Latest news with #Arvelisse Bonilla Ramos
Bloomberg
05-08-2025
- Automotive
- Bloomberg
Cambridge is Getting Bumpier on Purpose
As federal funding and support for urban traffic safety become less available in the US, cities might consider a modest alternative: the speed hump. Cambridge, Massachusetts, for example, is installing speed humps for the first time as part of a pivot toward quicker fixes. The change comes after years of resident demand. Unlike other safety measures, speed humps often garner public support and tend to satisfy NIMBY sentiments by protecting residents without drastically altering the surroundings. And a modest decrease in speed can have an outsized impact on safety by both reducing crashes and making them less deadly, writes David Zipper. While they represent a rare win-win in policy, their adoption can face challenges in some cities. Today on CityLab: — Arvelisse Bonilla Ramos
Bloomberg
22-07-2025
- Business
- Bloomberg
Salt Lake City Bets on Olympics to Spur Economic Overhaul
Salt Lake City is betting on the 2034 Winter Olympics to jumpstart a lasting economic transformation. Local governments and agencies issued more than $4 billion of municipal bonds this year, fueling a surge of development across the city, including an overhaul of its sports and entertainment arena, the Delta Center, and the area surrounding it. Some economists, however, question the long-term benefits of hosting the games, decrying potential gains as 'exaggerated' or, worse, 'nonexistent.' While investment is rolling in to boost tourism, Utah's housing shortage stands to constrain the region's economic growth. There are just 30 affordable and available homes for every 100 'extremely low-income' renter households statewide, and in Salt Lake City, the median home price has surpassed half a million dollars, putting homeownership out of reach for most residents, Arvelisse Bonilla Ramos reports. Today on CityLab:
