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Opinion EditorialsRana Florida Columns

The Inquireer: Philadelphia’s next challenge: Stemming the tide of America’s new urban crisis

Philadelphia has long been one of my favorite cities. Having grown up in New Jersey and gone to college at Rutgers, I’ve been visiting, and tracking, the city since the mid-1970s. I saw it in perhaps its most hard-pressed days and cheered on the stunning revival of its downtown area over the past decade or so. I’ve been visiting even more now, as the inaugural Philadelphia Fellow sponsored by Drexel University, Thomas Jefferson University, and the University City Science Center, where I have been working with local stakeholders and academics to benchmark where the city stands on key metrics and to develop strategies for the future.

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April 11, 2019
Miami Urban Future Initiative

Miami Herald: Miami lost Amazon’s HQ2.

South Florida’s bid to attract Amazon’s HQ2 may have come up short when it came to landing the big prize. But in a panel discussion Tuesday, regional leaders said the bid process itself has galvanized the tri-county area to think and work more collaboratively.

“This process showed an extraordinary level of regional cooperation, done in a record amount of time,” said urbanist Richard Florida, who led the discussion of the panel, “What Did We Learn From Our Amazon Adventure.”

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April 11, 2019
Profiles and Interviews

Mortgage Broker News: Toronto condo shortage paving the way for worse affordability

The pace at which new condos are added to Toronto’s red-hot housing market is nowhere near enough to fulfil the needs of a veritable surge of renters and would-be buyers, according to a recent report by Altus Group Ltd.

Since 2005, only around 60 purpose-built rental buildings have been erected in the market, offering a total of 11,620 new units over the 13-year period from then to the present.

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April 11, 2019
Opinion EditorialsRichard Florida Columns

Harvard Business Review: How the Geography of Startups and Innovation Is Changing

We’re used to thinking of high-tech innovation and startups as generated and clustered predominantly in fertile U.S. ecosystems, such as Silicon Valley, Seattle, and New York. But as with so many aspects of American economic ingenuity, high-tech startups have now truly gone global. The past decade or so has seen the dramatic growth of startup ecosystems around the world, from Shanghai and Beijing, to Mumbai and Bangalore, to London, Berlin, Stockholm, Toronto and Tel Aviv. A number of U.S. cities continue to dominate the global landscape, including the San Francisco Bay Area, New York, Boston, and Los Angeles, but the rest of the world is gaining ground rapidly.

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April 11, 2019
Events

Benzinga: Venture Café Philadelphia Kicks Off with Richard Florida as Featured Speaker

Venture Café Philadelphia will kick off its first Thursday night gathering on November 29 with prominent urban studies theorist, Richard Florida. The inaugural Venture Café Philadelphia Thursday gathering will take place from 3 – 8 p.m. at the newly opened 3675 Market Street where the University City Science Center is headquartered.

Richard Florida is one of the world’s leading urbanists. He is a researcher and professor, serving as University Professor and Director of Cities at the Martin Prosperity Institute at the University of Toronto, a Distinguished Fellow at New York University’s Schack Institute of Real Estate, and a Visiting Fellow at Florida International University.

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April 11, 2019
Opinion EditorialsRichard Florida Columns

The Star: A blueprint to help Mayor Tory get Toronto unstuck

Toronto Mayor John Tory’s resounding victory last month gave him an “historic mandate,” as he put it. He’ll need it, because the city he is leading is badly stuck, unable to address the deep challenges it faces. Indeed, the mayor must use his hard-won political capital to make headway on four key fronts.

First and foremost is affordable housing. Tory has said he will make housing and housing affordability a priority of his second term, declaring that “we must do more to speed up the increase in supply of affordable housing.”

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April 11, 2019
Opinion EditorialsRichard Florida Columns

Washington Post: The U.S. has lost its entrepreneurial advantage

lobalization strikes again. The latest target is entrepreneurship.

For decades, promoting start-up firms through venture capital and other methods of business investment seemed a peculiarly American strength. It has nurtured countless tech firms, including titans such as Facebook, Google and Apple. Americans have been duly proud. It reinforced a sense of national exceptionalism, because other countries couldn’t easily duplicate it, if at all.

