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

1. Personality of cities

2. Lessons from Melbourne

3. Upside for Sydney

Sydney Analysis

1. 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, MelbourneNew Office Building Melbourne CBD 2008

MEYERS PLACE

Six Degrees Bar, MelbourneActive 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