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GreenYes Colleagues, A fascinating book by Storm Cunningham, The Restoration Economy, provides insights into a vast global economy focused on restoring both the built and natural environments. Cunningham speaks at The Commonwealth Club in San Francisco at 6:00 p.m. Web sites listed at the end of the news release may be of interest regarding the Revitalization Institute, Storm's book and public speaking. Lance King Community Solutions ______________________________________________________________________ Revitalization Institute Canal Center Plaza, Suite 300, Alexandria, VA 22314 USA 703-706-4780 www.RevitalizationInstitute.org ______________________________________________________________________ NEWS RELEASE November 9, 2004 Contacts: Storm Cunningham, Executive Director, 703.626.5155 (cell) & 703.706.4780; Lance King, Consultant, 703.536.7282 'Restoration' Is Fast Becoming Dominant Form of Development-Investment Approaching $2 Trillion A Year Worldwide San Francisco Seen as a Leader, Expert Will Tell Commonwealth Club SAN FRANCISCO (November 9, 2004) - Communities around the world are revitalizing economies by restoring the natural and built environments, a leading expert will tell The Commonwealth Club (5:30 p.m.-- 595 Market St, 2nd Floor) today . Recognized as one of the world's foremost experts in his field, author Storm Cunningham revealed in The Restoration Economy the previously undocumented trillion-dollar global industries that are restoring our natural and manmade environments. Cunningham estimates that almost $2 trillion annually are being spent restoring our ecosystems, watersheds, fisheries, agricultural lands, brownfields, infrastructure, heritage, and disaster or war damage. Founder and executive director of the Revitalization Institute, based in Alexandria, Virginia, Cunningham is a highly sought after speaker, addressing leaders in business, government, institutions of higher education, and non-governmental organizations. "After the Loma Prieta Earthquake in 1989, San Francisco snatched an opportunity from disaster, by restoring and redeveloping the Embarcadero waterfront. By planning restoration of the historic ferry building, removing the old freeway and rehabilitating land to build the new stadium for the San Francisco Giants downtown, the city landscape was revitalized," Cunningham said. "Now, cities like Seattle and Toronto are studying the lessons learned in San Francisco. The Nisqually Earthquake in 2001 caused an estimated $1.5 billion in damage in the Seattle-Tacoma area. Civic leaders from government, business and non-governmental organizations hope to benefit from what San Francisco has done. They are considering removing the Alaskan Way Viaduct, which is blocking redevelopment of their waterfront," Cunningham said. - More - Revitalization Institute - News Release - San Francisco, November 9, 2004 Page 2 "In Toronto, some people are 'praying for an earthquake' to hit the Gardiner Expressway, which is similarly impeding waterfront revitalization. Speaking there last month, I found people who responded enthusiastically to the lessons to be learned from San Francisco. But you don't have to wait for a disaster to strike," he said. There are three modes of the development lifecycle described by Cunningham in his presentation at the Commonwealth Club. Mature civilizations stand on three legs: · New Development; · Maintenance/Conservation; and, · Restorative Development. "For the first time in human history, restorative development is becoming dominant," he said. "The San Francisco Bay Area is a leader in restoration of natural resources as well, from wetlands restoration in the South Bay where Cargill operated its salt business to Hamilton Field, the former Air Force Base, in Marin County. Frankly, the examples are too numerous to do more than highlight a few today," Cunningham said. Cunningham's presentation highlights major restoration projects in Europe, the Middle East, the United States, Central America and East Asia in 8 distinct sectors of the natural and built environment. He sees most successful projects involving three or more sectors, such as revitalization of the Embarcadero waterfront-infrastructure (freeway removal), historic preservation and restoration (Ferry Building), clean-up of pollution (SBC park site for Giants stadium and the adjacent polluted water). For additional information, visit us on the Internet at: www.RevitalizationInstitute.org, www.stormcunningham.com (public speaking), and www.restorationeconomy.com (book). ### |
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