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April 11, 2019
International publicationsOpinion EditorialsRichard Florida Columns

endi: Tribuna Invitada, El potencial creativo de América Latina

En estos tiempos, la clave para el desarrollo económico de América Latina ya no solamente incluye sus materias primas y sus manufacturas, sino también un recurso ilimitado aunque ignorado por muchos: el inmenso potencial creativo de la región. La creatividad forma indiscutiblemente parte del ADN de las sociedades, ciudades y barrios latinoamericanos,

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April 11, 2019
Miami Urban Future Initiative

Miami After HQ2: Why and How the Region Must Grow Its Own Amazons

With Amazon’s search for its second headquarters or “HQ2” finally over, it’s time for Greater Miami to get back to the business of building its own economy. The fact that Miami was selected as one of 20 finalists out of the 238 cities that applied to the original request for proposals reflects the tremendous strides the region has made in the economic development arena.

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January 23, 2019
Opinion EditorialsRichard Florida Columns

Wall Street Journal : Can the U.S. Keep Its High-Tech Edge?

While recent headlines have blared about the Trump administration’s multi-front trade war with Canadian dairy farmers, Chinese manufacturers and the European Union’s steel, aluminum and automotive industries, a much larger economic threat has gone virtually unnoticed. The high-tech startups that have provided the U.S. with a powerful edge in fields such as computers, software, mobile devices, biotech, the internet and an array of digital platforms now face rapidly increasing pressures from foreign competition. This looming crisis of American innovation could undermine the nation’s long-running global advantage in bringing to market the next new technology, the next new industry, the next big thing. It may well be the gravest challenge yet to America’s century-plus hold on global economic hegemony.

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November 16, 2018
Events

The Detroit News : Dan Gilbert discusses impact of private sector at CityLab Detroit

If city and civic leaders want an example of how instrumental the private sector can be in the transformation of a city, they can look at billionaire investor Dan Gilbert. Gilbert and his family of companies were highlighted during a Monday afternoon session for CityLab, a three-day conference at the GM Renaissance Center with participants from 156 cities across 27 countries. He sat down for a chat with Richard Florida, co-founder and editor at large of CityLab.com and senior editor of The Atlantic.

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November 16, 2018
CanadaOpinion EditorialsRichard Florida Columns

The Globe and Mail : Solving Canada’s startup dilemma

Canada, we increasingly hear, is becoming a global leader in high-tech innovation and entrepreneurship. Report after report has ranked Toronto, Waterloo and Vancouver among the world’s most up-and-coming tech hubs. Toronto placed fourth in a ranking of North American tech talent this past summer, behind only the San Francisco Bay Area, Seattle and Washington, and in 2017 its metro area added more tech jobs than those other three city-regions combined.

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November 16, 2018
Opinion EditorialsRichard Florida Columns

New York Daily News : Our real national divide: Local America vs. National America

It goes without saying: Ours is a divided nation. But the real boundary doesn’t run between Blue or Red states, liberal and conservative ideologies, or urban versus rural regions. No, the real divide in America is one of scale. Richard Florida and Mick Cornett belong to different political parties, and differ sharply on a number of policy views. But they share a core belief that our country’s future lies in Local America.

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November 16, 2018
CanadaEvents

Toronto Star : Toronto is a ‘city state’ and needs to start acting like it: Richard Florida

Toronto is a city on “the brink” of not fully realizing its potential and must think about a new model for growth if it wants to thrive and stand out as an example of a modern global metropolis, says urban studies expert Richard Florida. Speaking at Urban Land Institute Toronto’s symposium on Toronto urbanism, Florida, one of the world’s leading urban thinkers and a professor at the University of Toronto’s school of cities and Rotman School of Management, said Toronto is an incredible city but one that faces significant challenges including housing affordability, a “worsening class divide” and woeful traffic congestion.

