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Smart growth & community banking
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Community Banker
- Article date:
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April 1, 2001
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Copyright informationCopyright America's Community Bankers Apr 2001. Provided by ProQuest LLC. (Hide copyright information)
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What does the renewed focus on neighborhoods mean for community banks?
Smart growth, as a concept, has been around for a while. It's only in the last few years that it's had a name and the backing of a national organization. Smart growth has roots in both environmental and economic activism. Simply put, smart growth is an initiative that seeks to decrease suburban sprawl and bring development and revitalization back to urban centers (see sidebar for the 10 principles of smart growth).
For decades, people have been fleeing inner-city neighborhoods for the suburbs, encouraged by the development of highways that let them escape the cities for shopping malls that brought a variety of services ...
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