It connects and empowers communities and sub-communities.
It provides a new affordable alternative to enterprise and entrepreneurship that makes income generation accessible to more people.
It increases value for the city in a myriad of ways including
- repurposing vacant and blighted areas
- Creates beautiful assets out of former liabilities
- Generating jobs, employment and income, thereby increasing taxable revenue
- showcases local improvements in the national spotlight
- creates an infrastructure of sustainable social responsibility
But the most important role I believe an infrastructure of collaborative institutions would serve would be
a community anchor institutions
The idea of collaborative workspace as an anchor institution, allows a member’s time in the space to be a pilot program, or a transition into full-fledged entrepreneurship and small business development.
Additionally, the property value of the surrounding community will likely be more affordable and realistic for newly developed small businesses.
Steering students and recent graduates toward Collaborative Workspaces offers an alternative to a frustrating job market than may help Philadelphia develop, retain, and later, attract its educated workforce.
As revenue-generating anchor institutions these collaborative workspaces will inherently encourage and facilitate physical improvements to the immediate surrounding community, whether murals, public arts displays, or potted plants as a way to change the community image.
Foundational successes are crucial to attracting the investors and financial resources necessary to stabilize the community long-term.
Establishing this type of infrastructure, will help Realize the True Legacy of Philadelphia.