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October 24, 2014

Top 10 (US) cities for young smart people

I’m always on the lookout for great websites and communities dedicated to cities. And today, thanks to a friend of mine, I found a new one called City Observatory. It’s my new favorite site for city geeks.

They describe themselves as a “data-driven platform for sharing, analyzing and discussing the success of cities.” As soon as I read that, I immediately subscribed. I’m a big believer in using data to elevate the discussions happening around our cities and to cut through the bullshit.

I’m looking forward to digging into more of their articles, but I did already take a look at the first report they published, which is called: “The Young and Restless and the Nation’s Cities”. Click here to download the PDF.

What the report talks about is a demographic group that they refer to as “Young and Restless”, and which they define as being 25-34 years old and having a 4-year degree. And they focus on this group because they see it as critical to driving local economic development.

They’re the next generation who are going to start those companies and drive growth and innovation. And since the data shows that as people age, they become less willing to relocate (which intuitively makes sense), cities today are quickly realizing that they need to capture this group of smart people while they’re still restless (i.e. mobile).

So if this is important, which cities (in the US) are winning right now? Here are the top 10 cities via City Observatory:

  1. Washington D.C. 8.1%

  2. San Francisco 7.6%

  3. Boston/Cambridge 7.6%

  4. San Jose 7.5%

  5. Denver 7.5%

  6. Austin 7.0%

  7. New York 6.6%

  8. Minneapolis 6.6%

  9. Raleigh 6.5%

  10. Seattle 6.1%

The percentage represents the portion of the population that’s 25-34 years old and has a 4-year degree. I’ve just listed the cities here, but in reality they reference the entire metro areas.

Do any of the cities on this list surprise you? None are surprises for me. It’s more or less what I would have expected to see, except maybe for the absence of Chicago (it’s 12th according to this ranking).

Is your city doing enough to capture this group?

Image: Flickr

July 24, 2014

How much does it matter what message a city sends you?

In keeping with the recent theme about cities, their brands, and the messages they send, I thought I would revisit an old essay (2008) written by Paul Graham (of Y-Combinator) called “Cities and Ambition.” In it, he talks about the various messages that cities send us, such as:

  • You should make more money (New York)

  • You should be better looking (Miami?)

  • You should be smarter (Cambridge)

  • You should be more powerful (Silicon Valley)

But the most interesting part of his argument is the belief that we are largely products of our environment. No matter how strong or formidable our personalities might be, the message a city sends us is hugely important. In fact, it might be impossible to escape it. Here’s how Paul puts it:

How much does it matter what message a city sends? Empirically, the answer seems to be: a lot. You might think that if you had enough strength of mind to do great things, you’d be able to transcend your environment. Where you live should make at most a couple percent difference.

But if you look at the historical evidence, it seems to matter more than that. Most people who did great things were clumped together in a few places where that sort of thing was done at the time.

You can see how powerful cities are from something I wrote about earlier: the case of the Milanese Leonardo. Practically every fifteenth century Italian painter you’ve heard of was from Florence, even though Milan was just as big. People in Florence weren’t genetically different, so you have to assume there was someone born in Milan with as much natural ability as Leonardo. What happened to him?

If even someone with the same natural ability as Leonardo couldn’t beat the force of environment, do you suppose you can?

I don’t. I’m fairly stubborn, but I wouldn’t try to fight this force. I’d rather use it. So I’ve thought a lot about where to live.

To some, this thought may depress you. I mean, if you happen to live in a city or place with the “wrong” message, you might feel as if you’re missing out. I know that thought certainly crossed my mind when I read his essay. But different messages resonate with different people, and so maybe the message your city is telling you is exactly the one you need to accomplish great things.

In Toronto, I’d say that the message is similar to that of New York: You should make more money. Oh, and also that you should buy more condos ;)

What message does your city tell you?

May 23, 2014

How will climate change affect our coastal cities?

One of the reasons New York is the city it is today is because of the superiority of its port. For a number of reasons, which are better explained here by urban economist Edward Glaeser, New York was almost destined to become “America’s port.” Of course, this phenomenon is something that has been repeated all throughout history. Being connected to the right body of water, in the right way, has meant all the difference in terms of economic success.

But with study after study demonstrating that our economic success is leading to severe climate change and to the melting of arctic ice sheets, those very same port cities are now being put at serious risk. How ironic. Hurricane Sandy was the largest storm surge in the history of New York. Prior to it occurring, the likelihood of such a storm would have been calculated at 0.1%. It was greater than a 1,000 year storm.

But if the research is correct, we’re going to see more storm surges and we’re going to see rising sea levels. This makes many, if not all, sea port cities a high risk zone for flooding, which is why cities, such as Boston, have prepared comprehensive reports on how to manage a rising tide. From adjustable parapet walls to multipurpose green spaces that can absorb excess water levels, cities around the world are looking for solutions.

But these are merely reactive solutions.

What need to also be looking at is how we can fundamentally improve our economy so that we’re operating in a sustainable way. Some of the research suggests that what we’ve done is irreversible, but that doesn’t mean we should continue to make it any worse. Part of the issue with this “wicked problem” is that it doesn’t seem immediate to most people, yet. It’s too easy to ignore. But that doesn’t mean it doesn’t exist.

Image: This Big City

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Brandon Donnelly

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Brandon Donnelly

Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly.

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