Title:
1-
- As we look deeper into the 21st century, the
name of the game has changed. Instead of
isolation, we are faced with the pressing reality
of a single, rapidly evolving, global and
multiethnic culture. Connections and
relationships cannot be ignored, because what
happens in one part of the world, whether
economic, political, cultural or environmental,
affects all other parts. - Loheed Brooks
- New Places for a New Age
- Urban Land
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
2- TOP 10 GLOBAL TRENDS
- Demographics
- 1. Changing American Demographics
- 2. Immigration Trends
- 3. Changes Within the
- Creative Class
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
3- TOP 10 GLOBAL TRENDS
- Lifestyles
- 4. Traffic Congestion Value of Time
- 5. Trends in Health Care, Wellness
- Recreation
- 6. Growth of Tourism
- 7. Americas Growing Debt Burden
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
4- TOP 10 GLOBAL TRENDS
- Global Competition Change
- 8. Emergence of China, India
- a Planetary Middle Class
- 9. Continued Advances
- in Technology
- 10. Environmentalism,
- Sustainability
- Climate Change
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
5- 1. Changing American Demographics
- Baby Boom 77 million born 1946 to 1964
- Sheer numbers support labor markets,
entitlements - College education rates increase 5x
- Shaped by suburbia, Cold War Civil Rights era
- Living longer, healthier
- Unprecedented wealth, to shift to next
generation - Empty nest market looking to downsize?
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
6- 1. Changing American Demographics
- Generation X 44 million born 1961 to 1981
- Cynical about the future, bitter toward baby
boomers - Shaped by information age ability to
multi-task transfer skills enhances
marketability in job market - Value lifestyle over company loyalty
- Discretionary spenders, homebuyers at earlier
age - Majority now have children
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
7- 1. Changing American Demographics
- Millennials 70 million born 1977 to 2003
- Growing up with technology multi-taskers
- More optimistic, tolerant and open-minded
- Multi-cultural in majority of 100 largest U.S.
cities, more than half under age 15 are racial
andethnic minorities - Spirit of volunteerism and passion to foster
change - Increasing impact in U.S. voting and
- elected office
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
8- 2. Immigration Trends
-
- U.S. only major growing industrial country, due
mostly to immigration - Only 5 countries welcome immigrants as permanent
residents U.S., Canada, Australia, New Zealand
Israel - 85 of U.S. immigrants from Latin America or
Asia - Shift away from traditional urban gateways to
suburbs rural areas - 49 languages currently spoken in
- Littleton Public Schools
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
9- 3. Changes Within the Creative Class
- Richard Floridas creatives attracted to
diverse, tolerant, - innovative and vibrant environments
- Entrepreneurs who staff/start innovative growing
companies - Growing importance of well-educated young women
- -60 of college enrollment by 2013
- -Majority of workforce by 2010
- Millennials to replenish/replace the creative
class - Quality schools key to attracting and
- retaining young families
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
10- 4. Traffic Congestion and the Value of Time
- U.S. auto dependency increasingly costly in
time and money - Worsening traffic congestion cost Americans 63
billion in 2005, 47 hours in average annual
delays - Denver 1986 20 hours
- 2005 50 hours
- Additional road capacity doing littleto stem
congestion - Transit growth has exceeded driving growth since
1996 - Avoiding congestion a motivation for urban
living?
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
11- 5. Trends in Healthcare and Wellness
-
- Demand for services increasing, supply
decreasing - Declining hospital use and stays for cost
containment - Nearly 46 million uninsured adding to cost burden
- More reliance on outpatient, retail and
e-medicine - Shortage of doctors and nurses projected
- Aging population will increase demand for
services - Urban form and health more obesity in suburbs,
majority of Americans would like to walk and
bike more
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
12- 6. Growth of Tourism
- An international growth market
- Tourism is worlds largest employer 200 million
jobs - U.S. ranked third as international tourism
destination - Expanding global middle class will increase
tourism - Weak dollar increasing visits to U.S.
