Monday, January 17, 2005
In a new report by the Brooking Institution, convention expert Heywood Sanders throws up a caution sign to convention center proponents. Read more.
Sanders' report deflates the argument that convention center investments make a lot of sense. The reason: a soft national market and an over-supply of space. The market is not down just a little. It has fallen 30% to 50%, according to the report. At the same time 53 cities have either built or expanded their convention centers. Another 44 coties have work planned or underway.
You can download the Brookings report here.
posted by Ed Morrison |
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Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.
Report: Convention market is shrinking
