{"id":6481,"date":"2020-01-23T13:44:26","date_gmt":"2020-01-23T18:44:26","guid":{"rendered":"http:\/\/montgomeryplanning.org\/blog-design\/?p=6481"},"modified":"2020-01-24T09:42:36","modified_gmt":"2020-01-24T14:42:36","slug":"montgomery-county-is-literally-well-positioned-for-the-future-but-will-we-take-advantage-of-the-opportunity","status":"publish","type":"post","link":"https:\/\/montgomeryplanning.org\/blog-design\/2020\/01\/montgomery-county-is-literally-well-positioned-for-the-future-but-will-we-take-advantage-of-the-opportunity\/","title":{"rendered":"Montgomery County Is (Literally) Well-Positioned for the Future &#8211; But Will We Take Advantage of the Opportunity?"},"content":{"rendered":"<p class=\"lead\"><!--<img decoding=\"async\" width=\"300\" height=\"186\" src=\"http:\/\/montgomeryplanning.org\/blog-design\/wp-content\/uploads\/2020\/01\/MD-GPD-300x186.png\" alt=\"All Counties in MD GDP\" class=\"alignnone size-medium wp-image-6500\" srcset=\"https:\/\/montgomeryplanning.org\/blog-design\/wp-content\/uploads\/2020\/01\/MD-GPD-300x186.png 300w, https:\/\/montgomeryplanning.org\/blog-design\/wp-content\/uploads\/2020\/01\/MD-GPD-1024x635.png 1024w, https:\/\/montgomeryplanning.org\/blog-design\/wp-content\/uploads\/2020\/01\/MD-GPD-768x477.png 768w, https:\/\/montgomeryplanning.org\/blog-design\/wp-content\/uploads\/2020\/01\/MD-GPD.png 1112w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span>-->Land use and transportation planning are the responsibility of local government, but economic changes at the regional, national and even global levels are forcing us to adapt to forces outside of our control \u2013 including automation, international trade, and even competition for natural resources as basic as the sand used to mix the concrete in large apartment and office buildings.<\/p>\n<p>Among the biggest changes is what some economists have called the trend toward a \u201c<a href=\"https:\/\/www.theatlantic.com\/business\/archive\/2017\/04\/richard-florida-winner-take-all-new-urban-crisis\/522630\/\">winner-take-all-economy<\/a>.\u201d This is the idea that wealth, talent and innovation are increasingly being concentrated in a small number of places, typically large metro areas anchored by cities capable of attracting people and capital from around the world. Nationally we can see this trend in the GDP of the top 25 metro areas. In 2017, these metro areas accounted for more than half of the US\u2019s $20.2 trillion GDP.<\/p>\n<div id=\"viz1579725649888\" class=\"tableauPlaceholder\" style=\"position: relative;\"><noscript><a href='#'><img alt=' ' src='https:&#47;&#47;public.tableau.com&#47;static&#47;images&#47;To&#47;Top25MetroGDP_15797241622040&#47;MetroGDP&#47;1_rss.png' style='border: none' \/><\/a><\/noscript><object class=\"tableauViz\" style=\"display: none;\" width=\"300\" height=\"150\"><param name=\"host_url\" value=\"https%3A%2F%2Fpublic.tableau.com%2F\" \/><param name=\"embed_code_version\" value=\"3\" \/><param name=\"site_root\" value=\"\" \/><param name=\"name\" value=\"Top25MetroGDP_15797241622040\/MetroGDP\" \/><param name=\"tabs\" value=\"no\" \/><param name=\"toolbar\" value=\"no\" \/><param name=\"static_image\" value=\"https:\/\/public.tableau.com\/static\/images\/To\/Top25MetroGDP_15797241622040\/MetroGDP\/1.png\" \/><param name=\"animate_transition\" value=\"yes\" \/><param name=\"display_static_image\" value=\"yes\" \/><param name=\"display_spinner\" value=\"yes\" \/><param name=\"display_overlay\" value=\"yes\" \/><param name=\"display_count\" value=\"yes\" \/><\/object><\/div>\n<p><em>Source: Bureau of Economic Analysis<\/em><br \/>\n<script type='text\/javascript'>                    var divElement = document.getElementById('viz1579725649888');                    var vizElement = divElement.getElementsByTagName('object')[0];                    