Decision Rules: New city vs. Retrofit/Expansion

By Bryan Mezue

An important debate in our class has centered on the relative benefits of building new cities up from the ground up versus retrofitting old cities for growth. It is clear that we have no choice but to do one of the above to accommodate for the great urbanization trend, especially in the developing world. I do not think one model is always right. Instead, this blog post seeks to propose a theory of decision-making to support a choice between the models. I believe the choice should come down to an assessment of three key factors. Continue reading