The Great Recession and its undead discontents.

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In the immediate years following the housing market’s catastrophic implosion, it was common to find half-finished suburban developments, where a handful of homes splayed out across a tangle of curvilinear streets. In most of these zombie subdivisions, the developer had already installed water/sewer, at least some of the paved roads, streetlights, road signs, maybe even …Read more…

Subsidization and its discontents.

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My latest just recently went to post at Urban Indy. The subject, a parking garage in an Indianapolis neighborhood, might seem dry or parochial to those outside of that metro region, but it speaks powerfully about the potential pitfalls of poorly prepared public-private partnerships.  Here’s the garage: It sits at a prime corner in Broad …Read more…

Sitting on the property, banking on its value to rise.

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Despite the seismic cultural and political shift that typically takes place every four or eight years, Washington DC has enjoyed a growth trajectory that surpasses most other US metros. In the first ten years of the 21st century, the region grew 16.4% –fourth highest among the ten most populous metros, and it proved particularly resilient …Read more…

Setting bounds for the bail bonds.

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Imagine if you can that you’re in Frederick—Maryland’s second largest city (a distant second, after Baltimore). You’ve just passed through the resurgent downtown, where a variety of restaurants and specialty shops line Patrick Street, the primary east-west corridor. Now, as you make your way past the bustle, you encounter a few businesses that suggest a …Read more…