Finding Possibility in Unlikely Places
Why in the world would a foundation encourage the growth of breweries?
The answer has nothing to do with beer and everything to do with the increasing need to attract millennial talent in our region as aging baby boomers retire and a labor shortage looms on the horizon. Breweries are one signal of urban vibrancy that gives the Twin Cities a competitive advantage in terms of recruiting and retaining fresh talent. In addition, cleaning up once unused, polluted spaces and transforming them into places of commerce and community is one way to achieve economically efficient development, which is an important strategic goal of McKnight’s Region & Communities program. The ongoing challenge of attracting new businesses and stable jobs back into the central areas of the Twin Cities requires smart and creative use of limited resources. Redeveloping brownfields is a worthwhile investment given that creating people-rich places and transit-oriented connections reduce the need for cars, enhance economic vitality, and advance a prosperous, low-carbon economy. Read the rest of this entry »