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As the knowledge economy takes greater hold, where does Cincinnati fit in?

As the knowledge economy takes greater hold, where does Cincinnati fit in?.

As Cincinnati’s new leadership settles into their self-empowered roles of merely paving roads and keeping streetlights on, how does that position the city and region in an ever-changing economic landscape that is favoring fewer and fewer places? By not investing in placemaking strategies and transit, the city’s future may appear bleak unless a change is made. More from The New York Times:

“The most profitable businesses no longer involve heavy machinery; they are rooted in ideas, which, it turns out, spread most effectively when knowledge workers are densely packed together. The top handful of major metropolitan areas — New York, Chicago, Los Angeles — account for a hugely disproportionate share of overall U.S. economic growth, Glaeser says. There is every reason to believe this trend will continue and, most likely, increase. That will draw even more of the high-earning elite to big cities and many of the poor, too, seeking jobs and assistance in these centers of economic growth.”

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Is Cincinnati prepared for the emerging economic influence and preference of the Millennials?

Is Cincinnati prepared for the emerging economic influence and preference of the Millennials?.

The most educated generation the world has ever seen is starting to flex its muscle when it comes to the location of corporate headquarters. For years it has been said that Millennials would and are choosing places to live before choosing places to work, and with increasing evidence of the talented, young professionals turning down jobs for companies in suburbs, this seems to be true. What is Cincinnati doing to position itself as one of the small group of cities who win over the largest and most educated generation in American history? More from Yahoo! Finance:

After decades of big businesses leaving the city for the suburbs, U.S. firms have begun a new era of corporate urbanism. Nearly 200 Fortune 500 companies are currently headquartered in the top 50 cities. Many others are staying put in the suburbs but opening high-profile satellite offices in nearby cities, sometimes aided by tax breaks and a recession that tempered downtown rents. And upstart companies are following suit, according to urban planners. The bottom line: companies are under pressure to establish an urban presence that projects an image of dynamism and innovation.

As young workers start families, they may care more about soccer fields and good schools than sushi restaurants and bike paths, priorities that may send them out of the urban core. But the employers that sought them out in the city are unlikely to follow them back to the suburbs, said Mr. Phillips of the Urban Land Institute. “Given energy prices and traffic conditions, it’ll be a long time before we see another wave of suburbanization.”

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Record Fair to Gather Area Music Lovers in Northside This Weekend

Northside Presbyterian ChurchHundreds of vinyl collectors and music lovers will gather in Northside this weekend for the second annual Northside Record Fair.

The event, according to its website, seeks to “bring together record collector dorks from all over the Midwest to buy, sell, trade and generally nerd out” over thousands of records, CDs, cassettes, 8-tracks, reel-to-reels, posters, concert DVDs, zines and other music memorabilia.

More than 40 vendors from across the Midwest – a mix of independent record stores, small limited-edition labels, dealers and private collectors – will sell at the event, including event sponsor Shake-It Records, Black Plastic in Northside and Louisville record store Astro Black.

The Northside Record Fair extends beyond the boundaries of a typical record swap however.

“I’m more of the mindset of wanting the record fair more out there than just Elvis records and Beatles records,” explained event organizer Jon Lorenz. “My interests are in more obscure punk records or indie records or experimental stuff.”

Lorenz had always wanted to organize a large-scale record fair, taking inspiration from New York’s WFMU Record Fair. When a friend first suggested organizing a record swap in 2012, Lorenz said, “Why not go all out and make it as big as we can?”

Last year’s inaugural Northside Record Fair at Hoffner Lodge attracted over 400 people from Cincinnati and as far as Lexington, Louisville, Indianapolis and Columbus. This year Lorenz anticipates an even bigger crowd.

The event is produced by Lorenz under the moniker Dome Presents, a music promoter specializing in underground, DIY and experimental music. Lorenz says that he started Dome Presents to try to engage bigger bands that have a more underground or cult following that would normally skip Cincinnati.

The Northside Record Fair will take place on Saturday, November 23 at the Northside Presbyterian Church on Hamilton Avenue from 11am to 4pm. Early bird admission will cost $10 and start an hour earlier at 10am. Regular admission will cost just $5.

The event is easily accessible by several Metro bus routes, and Northside offers an abundance of free bicycle parking.

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Up To Speed

$1.6B partnership deal inked to replace Goethals Bridge

$1.6B partnership deal inked to replace Goethals Bridge.

Yet another multi-billion dollar bridge replacement project is advancing in the New York metropolitan area. A couple of weeks ago we shared how the Tappan Zee Bridge replacement project got a $1.6 billion federal loan. Now a $1.6 billion public-private partnership deal has been signed to fund, build and replace the Goethals Bridge, which like the Brent Spence Bridge, is consider “functionally obsolete.” Unlike the Brent Spence Bridge project, however, is the fact that the new Goethals Bridge will reserve space for future bus or light rail service. More from Staten Island Advance:

This public-private partnership was struck between the Port Authority of New York and New Jersey and NYNJ Link Partnership, a venture comprised of private companies Macquarie Infrastructure and Real Assets Inc., Kiewit Development and lead contractors Kiewit Infrastructure, Weeks Marine and Massman Construction…Through this partnership, the developers are responsible for designing, building, financing and maintaining the new bridge and demolishing the old one.

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Will Janette Sadik-Khan and Amanda Burden form their own urban planning policy institute?

Will Janette Sadik-Khan and Amanda Burden form their own urban planning policy institute?.

New York City Mayor Michael Bloomberg not only brought his huge stack of cash with him when he took control of the nation’s largest city in 2002, he also brought a high-powered administration with him. One of the most successful and popular of those has been Bloomberg’s transportation chief Janette Sadik-Khan and planning head Amanda Burden. Both are rumored to be looking for new gigs. More from Crain’s Business:

The city’s transportation chief, Janette Sadik-Khan, and planning czar, Amanda Burden, are close friends who share a passion for creating vibrant, sustainable cities. They have been travel companions—to India, Amsterdam, Rotterdam, Copenhagen—and even sat next to each other at a recent benefit gala honoring Ms. Sadik-Khan.

And when the Bloomberg administration draws to a close this year, the powerful pair could go into business together, spreading their brand of urban planning across the globe. Several former Bloomberg administration sources confirmed that the two have been in discussions about forming their own urban-planning policy institute, either as an offshoot of Mayor Michael Bloomberg’s foundation or as a stand-alone entity. Another source said they were angling to open a global consulting firm.