vizElement.style.width='100%';vizElement.style.height=(divElement.offsetWidth*0.75)+'px';                    var scriptElement = document.createElement('script');                    scriptElement.src = 'https:\/\/public.tableau.com\/javascripts\/api\/viz_v1.js';                    vizElement.parentNode.insertBefore(scriptElement, vizElement);                <\/script><\/p>\n<div id=\"viz1579722043879\" class=\"tableauPlaceholder\" style=\"position: relative;\"><noscript><a href='#'><img alt=' ' src='https:&#47;&#47;public.tableau.com&#47;static&#47;images&#47;To&#47;Top25USGDP&#47;Top25GDPUS&#47;1_rss.png' style='border: none' \/><\/a><\/noscript><object class=\"tableauViz\" style=\"display: none;\" width=\"300\" height=\"150\"><param name=\"host_url\" value=\"https%3A%2F%2Fpublic.tableau.com%2F\" \/><param name=\"embed_code_version\" value=\"3\" \/><param name=\"site_root\" value=\"\" \/><param name=\"name\" value=\"Top25USGDP\/Top25GDPUS\" \/><param name=\"tabs\" value=\"no\" \/><param name=\"toolbar\" value=\"no\" \/><param name=\"static_image\" value=\"https:\/\/public.tableau.com\/static\/images\/To\/Top25USGDP\/Top25GDPUS\/1.png\" \/><param name=\"animate_transition\" value=\"yes\" \/><param name=\"display_static_image\" value=\"yes\" \/><param name=\"display_spinner\" value=\"yes\" \/><param name=\"display_overlay\" value=\"yes\" \/><param name=\"display_count\" value=\"yes\" \/><param name=\"filter\" value=\"publish=yes\" \/><\/object><\/div>\n<p><em>Source: Bureau of Economic Analysis<\/em><br \/>\n<script type='text\/javascript'>                    var divElement = document.getElementById('viz1579722043879');                    var vizElement = divElement.getElementsByTagName('object')[0];                    vizElement.style.width='100%';vizElement.style.height=(divElement.offsetWidth*0.75)+'px';                    var scriptElement = document.createElement('script');                    scriptElement.src = 'https:\/\/public.tableau.com\/javascripts\/api\/viz_v1.js';                    vizElement.parentNode.insertBefore(scriptElement, vizElement);                <\/script><\/p>\n<p>The winners in this group include the DC metropolitan area, which covers Montgomery County as well as the other close-in suburbs of Washington such as Fairfax, Prince George\u2019s, and Arlington. A recent study by McKinsey, a leading management consulting firm, found that these metros were responsible for <em>all<\/em> of the net job growth in the country since the economic meltdown of 2008.<\/p>\n<p>Each metro area has its own winners and losers. In Maryland, for example, Montgomery County really is the economic engine, generating 25 percent of the state\u2019s economic output. Baltimore City ranks a distant second with just 15 percent.<\/p>\n<p>&nbsp;<\/p>\n<div id=\"viz1579720073800\" class=\"tableauPlaceholder\" style=\"position: relative;\"><noscript><a href='#'><img alt=' ' src='https:&#47;&#47;public.tableau.com&#47;static&#47;images&#47;MD&#47;MDGDP&#47;MDGDP&#47;1_rss.png' style='border: none' \/><\/a><\/noscript><object class=\"tableauViz\" style=\"display: none;\" width=\"300\" height=\"150\"><param name=\"host_url\" value=\"https%3A%2F%2Fpublic.tableau.com%2F\" \/><param name=\"embed_code_version\" value=\"3\" \/><param name=\"site_root\" value=\"\" \/><param name=\"name\" value=\"MDGDP\/MDGDP\" \/><param name=\"tabs\" value=\"no\" \/><param name=\"toolbar\" value=\"no\" \/><param name=\"static_image\" value=\"https:\/\/public.tableau.com\/static\/images\/MD\/MDGDP\/MDGDP\/1.png\" \/><param name=\"animate_transition\" value=\"yes\" \/><param name=\"display_static_image\" value=\"yes\" \/><param name=\"display_spinner\" value=\"yes\" \/><param name=\"display_overlay\" value=\"yes\" \/><param name=\"display_count\" value=\"yes\" \/><param