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Leading Urbanist Richard Florida Examines Denver’s Approach to Shared and Inclusive Prosperity

A new report released by Denver Economic Development & Opportunity highlights Denver’s position as a leading urban innovation economy, and outlines measures needed to ensure inclusive prosperity in Denver for years to come.

The report, Positioning Denver for Shared and Inclusive Prosperity, was authored by the Creative Class Group, a consulting group headed up by Richard Florida, a leading urbanist and author of The New Urban Crisis and The Rise of the Creative Class.

The report further informs the city’s approach to shared prosperity, where all residents, businesses, and neighborhoods benefit from Denver’s strong economy.

“In contrast to cities like San Francisco, Seattle, New York, or Boston, where rising inequalities have come on much faster, Denver has already begun to create a policy agenda for a broader and more-inclusive prosperity in which all residents and all neighborhoods can participate,” says Florida.

The strategies recommended in the report fall within six key pillars and align with the Mayor’s policy priorities:

  • Develop Affordable Housing
  • Connect All Neighborhoods to Prosperity
  • Promote a More-inclusive Knowledge Economy
  • Turn Low-Wage Service Jobs into Good, Family-Supporting Jobs
  • Activate and Engage Anchor Institutions
  • Foster and Deepen Collaboration

“We remain laser focused on building an economy that works for all of Denver, and these recommendations help us do that more efficiently,” said Mayor Michael B. Hancock. “Through our proposed citywide minimum wage, creation of the new Department of Housing Stability, and the Neighborhood Equity and Stabilization Team (NEST), along with other initiatives, we’re making meaningful progress that makes a difference.”