In today’s environment, a “smart” city refers to a place with “green” sustainable agenda. However, this is a narrow definition, of intelligence and it often ignores many other factors, most notable upward mobility and economic progress have characterized successful cities in the past.
According to an article in Forbes, the green online test dictates that cities should emulate either places with less than dynamic economy.
In Forbes, it has been determined that smart cities are not only determined by looking at infrastructure and liveability, but also economic fundamentals.
Today’s smart cities tend to be smaller, compact and more efficient.
With the likely rise in commodity prices over the next decade, Canada seems likely to produce several successful cities.
The city that is best positioned is Calgary, Alberta.
Over the past 20 years, Calgary’s share of corporate headquarters has doubled to 15%, making this the largest percentage of main offices per capita in Canada.
With last year’s plunge in oil prices, we see that the rising demand for commodities in Asia should be able to help revive the Albertan economy by next year.
With Calgary making the charts, it is great to see that it has been recognized for being green and environmentally conscious, but also for its economic stability in terms of using the location and resources to make god business and development decisions.
Glen Chapman
Broker of Record with Club “100″ GMAC Real Estate
www.club100realestate.com
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