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November 16, 2018
Opinion EditorialsRichard Florida Columns

The Globe and Mail : How Toronto can curb gun violence

A shadow hangs over Toronto after Sunday’s shooting on the Danforth. The recent killing spree follows on the heels of a vehicle attack on Yonge Street this spring and a raft of shootings, including one with small children in the crossfire last month. The city’s international reputation as a multicultural success story seems at risk, as Torontonians fear they are succumbing to the twin threats of gun violence and terrorism vexing other global cities.

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November 15, 2018
Opinion EditorialsRichard Florida Columns

Medium : Toronto’s Deadly Car Crisis

Torontonians like to sound off on Americans’ inability to deal with guns and gun deaths. But Toronto’ s inability to deal with the car creates its own killing fields. Today, more Torontonians die from being hit by cars than from being killed by guns. In 2016, nearly 2,000 pedestrians and 1,000 cyclists in the city were hit by cars. Of these, 43 resulted in fatalities.

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November 15, 2018
CitiesEvents

Urban Land Magazine : Keeping Life Affordable in Asia’s Fast-Growing Cities

Growing cities such as Hong Kong are at the epicenter of what Richard Florida has dubbed “the new urban crisis,” with the city’s success sending house prices soaring out of reach of the average resident. The author and urbanist, who is director of cities at the Martin Prosperity Institute at the University of Toronto, spoke at the 2018 ULI Asia Pacific Summit in Hong Kong.

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November 15, 2018
Miami Urban Future Initiative

Florida Trend : Miami Ranks First in the U.S. for Foreign Born Residents and International Cargo

Miami ranks first among large U.S. metros for the share of its residents who are immigrants (41 percent of the population), placing the metro ahead of San Jose, L.A., and San Francisco, according to a new research brief from the FIU + CCG | Miami Urban Future Initiative (MUFI). The report also finds that Miami ranks first among large U.S. metros according to the amount of merchandise goods, commodities, and cargo that it transported internationally in 2016 ($1.5 million tons).

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November 15, 2018
Miami Urban Future Initiative

PR Newswire : Miami Ranks First in the U.S. for Foreign Born Residents and International Cargo

Miami ranks first among large U.S. metros for the share of its residents who are immigrants (41% of the population), placing the metro ahead of San Jose, L.A., and San Francisco, according to a new research brief from the FIU + CCG | Miami Urban Future Initiative (MUFI). The report also finds that Miami ranks first among large U.S. metros according to the amount of merchandise goods, commodities, and cargo that it transported internationally in 2016 ($1.5 million tons).

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November 15, 2018
Opinion EditorialsRichard Florida Columns

The Globe and Mail : The economic price of electing Doug Ford

Ontario’s recent economic success is the product of longer-run investments in universities, arts and culture; advanced research in key fields like artificial intelligence; openness to immigrants; and a growing commitment to place-making and city-building. This economic advantage will be significantly diminished if Doug Ford becomes premier of Ontario. Comparisons are already being made between Mr. Ford and Mr. Trump, as well as between Mr. Trump and Mr. Ford’s late younger brother, Rob, the original North American populist. All three positioned themselves as advocates for the “little guy,” slashing taxes and cutting back government. Like Mr. Trump, Doug Ford has even hired actors for campaign events.

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November 15, 2018
Employment

The Washington Post : He went from jail to a $22-an-hour job. How can America get more stories like this?

This article references the Federal Reserve Bank of New York Staff Reports : Can Low-Wage Workers Find Better Jobs?
authored by Richard Florida, Todd Gabe, and Jaison R. Abel. There is growing concern over rising economic inequality, the decline of the middle class, and a polarization of the U.S. workforce. This study examines the extent to which low-wage workers in the United States transition to better jobs, and explores the factors associated with uch a move up the job ladder.

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November 15, 2018
Files / Working Papers

Federal Reserve Bank of New York Staff Reports : Can Low-Wage Workers Find Better Jobs?

There is growing concern over rising economic inequality, the decline of the middle class, and a polarization of the U.S. workforce. This study authored by Richard Florida, Todd Gabe, and Jaison R. Abel, examines the extent to which low-wage workers in the United States transition to better jobs, and explores the factors associated with uch a move up the job ladder.

