Community revitalization Essay Example | Topics and Well Written Essays - 1000 words

Community revitalization - Essay Example2008 15-20) Additionally, renovation and conservation of old buildings have contributed to the growth of infrastructure in this town and a higher sparing growth is expected in the near future. The revitalization in New York is supported by some(prenominal) federal agencies and the state. The state and federal agencies contributing to economic development organize service provision match to regions examples include the federal Economic Development Administration, the Thruway Authority and Canal Corporation, Metropolitan Planning Organizations, and districts defined by the Department of Transportation, the Department of Environmental Conservation, the Division of Housing and Community Renewal, the Governors routine of Small Cities, the Department of Agriculture and Markets, and the Empire State Development Corporation and its Division of Marketing, Advertising and Tourism. This is the aforementioned(prenominal) case in Dubai who has really invested much in the architectural structures, Dubais recovering property market is aiding to emolument of the economy once again after several years as a dead fish on growth ( correspond to government report). The emirates recovering property market - collective with a solid immortalise in trade, manufacturing, transport and finance - lifted the emirates GDP to more than 4 per cent in altogether one quarter of a year. Both property and bodily structure contributed around 21% of Dubais growth in the first quarter this is second only to wholesale and retail trade, which accounted for 28 per cent of the expansion (this is according to a report from the Dubai Economic Council). New York has been going through widespread restructuring for nearly two decades as it transitions from dependency on traditional manufacturing to a more diversified economic base featuring strong service, tourism, and technology sectors. This has significantly attracted many tourists in the New York City and also attracted more investors. This has greatly been facilitated by the primal government who is willing to support. This is the same case in Dubai which because of its architectural strength has become a close to every tourist in the world. Substantial resources and various organizations dedicated to economic development have been gravel up at local, county, regional, and state-wide levels, using a blend of proven and innovative strategic techniques. Definitely, any brightness which duplicates existing efforts risks increasing the systems inefficiency by adding to its complexity Harness existing tourism, industrial, agricultural, and community progress assets in the service of economic growth that reinforces the regions sense of place. The Commissions come to heritage development also seek to identify and support the interests of all concerned by leverage the Corridors wealth of historic, cultural, natural, and recreational resources for economic purposes without degrading these assets(. Brookings Papers on Economic Activity 22 Mar. 2008 15-20) Brennan (Para. 1) has noted an enormous investment in new buildings in the New York City with more than 700 construction projects coming up in this city. In the year 2013, most of these projects have started and ground breaking has taken place for most of them while others are already under construction. Back in 2012, the $20.5 billion value