The Rise of Innovation Districts

THE RISE OF INNOVATION DISTRICTSA New Geography of Innovation in America

Washington, DC | June 9, 2014Metropolitan Policy Programat BROOKINGS

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The Rise of Innovation Districts

INDUSTRIAL DISTRICT

INDUSTRIAL DISTRICT

RESEARCH PARK

INDUSTRIAL DISTRICT

RESEARCH PARK

INNOVATION DISTRICT

Our open, innovative economy craves proximity and extols integration.

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Our diverse population is demanding more and better choices in where they live, work, and play.


Altered family structure

Altered family structure

Married couples with childrenrepresent under 20% of households, down from

40% in 1970

Older AmericansAltered family structure


40% in 1970

Older AmericansAltered family structure


40% in 1970

Walking access to bus stop is most desired amenity for

older Americans

Older Americans MillennialsAltered family structure


40% in 1970


older Americans

Older Americans MillennialsAltered family structure


40% in 1970


older Americans

40% of millennials prefer cities, versus only 28% of

Americans as a whole

These trends revalue cities and “cityness.”

Our diverse population is demanding more and better choices in where they live, work, and play.


Watch on YouTube

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https://www.youtube.com/watch?v=I6peAaD_avo&feature=youtu.be

InnovationDistrictIn no va tion• ••

Dis trict•

Geographic area where anchor institutions and companies cluster and connect with small firms, start-ups, business incubators and accelerators.

Physically compact, transit-accessible, and technically wired, they offer mixed-use housing, office and retail.

“For each new high-tech job in a metropolitan area, five additional local jobs are created outside of high tech in the long run.”

- Economist Enrico Moretti in The New Geography of Jobs

Anchor-driven in midtown/downtown areas

Innovation District Models

Anchor Plus


Within or near waterfronts or other old industrial areas


Anchor Plus

Re-imagined Urban Area


Within or near waterfronts or other old industrial areas


Outside of the city core where suburban parks are urbanizing

Urbanized Science ParkAnchor Plus

Re-imagined Urban Area

Cambridge - MIT

Philadelphia - University City

St. Louis - CORTEX

Brooklyn - Navy YardSeattle - South Lake Union

Boston - Seaport

Research Triangle ParkUniversity of Virginia

University of Arizona Tech Park

Deconstructing Districts

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Economic Assets

Networking Assets

InnovationEcosystem

Physical Assets

EconomicAssets

Source: Drexel University

High-value, research-oriented firms

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Economic Assets

Highly creative fieldsHigh-value, research-oriented firms

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Economic Assets

Highly creative fields Small-batch manufacturingHigh-value, research-oriented firms

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Economic Assets

Economic Assets

Networking Assets

Physical Assets

PhysicalAssets

Barcelona City Council. Area of Economy, Business and Employment Source: Downtown Detroit Partnership Office Source: High Tech Campus Eindhoven

Source: Cortex

Physical Assets

Source: Gustav Hoiland

Physical Assets

Stockholm Life 2010

Source: mot o ̈ste

Physical Assets

Stockholm Life 2025 Stockholm Life 2010

Source: mot o ̈ste Source: WSP

Physical Assets

Economic Assets

Physical Assets

Networking Assets

Strong ties: Tech Regulars at Eindhoven

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Tech

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Networking Assets

Weak ties: Networking breakfasts at 22@Barcelona

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City

Cou

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Area

of E

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Networking Assets

Economic Assets

Networking Assets

InnovationEcosystem

Physical Assets

St. LouisCORTEX

FOREST PARK

Base map by Stamen Design, maps.stamen.com

CORTEX DISTRICT

St. LouisCORTEX

FOREST PARK


SHRINER’S HOSPITAL

WASHINGTON UNIVERSITY MEDICAL

SCHOOL CAMPUS

BJC HEALTHCARE HOSPITAL CAMPUS

ST. LOUIS UNIVERSITY

St. LouisCORTEX

FOREST PARK


ST. LOUIS COLLEGE OF PHARMACY

COFACTORGENOMICS

FDA

BJC HEALTHCARE

WASHINGTON UNIVERSITY GENOME DATA CENTER

WASHINGTON UNIVERSITY GENOMICS INSTITUTE

SOLAE/DUPONT

GOLDFARB SCHOOLOF NURSING

St. LouisCORTEX

FOREST PARK


METROLINKto Downtown

St. Louis

METROLINKto Washington

University

FUTURE CORTEX METRO STATION (2016)

CORTEX COMMONS

St. LouisCORTEX

TECHSHOP ST. LOUIS

FOREST PARK


@4240CAMBRIDGE INNOVATION CENTER

CORTEX IBIOGENERATOR ACCELERATOR LAB

CENTER FOR EMERGING TECHNOLOGIESBIOGENERATOR

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3 A Path Forward

1 Create Your Network

Government Metropolitan Network


South WaterfrontBoston

Mayor



Mayor

University CityPhiladelphia

UCScienceCenter



Mayor

University CityPhiladelphia

UCScienceCenter

Research Triangle ParkRaleigh/Durham

RTPFoundation

Set Your Vision2

Economic Assets

Networking Assets

InnovationEcosystem

Physical Assets

Set Your Vision2

Source: Ayers Saint Gross

Source: Boston Redevelopment Authority

Set Your Vision2

Strategies for Success3

TALENT AND TECHNOLOGY

Seattle



Seattle

CAPITAL ANDINVESTMENT

Detroit

Invest Detroit



Seattle

INCLUSION ANDEQUITY

Philadelphia

Mantua Promise Zone

CAPITAL ANDINVESTMENT

Detroit

Invest Detroit

Washington, DC | June 9, 2014Metropolitan Policy Programat BROOKINGS

THE RISE OF INNOVATION DISTRICTSA New Geography of Innovation in America

Metropolitan Policy Programat BROOKINGS

The Rise of Innovation Districts

Economy & Finance

Transcript of The Rise of Innovation Districts