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Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development University of Wisconsin-Extension

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Page 1: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Placemaking 101 & Millennials

Greg Wise a nd Kr i st in Runge

Com m uni ty Deve lop m ent S p ec ia l i s t s

Cente r for Com m u n i ty a n d Econ om ic Deve lop m ent

Un ivers i ty o f Wiscon s in - Ex ten s ion

Page 2: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

What is placemaking? If you are a planner or designer, it is about physical redevelopment. If you are an economic developer, it is about economic restructuring. If you are a social worker, it is about healthy living and social justice. If you are a marketing specialist, it is about branding. If you are community organizer, it is about visioning and consensus about the future.

Page 3: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

What is placemaking? If you are a planner or designer, it is about physical redevelopment.

If you are an economic developer, it is about economic restructuring.

If you are a social worker, it is about healthy living and social justice.

If you are a marketing specialist, it is about branding.

If you are community organizer, it is about visioning and consensus about the future.

It’s all the above…and more!

Page 4: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

What is placemaking? Placemaking is an approach to planning, design, economic development, community marketing, promoting quality of life, and creating a shared future for our place.

Placemaking builds on a community’s assets.

Placemaking responds to a community’s aspirations.

Placemaking promotes a quality of life that appeals to residents and visitors.

Placemaking focuses on shared (public) spaces and assets.

Page 5: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

What is placemaking? It is both a process (discovering what we want) and it is a product (actions for achieving what we want).

The Project for Public Spaces (PPS) talks about it this way: “With community-based participation at its center, an effective Placemaking process capitalizes on a local community’s assets, inspiration, and potential, and it results in the creation of quality public spaces that contribute to people’s health, happiness, and well being.”

Page 6: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

What is placemaking? 1000 Friends of Wisconsin remind us that

“the task of Placemaking (is) to create a common vision of that place that is unique to its circumstances and people, and then implement that vision using people-scale, cost effective, doable improvements that can make an immediate impact.”

Page 7: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Millennials Kr ist in R unge , M . S . PhD. Ca nd idate

Com m uni ty M a r ket in g S p ec ia l i s t

Cente r for Com m u n i ty & Econ omic Deve lop ment k r i st in . r unge@ces .u wex .edu ; Tw i tter @ R u n geKr i st in

Page 8: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

1977-1994

21 to 38 years old in 2015 …

… 36 to 53 years old in 2030

Igeneration (8-20) 17%

Emerging (<8) 10%

Swing (70+) 10%

Boomers (51-69) 23%

Gen X (39-50) 15%

Millennials (21-38) 25%

Page 9: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Well Educated

Bonetto, L. (2015). Marketing to Millennials-US. Mintel Academic: Mintel Oxygen.

23.9 22.6 18.3

14

11.5 12.3 12.3

10.3

0

5

10

15

20

25

30

35

40

Millennials Generation X Baby Boomer Swing/WWII

Percent Generation with Bachelor or Graduate Degree

Bachelor’s degree Graduate/ professional degree

Page 10: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Racially Diverse

Bonetto, L. (2015). Marketing to Millennials-US. Mintel Academic: Mintel Oxygen.

71.9 73.7 74.6 77.1 81.4 85.9 77.3

White Black Asian Other

Page 11: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Life Stage Effects Defined: Variations that depend on the age of individuals

Page 12: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Within the next 5 years … Financial Goals Bonetto, L. (2015). Marketing to Millennials-US. Mintel Academic: Mintel Oxygen

43

39

34

40

41

32

0 10 20 30 40 50 60 70 80 90 100

Manage time better

Debt-free / Repair credit

Buy Big Ticket Item

Older Millennials (28-37) Younger Millennials (20-27)

Page 13: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Within the next 5 years … Career Goals Bonetto, L. (2015). Marketing to Millennials-US. Mintel Academic: Mintel Oxygen

36

23

28

12

26

26

21

20

0 20 40 60 80 100

Change career/job

Get a promotion

Back to school

Own a business

Older Millennials (28-37) Younger Millennials (20-27)

Page 14: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Within the next 5 years … Family Goals Bonetto, L. (2015). Marketing to Millennials-US. Mintel Academic: Mintel Oxygen

37

24

37

25

0 20 40 60 80 100

Improve relationships

Have a child

Older Millennials (28-37) Younger Millennials (20-27)

Page 15: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Within the next 5 years … Family Goals Bonetto, L. (2015). Marketing to Millennials-US. Mintel Academic: Mintel Oxygen

59

48

28

55

47

20

0 20 40 60 80 100

Live a healthier lifestyle

Travel

Impact my community positively

Older Millennials (28-37) Younger Millennials (20-27)

Page 16: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Cohort Effects Defined: Variations that are explained, at least in part, on the t ime period in which a group l ives or comes of age

Page 17: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Millennials marry later

Taylor, P., Doherty, C., Parker, K., & Krishnamurthy, V. (2014). Millennials in adulthood: Detached from institutions, networked with friends. Pew Research Center.