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November 15, 2018
Rise of the Creative Class News Articles

The Detroit Free Press : Design industries are critical to Detroit’s future but need nurturing

Back in 2002, urban guru Richard Florida published his influential book “The Rise of the Creative Class,” which highlighted the importance of so-called “creatives” — artists, graphic designers, architects, and others — to the vitality of cities trying to overcome long-term decline. Florida’s book helped set the agenda for many a city, including Detroit, where the CEO group Business Leaders for Michigan launched the Detroit Creative Corridor Center in 2010.

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November 15, 2018
Miami Urban Future Initiative

PR Newswire : Miami Startups Receive $1.3 Billion in Venture Capital – 8th in the U.S.

Miami ranks eighth among large U.S. metros for the total amount of venture capital invested in its high-tech startups ($1.3 billion in 2016), according to a new research brief from the FIU + CCG | Miami Urban Future Initiative (MUFI). The brief also finds that Miami’s high-tech companies each earned an average of $14.2 million in venture capital investment in 2016—the second-highest share among large metros.

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November 15, 2018
Opinion EditorialsRichard Florida Columns

Toronto Star : Canada should be winning even more Olympic gold

With the help of his colleagues at the University of Toronto’s Martin Prosperity Institute, Patrick Adler and Charlotta Mellander, Richard Florida ranked Canada’s, and each nation’s Olympic medal performance relative to their population, size of their economy and number of athletes on their Olympic teams. So, how does Canada’s performance measure up on metrics like these?

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November 15, 2018
Miami Urban Future Initiative

Urban Land Magazine : As Art Revitalizes Urban Neighborhoods, Maintaining Affordability Remains a Challenge

In February, MUFI held it’s 2nd event hosted by ULI Southeast Florida/Caribbean gathering a panel of researchers, real estate developers, and economic development agencies at the new Arts & Entertainment District—the latest neighborhood to emerge as a cultural destination for city residents—to address these persistent challenges and offer some solutions for driving more inclusive development by attracting a creative class.

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February 20, 2018
Profiles and Interviews

Gecina Interview : [#Remarks by Richard Florida] Why 2018 will be the year (or not) of the “real estate tech” movement?

Interview with Bernard Michel, Chairman of Gecina French Real Estate Investment Trust. For Richard Florida, the real estate tech movement is a key part of the inclusive urban development and the future of work. But technology as « pharmakon », is also a reality that we need to consider in order to avoid falling into a dystopian scenario: the metropolisation vortex.

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February 12, 2018
Miami Urban Future Initiative

Brief : Benchmarking Miami’s Innovation and Entrepreneurship

The Miami metro—which spans Miami-Dade, Broward, and Palm Beach counties—is an aspiring hub for entrepreneurship and innovation. While Miami has long been a breeding ground for small businesses, the economic value of these businesses has historically trailed behind that of leading tech hubs like the San Francisco Bay Area, Austin, Seattle, and Boston-Cambridge. But the tide appears to be turning in Miami’s favor.The following research brief from the Miami Urban Future Initiative provides a data-driven assessment of the economic growth and competitiveness of the Miami metro, comparing its performance in recent years to all 53 of America’s large metros with populations of more than one million people.

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February 6, 2018
Miami Urban Future Initiative

Miami Herald : Miami wants to be a creative hub. Here’s what might keep that from happening.

The report, Benchmarking Miami’s Talent Base, is the latest in a series of research briefs produced by the FIU-Creative Class joint venture. The multi-year initiative was underwritten by the Knight Foundation to help local business and civic leaders learn more about where Miami stands in comparison to other U.S. cities in fostering the sort of knowledge-driven occupations necessary to compete in the modern economy.

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February 6, 2018

The Creativity index appeared to be one of the best metrics to understand sales performance at Cirque. And correlation are strong, therefor we will be now using this metric to anticipate sales performance and better forecast.

Alexandre AlleMarket Insight Advisor, Cirque du Soleil