name=\"filter\" value=\"publish=yes\" \/><\/object><\/div>\n<p><em>Source: Bureau of Economic Analysis<\/em><br \/>\n<script type='text\/javascript'>                    var divElement = document.getElementById('viz1579720073800');                    var vizElement = divElement.getElementsByTagName('object')[0];                    vizElement.style.width='100%';vizElement.style.height=(divElement.offsetWidth*0.75)+'px';                    var scriptElement = document.createElement('script');                    scriptElement.src = 'https:\/\/public.tableau.com\/javascripts\/api\/viz_v1.js';                    vizElement.parentNode.insertBefore(scriptElement, vizElement);                <\/script><\/p>\n<p>&nbsp;<\/p>\n<p>The picture in the DMV, however, looks a little different. Montgomery is in third place behind the District of Columbia and Fairfax\/Falls Church\/Fairfax City.<\/p>\n<div id=\"viz1579723598414\" class=\"tableauPlaceholder\" style=\"position: relative;\"><noscript><a href='#'><img alt=' ' src='https:&#47;&#47;public.tableau.com&#47;static&#47;images&#47;DC&#47;DCMetroGDP&#47;DCMetroGDP&#47;1_rss.png' style='border: none' \/><\/a><\/noscript><object class=\"tableauViz\" style=\"display: none;\" width=\"300\" height=\"150\"><param name=\"host_url\" value=\"https%3A%2F%2Fpublic.tableau.com%2F\" \/><param name=\"embed_code_version\" value=\"3\" \/><param name=\"site_root\" value=\"\" \/><param name=\"name\" value=\"DCMetroGDP\/DCMetroGDP\" \/><param name=\"tabs\" value=\"no\" \/><param name=\"toolbar\" value=\"no\" \/><param name=\"static_image\" value=\"https:\/\/public.tableau.com\/static\/images\/DC\/DCMetroGDP\/DCMetroGDP\/1.png\" \/><param name=\"animate_transition\" value=\"yes\" \/><param name=\"display_static_image\" value=\"yes\" \/><param name=\"display_spinner\" value=\"yes\" \/><param name=\"display_overlay\" value=\"yes\" \/><param name=\"display_count\" value=\"yes\" \/><param name=\"filter\" value=\"publish=yes\" \/><\/object><\/div>\n<p>* Falls Church City and Fairfax City are incorporated in Fairfax County, VA. Manassas City and Manassas park are incorporated into Prince William County, VA.<br \/>\n<em>Source: Bureau of Economic Analysis<\/em><br \/>\n<script type='text\/javascript'>                    var divElement = document.getElementById('viz1579723598414');                    var vizElement = divElement.getElementsByTagName('object')[0];                    vizElement.style.width='100%';vizElement.style.height=(divElement.offsetWidth*0.75)+'px';                    var scriptElement = document.createElement('script');                    scriptElement.src = 'https:\/\/public.tableau.com\/javascripts\/api\/viz_v1.js';                    vizElement.parentNode.insertBefore(scriptElement, vizElement);                <\/script><br \/>\nMontgomery County is <a href=\"https:\/\/montgomeryplanning.org\/blog-design\/2018\/07\/montgomery-countys-economy-the-good-the-bad-and-the-future\/\">more than just a bedroom community<\/a>, and I think <a href=\"https:\/\/www.washingtonpost.com\/local\/maryland-news\/northern-virginias-economic-growth-risks-leaving-maryland-suburbs-behind\/2020\/01\/04\/9c6e7126-1cf5-11ea-b4c1-fd0d91b60d9e_story.html\">reports of our economic weakness are overstated<\/a>, but this graph shows we need to focus on our economic role \u2013 and our competitiveness \u2013 with the region. It\u2019s clear that the Silver Line gave the area around Tysons a shot in the arm, and while Amazon\u2019s decision to locate its second headquarters in Arlington is good for the entire region, we want to make sure we are attracting the best jobs \u2013 not just the warehouses, fulfillment centers, and back office functions for employers who are growing in the region.