5.a Flashcards
What is placemaking?
Placemaking is a multi-faceted approach to the planning, design and management of public spaces.
What does placemaking do/aimed to do?
Placemaking capitalises on a local community’s assets, inspiration, and potential, with the intention of creating public spaces that promote people’s health, happiness, and well-being.
Is placemaking purely for economic gain possible? Why/ why not?
It has people at the heart -> social focus. It is about how the environment and society would benefit. Therefore, placemaking purely for economic gain is not possible.
Who creates places?
Global international systems.
60-80% of all data now includes a what?
60-80% of all data now includes a locational component.
The explosion of the use of GIS means what for Governments?
The explosion and use of GIS means that more governments are now using geography as part of their work. Governments at all scales are becoming more aware of the need to consider placemaking as part of their operations.
If you were a government in charge of placemaking, what would you prioritise?
Increasing social cohesion.
Designing building’s ad public places.
Attracting FDI.
Reflecting the history and culture of the place.
Reducing crime rates.
Improving environmental quality.
Reduce speed in place.
Creating a 24hr city.
Promoting community centre use.
Why could it be argued that increasing social cohesion is the most important factor when it comes to priority in placemaking?
Places are made by the people who live there.
If groups of people experience friction, the places may socially decline.
Why could it be argued that increasing social cohesion isn’t as important as some other factors, when it comes to priority in placemaking?
Some people are able to make social connections without the use of a community centre.
Potentially not a necessity.
What is FDI?
The inward investment by a foreign company (usually a large TNC) in a country.
What does FDI stand for?
Foreign Direct Investment.
Why do governments want to attract FDI when placemaking?
Create new jobs.
Creating a competitive, dynamic, and globally connected places.
To advance the economic development of a place.
Increasing a country’s export capacity.
How do governments attract FDI?
Offer attractive rates of corporation tax.
Creation of special economic zones -> trade laws different from rest of country.
Open tax relief and subsidies.
Attraction of relatively low labour unit costs.
How have governments of countries/ places used placemaking to attract FDI? Give an example.
(Governments can use placemaking to reinvent a place)
Governments can use placemaking to reinvent a place.
E.g. Dubai has reinvented itself from a small fishing village to a hub city with many global brands locating there.
Dubai is now a regional hub in several areas and it ranks as the second most targeted city by international retailers.
Why has retail been one of the fastest-growing industries and one of the leading drivers of economic growth in the UAE in recent years?
“The rising population and urbanisation, expatriate wealth, strong household consumption and modern retail concepts as well as a thriving tourism sector continue to provide ideal conditions for growth”.
Why is it important for a placemaking to consider the accommodation of workers?
Creating places that are uniquely attractive to talented workers so that they want to be there and live there, and by so doing, they create the circumstances for substantial job creation and income growth by attracting businesses that are looking for concentrations of talented workers.
How have governments of countries/ places used placemaking to attract FDI? Give an example.
(Governments can use placemaking to create infrastructure)
Governments can use placemaking to create infrastructure.
E.g. in Cambridge the creation of a specific ‘Science Park’ as a zone that has attracted many high tech companies, including Astra Zenica which was originally founded in Sweden.
What are the 3 ways that a government can used placemaking to attract FDI?
Governments can use placemaking to reinvent a place.
Governments can use placemaking to create infrastructure.
Governments can use placemaking to encourage specific policies.
How have governments of countries/ places used placemaking to attract FDI? Give an example.
(Governments can use placemaking to encourage specific policies)
Governments can use placemaking to encourage specific policies.
E.g. Birmingham now offers direct flights to India and China and this has supported foreign direct investment growth which increased by more than 50% against a national increase of just 11% in 2013. This has created an additional 4,000 local jobs and is worth an estimated £174 million to the local economy - per year.
FDI started to rapidly increase in 1980. Why do you think this is?
Concept of shrinking world; better communication, rise of internet.
Improved accessibility e.g. faster, larger aeroplanes.
Where are the most FDI flows of capital from and where are their investments?
Most are from HQs in ACs e.g. Barclays, Nestle, Sony.
Over 60% of their investments in ACs.
Who (which country) is set to be one of the world’s biggest investors by 2020?
China.
2015, US$100 billion of FDI was invested by Chinese companies.
What did the Commission for Architecture and the Built Environment state in 2009?
“An effective planning system and good spatial plan are essential to achieving high-quality places and good design”.
What do the UK’s local authorities planning departments do in their area? Why is this important for placemaking?
They develop a Local Plan for their own local area which includes elements of place and industrial and housing developments, transport, and amenities such as parks.
This strategy is important in placemaking as it sets the framework for new building or uses of land.