Update on New Economy Town investment initiative
A few years ago I assisted in the founding of an investment group, The Town Builders Collaborative (TBC), that was looking to invest in university towns via new urban villages that focused on the post-graduate crowd – what they referred to as ‘new economy towns’. They sought cities that were interested in such investment to build places like this image that’s used on their website.
The TBC ‘plate is now full’, as they are involved in four projects, one in Detroit, two in Illinois, and another in LaGrange, although the latter isn’t a new economy town. I’ll be providing updates as these projects progress.
So, what’s next? There’s a new fund for even more progressive, cool urban villages coming. More in the next blog…
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