February’s release of the Minneapolis Creative Vitality Index (CVI) confirmed what many of us long suspected: the Twin
Cities metro area’s arts economy is one of the most vital in the nation. It’s
significant news for the city as a whole and particularly impactful for the First Ward, with its thriving local creative economy.
The Index demonstrates that the non-profit and
for-profit creative sector puts an annual average of $700 million into the
City’s economy and employs nearly 20,000 people, making up 5% of all City jobs.
The metro area arts economy as a whole came in at sixth nationally in size,
exceeded only by Washington, D.C., New York, Los Angeles, San Francisco and
Boston.
We see this
vitality in microcosm in the First Ward, with the many artists in our Arts District,
their strong organization with the Northeast Minneapolis Arts Association
(NEMAA) and signature events such as Art-A-Whirl as visible symbols of a
creative economy in action. Additionally, as many of you pointed out at our
ongoing Ward One Creative Economy forums over the past 3 years, a strong arts
economy isn't limited to the artists themselves; it spawns a host of other
industries and undertakings. Corporate Art Force, which relocated to the Arts District from Plymouth in 2010, is one such business, making connections
between artists and corporate customers seeking to acquire original art. Blu Dot is another example of a company that chose to locate in the Arts District
due to of its vitality. And there is a clear continuum of creative, productive
endeavors from formal artists to designers to prototype makers and
craftspeople, etc. co-locating in NE and driving our vibrancy and economy.
It’s an
axiom of business that if you can’t measure it, you can’t evaluate it. The CVI
is a first step in measuring our creative economy and, as such, it’s a
valuable tool for developing effective City planning and policy around arts
and culture. On a smaller scale, NEMAA has undertaken a project to measure
the economic impact of events like Art-A-Whirl on the NE community. We've always known we had something special in the First Ward; it’s good to have
numbers to back that up.
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This is the public policy forum of Ward 1 Minneapolis City Council Member Kevin Reich and his staff. We use this space to talk about some of what Kevin is working on, discuss the issues, and promote what's happening in our Eastside community. Please feel free to share and comment on posts.
Friday, March 8, 2013
Message from Council Member Kevin Reich
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