Press Releases

Downtown vitality relies on competition, not regulation

(Boonton, NJ, July 15, 2006) — While well intentioned, regulatory approaches which mandate active retail uses downtown are ineffective and can cause long-term damage to a business district.

In the August 15 issue of Downtown Idea Exchange newsletter, Brad Segal, president of Progressive Urban Management Associates, explains the pitfalls of regulating the way to an optimum retail mix, and shows how a market-driven approach can better meet the goals of a balanced and vital business district.

The full text of the article is online at http://www.DowntownDevelopment.com/perspectives.php.

About Downtown Idea Exchange

Downtown Idea Exchange newsletter reports on downtown problems and solutions in an effort to provide a focus for revitalizing our cities.

Website: http://www.DowntownDevelopment.com