Community Development Investment Review

August 23, 2016

Understanding Middle Market Neighborhoods as Vital Parts of Regional Economies


Both the regional growth and neighborhood development fields are focusing on how the component parts of the regional economic geography—particularly its neighborhoods—define, participate in and contribute to regional economic performance, and vice-versa. In the long run, neighborhoods and their regions thrive or fail together. This chapter describes the connection between neighborhood and regional economic growth and proposes “neighborhood business plans” as a method of undertaking neighborhood development aligned with and contributing to regional growth in today’s economy.

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