Monday, July 16, 2007

Greensboro's Downtown: More Residents, Fewer Jobs

In recent years, the revitalization of Greensboro's downtown has produced some impressive numbers: $265 million in new construction and renovations, about 50 new restaurants and entertainment venues and 275 new residential units, with another 285 planned. But those developments haven't translated into more jobs. Just more residents. Between 2000 and 2006, employment downtown lost more than 700 jobs, a decline of 3.6 percent.

Read more here.

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