Upside of Downturns

“ You never want a serious crisis to go to waste” Rahm Emanuel Obama’s Chief of Staff

“ Opportunity to do things you think you could not do before. Long term problems become immediate” “ You never want a serious crisis to go to waste” Rahm Emanuel Obama’s Chief of Staff

Sydney Analysis Creativity, Cities and a Crisis/ Downturn Personality of cities Lessons from Melbourne Upside for Sydney

Creativity, Cities and a Crisis/ Downturn

Personality of cities

Lessons from Melbourne

Upside for Sydney

Sydney Analysis Personality of cities

Personality of cities

Sydney Analysis Personality Beijing Shanghai Guangzhou (+ Theme Parks)

Sydney Analysis Shaped by Siblings Brisbane (+ Theme Parks) Sydney Melbourne

Sydney Analysis Sydney’s Personality Beautiful Rich Loves a party

Sydney Analysis GFC- Crisis Party’s Over Don’t waste the crisis

Sydney Analysis 2. Lessons from Melbourne

Melbourne – Grids and Greenery Image 1987

The Age- Mid 1980’s

streets = 80% Melbourne – State Gov Focus on City Centre for Specialist Retail Build to edge of block, 50% of street front small scale retail

Melbourne recession – low rent – Got funky (Jane Jacobs) Busy café lanes and hidden bar lanes

Jane Jacobs – New things happen in low rent areas

MEYERS PLACE Six Degrees Bar, Melbourne Meyers Place 1994 Active Edges- 1 shopfront, 1 restaurant, empty office, carpark

MEYERS PLACE Six Degrees Bar, Melbourne New Office Building Melbourne CBD 2008

MEYERS PLACE Six Degrees Bar, Melbourne Active Edges- 80%, New Laneway at rear Continued Increase of Supply of Fine Grain Space

Melbourne Additional Infrastructure Projects

Sydney Analysis 3. Upside for Sydney – Agenda? Go With Strengths : Diversity, $ & Environment Take on The Big Challenge- Climate Change Go West, Get Dense, Green Economy

City of Cities

Go West

Go West

Get Dense

Not Paris

Tokyo

New Financial Community Model: Carbon Budget per person- if you don’t use it you can sell it

Upside of Downturns