- Cultural heritage tourism growing. Visitors stay
longer, spend more - Convention center space increasing, demand
limited by industry consolidations, e-business
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
13- 7. Americas Growing Debt Burden
- American debt a looming economic cloud
- National debt 30K, Mortgage debt 42K Consumer
debt 8K per capita - Nearly 33 of Americans live pay check to pay
check vs. 7 of consumers in China, India and
Mexico - In 1950, 16 workers for each social security
recipient By 2030, 2 workers for each eligible
recipient - Economic expansion of past 15 years has seen
savings rates decline from 7.5 of income to
below zero - 46 of national debt held by foreign countries
- Rising interest rates and inflation debt lack
of savings ???
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
14- 8. The Emergence of China, India and a Planetary
Middle Class - In the same way that commentators refer to the
1900s as the American Century, the 21st century
may be seen as the time when Asia, led by China
and India, comes into its own. A combination of
sustained high economic growth, expanding
military capabilities, and large populations will
be at the root of the expected rise in economic
and military power for both countries. - Mapping the Global Future,
- U.S. National Intelligence Council
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
15- 8. The Emergence of China, India and a Planetary
Middle Class - In 2005 China consumed 26 of global steel, 32
of rice, 37 of cotton and 47 of cement - 2006 construction in Shanghai Existing NYC
office market - Billionaires in China 15 in 2006,
- 106 in 2007
- U.S. outsourcing to India to quadruple by 2010
to 56B/yr. - Country with largest number of English speakers
by 2010? India - Growing global middle class creates markets for
U.S. goods - Innovation trumps brawn
- Income disparities continue to create
instability, foster terrorism
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
16- 9. Continued Advances in Technology
- Areas where technology will have the largest
impact - Health, biotechnology (genomics, bioinformatics)
- Alternative sources of energy
- Nanotechnology (engineering on a molecular scale)
- Quality of life enhancements accessing
information and entertainment through e-portals - New channels for doing business
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
17- 9. Continued Advances in Technology
- Technology and business
- Real-time anywhere wireless communications will
increase competition and open global markets - World is Flat globalization to be driven by
individuals - One billion online, 11 annual increase through
2010 - Uploading Bottom-up creation of culture,
knowledge innovation - E-commerce increasing, but less than 3 of total
retail sales - Cities compete with increasing personal mobility
and living options
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
18- 10. Environmentalism and Sustainability
-
- A rapidly urbanizing world
- Majority of planet now lives in cities
- Today 3 billion 6 billion by 2050
- Autos in China
- 1 million in 1995
- 50 million today
- 150 million by 2015
- At current growth rates, number of vehicles and
global energy consumption could more than double
by 2030
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
19- 10. Environmentalism and Sustainability
-
- A rapidly urbanizing world
- U.S. transportation system 97
- dependent on petroleum fuels
- U.S. buildings consume 36 of
- total energy, 65 of electricity
- Half of American homes projected
- by 2030 do not yet exist
- U.S. cities launching green building
- and sustainability initiatives
- Chicago, San Francisco, Seattle,
- Portland, New York City, Denver
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
20- Conclusions
- Overall, trends favorable for vibrant
communities? - America growing, younger older, more diverse
- Increasingly connected
- competitive world
- Resource-intensive lifestyles
- increasingly expensive and
- not sustainable
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
21- Conclusions
- Warning signs that could impede new investment
- Global disparities create continued instability
- American debt burden on collision course with
aging demographics and global inflationary
pressures
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
22- Implications for Littleton
- Demographics
- Welcome younger, multi-cultural populations
- Create an environment that appeals to young
women - Keep the talent pool as they age schools,
parks - Diverse price points needed for housing
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
23- Implications for Littleton
- Lifestyles
- Implement localized transit strategies
- Offer affordable accessible health care
- Offer stimulating, multi-dimensional experiences
i.e. fun - Walkability and active recreation
- Heritage tourism an opportunity?
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES
24- Implications for Littleton
- Global Competition Change
- Entrepreneurship continues to be the key to job
growth - Adaptive reuse more affordable as construction
costs rise - Localities lead sustainability efforts
GLOBAL TRENDS 2008
PROGRESSIVE URBAN MANAGEMENT ASSOCIATES