Government officials are launching lots of large initiatives related to cultural assets
Cities with vibrant cultural assets attract tourists, retail establishments, hotels, real estate developers, and appreciation from local citizens. Cultural facilities also boost a region’s economic engine. The 2002 redevelopment of Millennium Park in Chicago, for example, spurred $1.6 billion in revitalization nearby. Libraries, museums, multipurpose theaters, recreational venues, and civic centers also are key components […]