Four ways of funding an urban intervention
This two-by-two matrix describes the basic strategies available for organizing the financial support of proposed undertakings in the built environment. Each will have implications for the likelihood that necessary levels of funding can be maintained over the medium to long term; for the scalability and repeatability of the proposed intervention; for the absolute level of financing achievable (as well as for the timeframe in which this financing can be assembled); and for perceptions of the proposition’s legitimacy.
“Venture capital” should here be understood to include all speculative operations with private financing, i.e. the ordinary practice of commercial real-estate development, while combined approaches (so-called “public-private partnerships”) are occasionally possible. Virtually all contemporary investment in the built environment takes place in the upper two quadrants of this matrix.
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- “What Shapes The City?”: Upcoming talk at University of Toronto, November 21st 28 October 2016
- Can you smell what I’m cooking? 6 August 2016
- On the Master Bullshit Matrix 16 April 2016
- A brief note on “commoning” 2 April 2016
- On counter-hegemony, or: “I got it! We’ll have them write hit songs.” 24 March 2016
Being discussed now
- AG on “What Shapes The City?”: Upcoming talk at University of Toronto, November 21st
- August on “What Shapes The City?”: Upcoming talk at University of Toronto, November 21st
- Ravenswood Design on On the ground running: Lessons from experience design
- DNH603 2016 on On the ground running: Lessons from experience design
- inhab.it on Flowers for cyberpunk