img

How Sustainability Works.

Because it has a bottom-line that requires better economic results, the private sector is figuring out faster the central concept of the new economy: sustainability.

Posly the best example, private buildings moved to energy efficiency far more rapidly because they must lower operating costs to compete. Similarly, developers understand much better than do municipalities that compact development leads to lower housing and infrastructure costs. The emerging economy's market also says compact communities tend toward higher property values. Lowering these costs and raising property values eventually will allow municipalities to raise more revenue to build the infrastructure they need for the future.

The basis of this activity will be the Best Practices and case studies from Chicagoland that have been published by The Urban Institute.

A goal of "How Sustainability Works" will explore how the emerging economy for private developers can help local government start on the path to fiscal sustainability.