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Digital Subscriptions > Cities Today > October 2019 > Growing cities can only thrive by preserving communities

Growing cities can only thrive by preserving communities

Dr Dana Heller, Chief Strategy Officer at Colu, a technology company using a unique digital currency to strengthen cities

People are flocking to cities at an unprecedented pace. While ‘mega’ cities are growing, mid-size cities are growing even faster. Inevitably, this brings serious challenges. Cities must create job opportunities, adequate housing, proper transit solutions and more. Unsurprisingly, cities are increasingly focusing on urban regeneration projects, as a means to accommodate their growth. Too often, these projects put a strain on social resilience. Inner-city neighbourhoods and former industrial zones are being transformed from undesirable areas into locations where people want to live, work and socialise. Houses are renovated, new coffee shops established, public safety increases. A side effect is often out-migration of existing tenants, mainly among lower-income minorities, and in-migration of a wealthier population.

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