Anchor Institutions Can Transform City’s Urban Areas

Lecturers at the Clinton School of Public Service on Monday (Nov. 6) encouraged local “anchor institutions” such as hospitals and universities to live, hire and buy locally to transform decaying urban areas into thriving neighborhoods.

During an hour-long lecture at the Little Rock-based Clinton School, called “Eds and Meds: Engaging Anchor Institutions to Stabilize and Catalyze Communities,” Alex Feldman, vice president of Philadelphia-based U3 Advisors, and Tommy Pacello, president of the Memphis Medical District Collaborative (MMDC), provided an overview of anchor strategies and lessons learned from successful efforts in other cities.

The lecture was supported by Invest Health Initiative, which is funded by the Robert Wood Johnson (RWJ) Foundation in Princeton, N.J.    MORE

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