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Creativity and Neighborhood Development

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Reform of development processes is especially important to niche developers and investors within the cultural community because they are often least able to incur the high transaction costs of idiosyncratic public processes. Small arts entrepreneurs also lack the financial and political clout to maneuver through entrenched real estate development systems. The greatest efficiency is created if there is clarity and predictability at points of public entry and adequate assistance at the civic level to maximize access. Civic institutions funded to promote the real estate and business interests of the arts and cultural community can facilitate access by creating resources for information,...
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Creativity and Neighborhood Development

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