Columnist Neal Peirce (Seattle Times) wrote about Barcelona as a model of urban innovation.
Barcelona turned a depressed inner-city district into a high-powered knowledge hub by utilizing an ingenious form of real-estate development. The Spanish model is quite different from America's "free enterprise" approach to redevelopment.
"Their central idea: Talent is the gold of our time, crucial to building thriving new economic clusters. Talented people (and cutting-edge firms) want lively urban environments instead of the isolation of corporate campuses. They're anxious to brush shoulders with other gifted people from companies, universities and the artistic realm."
How does it work? Refer to the article for more information.
"Each of the district's 100-square-meter blocks — rather than individual land holdings — was made the basic unit for regeneration. Once 60 percent of landowners in any one of the 115 blocks agree to act collectively, they can — as a community — increase the value of their property by getting city permission to rebuild with greater height (more stories) than allowed in the past."
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