Tapping “Legacy Assets” in Post-Industrial Cities

The Inquirer has published a smart essay today about the conversion of abandoned properties to new uses, what the University of Pennsylvania’s Mark Alan Hughes and Elise Harrington call “the arbitrage of legacy assets.”  They cite the Philadelphia Navy Yard as a prime example of how tapping hidden value in underutilized or abandoned sites can … Continue reading Tapping “Legacy Assets” in Post-Industrial Cities