Detroit Drilldown
Columbia Heights
Profile
ABOUT SOCIAL COMPACT
Social Compact is a nonprofit, nonpartisan organization formed by coalition of business leaders from across the country committed to promoting successful investment in lower-income communities. Working in close partnership with community and corporate leaders over the past decade and a half, Social Compact has pioneered the DrillDown™, a methodology to analyze inner-city markets and create accurate, business-oriented profiles of “emerging” neighborhood markets. Drawing on business disciplines and community strength, these DrillDown profiles have a strong track record of catalyzing sustainable, private investment, benefiting communities and businesses alike.
Social Compact’s innovative research fills a void in the market: replacing outdated, deficiency-based data on lower-income communities with reliable market analysis to drive better investment decisions in underserved communities. The goal: safe and healthy neighborhoods in which to live and do business.
- socialcompact.org/news
- socialcompact.org/blog
Report Finds Detroit is Ready for New Investment
Social Compact and Detroit Economic Growth Corporation’s 2009 DrillDown Report for Detroit will serve as a foundation for comprehensive economic development strategic planning for the City of Detroit through 2012.
(DETROIT, MI, February 23) - In the face of the national recession, many of Detroit’s neighborhoods are continuing to show strong market strength for retail and other economic investment. The Social Compact 2009 DrillDown Report shows that while Detroit experienced an overall population loss, many neighborhoods remained stable or had grown slightly since the 2000 U.S. Census report. In anticipating a Census 2010 undercount, this information has allowed Detroit…
Social Compact Launches Exciting New Online Tool in Washington DC
WASHINGTON, Mar 11, 2010 (BUSINESS WIRE)—Social Compact announced today the launch of its Washington, DC-based ‘CityDNA,’ a new easy-to-use web-based system that will serve as a one-stop-shop for visualizing and analyzing local market data. CityDNA aims to help local governments, investors and community groups understand and respond to the unique market characteristics of their communities.
CityDNA is made possible through support from the Citi Foundation and marks a giant leap forward in the technical capacity available to stakeholders working toward sustainable community development in the District. “The Citi Foundation’s support of Social Compact’s…
Public-private partnerships created 1,200 jobs, 30 businesses in Columbia Heights, according to SC
More than 1,200 jobs and 30 new business have been created in Columbia Heights since 2002, the result of a public-private partnership that has helped transform a struggling inner-city community into a thriving neighborhood. And an additional 30,000 square feet of retail development is in the pipeline. These figures were reported by Social Compact, a coalition of business leaders from across the country who are promoting successful business investment in lower-income communities for the benefit of current residents.
Social Compact urges cities to review census estimate
(July 9, 2008, WASHINGTON, DC) - With hundreds of billions of dollars at stake, Social Compact President and nationally recognized expert John Talmage is urging city leaders to closely examine the annual population estimates being released by the U.S. Census Bureau on Thursday in order to ensure that their residents are being counted accurately.
According to the U.S. Census Bureau, the decennial count directly impacts the yearly allocation of more than $200 billion in federal funding to states, cities, and municipalities. “A majority of private investment decisions are based on these numbers,” Talmage noted. “For this reason, it is critical that cities take a close…
