San Francisco's Multimedia Gulch has run dry.
"Walk around [South Park's] scruffy green oval that drew international attention during high tech's high times, and the main signs of change are the ones that say 'For Lease.' Or the empty vistas behind ground floor windows, such as the former restaurant where venture capitalists once closed deals. But the most striking element is more subtle -- the fact that almost none of the money flowing through South Park stuck to the place itself. Across the South of Market district that this park came to symbolize, the economic boom of the late '90s triggered few physical improvements. "
Thanks to Tom Collins
FULL STORY: After the Boom
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Economic & Planning Systems, Inc.
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research