The Golden Promise

Most sports economists dismiss the idea that new stadiums boost local economies, but there are reasons to think the Golden 1 Center could be different

When Oleg Kaganovich was growing up in Michigan in the 1980s and early ’90s, his city of Grand Rapids was suffering the doughnut effect then typical of downtowns everywhere: Shoppers and residents were fleeing for the suburbs. By 1990, fewer than one in 10 residents shopped regularly downtown, a drop from about one in three in the early 1960s, according to a local newspaper.

Sep 6, 2016 Steven Yoder
This rendering shows what the Green Screen Institute in Nevada City will look like. (Photo courtesy NCERC)

Virtual Investment, Real Growth

Nevada County incubator builds on region’s video technology legacy

On New Mohawk Road in Nevada City, the 27,000-square-foot facility has three components: a training academy, business accelerator and coworking lab for established companies. The academy will include classes that can last from a weekend to up to six months. The Green Screen Institute will hire industry experts on a contract basis to teach the classes. The idea is to develop the workforce needed for the influx of virtual reality and augmented reality companies.

Jul 20, 2016 Russell Nichols