I was browsing through my online reading list this morning (as I do every morning), and I stumbled upon this Dezeen article talking about a big new 6.5 million square foot development being proposed in Miami’s Park West neighborhood.
The goal of the project is to transform Miami into “Florida’s Silicon Valley.”
This sort of thing is happening all around the world. From Buffalo to Lisbon, cities everywhere are betting on tech, startups, and entrepreneurship to grow their economy in the 21st century. And I personally think that’s really exciting.
But as I was reading the article, I couldn’t help but think of an old essay that Paul Graham wrote back in 2006 called, How to be Silicon Valley. (Paul Graham is a famous Silicon Valley entrepreneur/investor).
In his essay Graham argues that to be or to replicate the model of Silicon Valley in your city, you basically need two types of people: rich people and nerds. The idea, of course, being that the nerds work on the cool new ideas and the rich people then fund them.
Using this logic, he specifically calls out Miami as a city where few startups happen and as a city not likely to become another Silicon Valley. Though there’s lots of money and rich people in Miami, there simply aren’t enough nerds. In Graham’s words: “It’s not the kind of place nerds like.”
But that was back in 2006.
The iPhone didn’t even exist yet. Things have since changed. Now there are successful tech companies like Snapchat (valuation north of $15 billion) that are based out of cities like Los Angeles. And I think you could argue that Los Angeles and Miami do share some similarities.
So while it may have seemed far fetched in 2006 for Miami to become a startup hub, is that really the case today?
Image: Dezeen
This morning I read through a real estate report called Luxury Defined. It’s a look at the global luxury real estate market across “the world’s top 10 cities for prime property” and about 70 regional and resort destinations.
It’s interesting to look at the trends and see how high-net-worth individuals (HNWIs) are choosing to allocate their funds in residential real estate. Here are some of the charts and diagrams that caught my eye as I was going through it (you may need to zoom your browser in):
If you’d like to download the full report, click here. It’s free, but you’ll need to enter your name and email address.
Sugar Beach in Toronto by christophmarten on 500px
Since we’ve been discussing waterfronts lately, I thought I would share this post from ArchDaily talking about 4 ways that cold-climate cities can make the most of their waterfronts.
They are:
Plan for winter sun
Create plazas that block wind
Break up outdoor spaces with comfort stations (not sure why they just have to be stations)
Design for active winter programming
These, of course, aren’t new design strategies. Cities have been built around their climates since, probably, the beginning of cities. It wasn’t until more recently that we started basically ignoring local climates and focusing more on what mechanical systems can do to make us feel comfortable.
But I think that was a mistake. I don’t think that mechanical systems are bad though. I just think that there’s a lot that we can do first – without mechanical systems – to address local climates.
If you’ve ever sat on a patio during a swing season (i.e. right now) where the wind was blocked and you were in the direct sun, you already know that there’s a lot that can be done without relying on active systems.
But the other thing I like about this post is that it acknowledges the fact that winter waterfronts require just as much, if not more, design attention than a warm-climate waterfront.
Saying that we’ll (insert cold-climate city name here) never be Miami or Barcelona or Sydney is just giving up.