Why should cities become more innovative & what is required?

Lisette van Doorn

CEO, ULI Europe

Provada, 8 June 2016

What are the major urban development trends?

What’s (Re)Urbanising?

5

Why are businesses moving back to the city?

Demographics

and lifestyle

Transport

and safety

and education

Improvements

Changing

Working

Practices

Sustainability

Concerns

Policy-driven

and market

incentives

(eg trade)

Technological

Advances

Opportunities

to collaborate

What do occupiers in

the innovation economy

want?

Flexible Lease Terms

Well designed and

adaptable workspaces

High quality equipment

and technology

Availability of Move-on / Grow-on

space Systems that protect IP

Opportunities for collaboration

and mentorship

Vibrant mixed use

surroundings

Differentiating good density from bad density

Types of innovation economy location

9

Innovation

districts

e.g. Tech City,

East London

Innovation

corridors

Innovation

campuses

Individual

sites e.g. Washington DC

Digital Tech Corridor

e.g. Kista,

Stockholm

e.g. iHub,

Nairobi

Most innovation locations in the innercity

Why is innovation important for cities?

What is a competitive city?

Innovation is a key ingredient to be competitive

Investors prefer innovative cities Cities rankings 2016 (investment prospects)

1. Berlin

2. Hamburg

3. Madrid

4. Dublin

5. Copenhagen

6. Birmingham

7. Lisbon

8. Milan

9. Amsterdam

10. Munich

#emergingtrends

What’s required to become (more) innovative?

What’s required to become (more) innovative?

Example: Brussels – Assessment

Peer group cities: • Amsterdam • Berlin • Copenhagen • Dublin • Madrid • Rome • Toronto • Vienna • Washington, D.C

Summary: what are the key success factors?

• Appetite & Mindset

• Vision & Strategy

• Assets & Catalysts

• Transparency & Incentivised governance

• Capability & Bold leadership

Thank you!

http://europe.uli.org/research/