Well, this is interesting. And if you're Tommy Barrett, maybe even frightening.
The ongoing Census reveals the continuing evolution of America’s cities from small urban cores to dispersed, multi-polar regions that includes the city’s surrounding areas and suburbs.
...but the obsession with hipness often means missing a bigger story: the gradual diminution of the urban core as engines for job creation. For example, while Chicago’s Loop has doubled its population to 20,000, it has also experienced a large drop in private-sector employment, which now constitutes a considerably smaller share of regional employment than a decade ago. The same goes for the new urbanist mecca of Portland as well as the heavily hyped Los Angeles downtown area. --Kotkin quoted at Marketplace
You don't have to be a stat-geek to know that's exactly what's happening in downtown Milwaukee, too. Lotsa condos and apartments--attractive ones. Jobs?
USBank employment down compared to First Wisconsin of 1980, M&I to follow trend shortly. NML puts new workforces in Franklin. Commercial realtors reporting that "NOT IN MILWAUKEE COUNTY" instructions accompany 'industrial building wanted' listings.
Meantime, Germantown, Brookfield, and Pewaukee industrial/commercial properties fill up and expand.
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