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“We Just Need The Developer To Develop”: Entrepreneurialism, Financialization And Urban Redevelopment In Lexington, Kentucky, Kevin Ward, Andrew Wood

Geography Faculty Publications

Since the 1980s US city governments have increased their use of more speculative means of financing economic redevelopment. This has involved experimenting with a variety of financial and taxation instruments as a way of growing their economies and redeveloping their built environments. This very general tendency, of course, masks how some cities have done well through the use of these instruments while others have not. The work to date has tended to pivot around a “winner-loser dichotomy”, which emphasises either the capacity of US cities to be able to experiment and speculate through the use of one financial instrument or …