What is an Innovation District?

Innovation districts are a relatively new phenomenon intended to reshape cities and promote economic growth. They work by combining the talent from anchor institutions to build partnerships across sectors, transforming cities into innovation hubs that attract new business, funding and investment and, in turn, drive the vitality of a city. “The new model is also physically compact, transit-accessible, and technically wired and offers mixed-use housing, office and retail.” *Source: Brookings Institution