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Where Are the Next Cities?| young knowledge workers, Next Generation Consulting, NGC | ... - 0 views

  • What is a Next City™? Next Cities™ are places with the assets and amenities that attract and retain a young, educated work force. They have bustling city centers, walkable neighborhoods, diverse career opportunities, and vibrant art and music scenes. In 2008, NGC surveyed young professionals in eight cities. These interviews and focus groups with members of the next generation revealed that they choose where to live based on the following seven indexes, listed in order of importance:1. Cost of Lifestyle: Young professionals are just getting started in their careers, and affordability is key. This index includes variables in the national cost of living index, which encompasses a roof over head, food on the table, clothes on the back, and a warm bed at night. 2. Earning: High school guidance counselors tell students that they’ll have between nine and eleven careers in their lifetime. The earning index measures the diversity of employment opportunities, the percentage of jobs in the knowledge-based sector, and average household income.
  • 3. Vitality: How “healthy” is a city? This index measures air and water quality, green space, and a city’s overall health (e.g., obesity, life expectancy, etc.). 4. After Hours: There’s more to life than work. This index counts the places to go and things to do after work and on weekends. 5. Learning: Is the city committed to high quality education for all of its citizens? This index includes measurements related to educational opportunities and expenditures, educational attainment, and accessibility of Wi-Fi hotspots. 6. Around Town: How easy is it to get to where you want to go in a city? This index measures a city’s walkability, airport activity, commute times, and mass transit opportunities. 7. Social Capital: Great talent comes in every race, creed, and color. This index accounts for how open, safe, and accessible your city is to all people. It includes measures of diversity, crime rates, and civic engagement (e.g., voter participation, volunteerism). Jane Jacobs actually coined the phrase “social capital” in The Death and Life of Great American Cities.
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