How Kannapolis, North Carolina got built, incubated a multi-billion dollar retailer, died in a 1980's corporate takeover, and found new life as an R&D center
Another great post, Zach! Ciudad Morazán has the advantages of a company town in retaining ownership of the land, avoiding destructive regulations like zoning laws, and (as a for-profit company) being subject to market discipline. It avoids the main disadvantage because it can attract a variety of industries with its location near a major port and its low regulatory burden. Before the political uncertainty brought construction to a standstill, there were industrial tenants attracted to the ease of doing business, and residential tenants (especially blue-collar workers) attracted to the safety and quality of life.
Another great post, Zach! Ciudad Morazán has the advantages of a company town in retaining ownership of the land, avoiding destructive regulations like zoning laws, and (as a for-profit company) being subject to market discipline. It avoids the main disadvantage because it can attract a variety of industries with its location near a major port and its low regulatory burden. Before the political uncertainty brought construction to a standstill, there were industrial tenants attracted to the ease of doing business, and residential tenants (especially blue-collar workers) attracted to the safety and quality of life.
Totally agree. I think it might be as "simple" as an anchor tenant who isn't the city-building company itself.