<\/p>\n<p>The central challenge<em>\u2014<\/em>as we begin looking at the General Plan<em>\u2014<\/em>is to set the right land use, housing and transportation policies to keep winning new employers and employees. As the Amazon HQ2 and the Marriott relocation from Rock Spring to Bethesda demonstrated, employers want to be where employees want to be, and that increasingly means places that are walkable (and ideally have access to high quality transit) have a mix of uses (to support activities during the evening as well as during the work day), and are planned with attention to design.<\/p>\n<p>Another essential element of attracting the workforce that will attract employers is housing. Virginia\u2019s <a href=\"https:\/\/www.washingtonpost.com\/business\/2019\/06\/13\/amazons-hq-is-already-making-arlingtons-housing-prices-skyrocket\/\">real estate market<\/a> is already skyrocketing in anticipation of Amazon\u2019s influx of jobs. Some of the bump may be the product of speculative excess, but at least part of the price spike is likely to last. Montgomery is in some ways well positioned to compete for residents and jobs post-HQ2 due to our excellent schools, parks, and other services. The key will be ensuring that we have affordable options and a variety of housing at all income levels. That means more \u201cmissing middle\u201d housing options, such as duplexes and triplexes, more housing in walkable neighborhoods, and investments in transit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"lead\">Land use and transportation planning are the responsibility of local government, but economic changes at the regional, national and even global levels are forcing us to adapt to forces outside of our control \u2013 including automation, international trade, and even competition for natural resources as basic as the sand used to mix the concrete in large apartment and office buildings.<\/p>\n<p>Among the biggest changes is what some economists have called the trend toward a \u201cwinner-take-all-economy.\u201d This is the idea that wealth, talent and innovation are increasingly being concentrated in a small number of places, typically large metro areas anchored by cities capable of attracting people and capital from around the world. Nationally we can see this trend in the &#8230; <a href=\"https:\/\/montgomeryplanning.org\/blog-design\/2020\/01\/montgomery-county-is-literally-well-positioned-for-the-future-but-will-we-take-advantage-of-the-opportunity\/\" class=\"read-more\">Continue reading<\/a><\/p>\n","protected":false},"author":31,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[519],"tags":[],"class_list":["post-6481","post","type-post","status-publish","format-standard","hentry","category-research"],"_links":{"self":[{"href":"https:\/\/montgomeryplanning.org\/blog-design\/wp-json\/wp\/v2\/posts\/6481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/montgomeryplanning.org\/blog-design\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/montgomeryplanning.org\/blog-design\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/montgomeryplanning.org\/blog-design\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/montgomeryplanning.org\/blog-design\/wp-json\/wp\/v2\/comments?post=6481"}],"version-history":[{"count":16,"href":"https:\/\/montgomeryplanning.org\/blog-design\/wp-json\/wp\/v2\/posts\/6481\/revisions"}],"predecessor-version":[{"id":6504,"href":"https:\/\/montgomeryplanning.org\/blog-design\/wp-json\/wp\/v2\/posts\/6481\/revisions\/6504"}],"wp:attachment":[{"href":"https:\/\/montgomeryplanning.org\/blog-design\/wp-json\/wp\/v2\/media?parent=6481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/montgomeryplanning.org\/blog-design\/wp-json\/wp\/v2\/categories?post=6481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/montgomeryplanning.org\/blog-design\/wp-json\/wp\/v2\/tags?post=6481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}