29 years 26 years

Page 18: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Millennials marry later

26%

36%

48%

65%

Married between age 18 and 32

Taylor, P., Doherty, C., Parker, K., & Krishnamurthy, V. (2014). Millennials in adulthood: Detached from institutions, networked with friends. Pew Research Center.

Page 19: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

The Great Recession Hit

Millennials Harder

Real median income in 2014 dollars declined 11.2 percent, from a peak of $61,056 in 2000 to $54,243 in 2014, for workers between 25 and 34 years.

Short, D. (2015) Median household incomes by age bracket: 1967-2014.

Page 20: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Compared to other

generations at their age …

• Less likely to change jobs • Less likely to invest in stock market • Carry higher amounts of student debt • May have an average retirement age of 73

Page 21: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Compared to other

generations at their age …

Page 22: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Compared to other

generations at their age …

Page 23: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Is this bad for society?

5

22

10

31

14

44

26

58

MORE PEOPLE OF DIFFERENT RACES MARRYING ONE

ANOTHER

MORE PEOPLE LIVING TOGETHER WITHOUT

GETTING MARRIED

Millennials Gen X Boomers Swing

Percent of respondents in each generation answering “Yes” to the question “Is this bad for society?”

Bonetto, L. (2015). Marketing to Millennials-US. Mintel Academic: Mintel Oxygen.

Page 24: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Is this bad for society?

Percent of respondents in each generation answering “Yes” to the question “Is this bad for society?”

Bonetto, L. (2015). Marketing to Millennials-US. Mintel Academic: Mintel Oxygen.

23

32

59

29 36

54

39

48

65

38

55

72

MORE MOTHERS OF YOUNG CHILDREN

WORKING OUTSIDE THE HOME

MORE SAME-SEX COUPLES RAISING

CHILDREN

MORE SINGLE WOMENT DECIDING TO HAVE CHILDREN

Millennials Gen X Boomers Swing

Page 25: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Millennial women are more likely to have children at home than Millennial men

Bonetto, L. (2015). Marketing to Millennials-US. Mintel Academic: Mintel Oxygen.

38

20 19

10

56

41

26 19

CHILDREN < 18 (ALL)

CHILDREN <5 CHILDREN 6-11 CHILDREN 12-17

Men 25-35 Women 25-35

Page 26: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Media Use

Page 27: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Television? Not so much …

Nielson. (2015). Total audience report Q1 2015. Advertising Age Fact Pack: Consumers on the Go.

36.07

21.55

33.05

47.24

All Adults 18-34 35-49 50+

Weekly Hours Spent Watching Television

Page 28: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Less radio than other

generations … 12.58

11.05

13.39 13.5

All Adults 18-34 35-49 50+

Weekly Hours Spent Listening to Radio

Nielson. (2015). Total audience report Q1 2015. Advertising Age Fact Pack: Consumers on the Go.

Page 29: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Less time on personal

computers … 5.34

5.04

6.58

5.05

All Adults 18-34 35-49 50+

Weekly Hours Spent Using PC

Nielson. (2015). Total audience report Q1 2015. Advertising Age Fact Pack: Consumers on the Go.

Page 30: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

More time on smartphones …

7.17

9.53

8.52

4.37

All Adults 18-34 35-49 50+

Weekly Hours Spent Using Smartphone

Nielson. (2015). Total audience report Q1 2015. Advertising Age Fact Pack: Consumers on the Go.

Page 31: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Questions and Discussion

Page 32: Placemaking 101 & Millennials...Placemaking 101 & Millennials Greg Wise and Kristin Runge Community Development Specialists Center for Community and Economic Development . University

Reach Us At:

Contact the UW-Extension Center for Community and Economic Development ◦ Kristin Runge; 608-263-1432; [email protected] Twitter: @RungeKristin

◦ Greg Wise; 608-263-7804; [email protected]

Contact the UW-Extension Sauk County Office ◦ Jenny Erickson; 608-355-3250; [email protected]