Here are some of the ways that Fourth Economy has helped to foster action:
Reforming Land Use Systems
The City of Pittsburgh and its Urban Redevelopment Authority (URA) recognized that their ineffective system to acquire and sell vacant, tax-delinquent property was leading to increased blight and decreasing tax revenues. They asked Fourth Economy to help them document the process, gather and analyze relevant data, make recommendations, and model the costs and revenues associated with improving the system. By embedding us as part of their team, the URA enabled Fourth Economy to get to a level of detail that enabled immediate changes to the system.
Providing Independent Evaluation of Development Impacts
South Fayette Township was faced with two competing impact analyses for a new development – one from the developer and one from the school district. They asked Fourth Economy to help evaluate the merits of both analyses and conduct our own independent analysis to provide them with the information they needed about potential tax and fiscal impacts. Using our analysis, the Township decided to move forward with zoning updates in favor of the development.DOWNLOAD THE REPORT
Identifying and Developing New Clusters
To explore the feasibility of growing RI’s edtech sector, and provide EduvateRI with a strategy for doing so, Fourth Economy interviewed 30 local and national stakeholders (including edtech companies), researched other edtech strategies and education innovation cluster efforts, and conducted research to determine the size of the market opportunity. Based on that, Fourth Economy developed 18 strategies, each with detailed information on how to implement them, that EduvateRI and their partners could undertake to grow the edtech economy in Rhode Island.DOWNLOAD THE REPORT