Summary: Urban development projects revive communities by bringing an influx of new jobs to areas in need, supporting crucial infrastructure projects and establishing a sense of community. But these remarkable developments take years to get off the ground and face significant logistical hurdles. Is there a solution to overcoming the perceived costs and risks of taking on such projects? In this episode of Access & Opportunity, Carla Harris talks with Hope Knight, President & CEO of the Greater Jamaica Development Corporation about how strategic partnerships can turn dream urban development projects into reality. Strategic partnerships bring public, private and nonprofit organizations together to promote change and to diminish the burdens traditionally associated with such projects. Hope walks us through the key steps of a successful strategic partnership in an urban and economic development project and shows us how these partnerships help communities, investors and entrepreneurs alike. The guest speakers are neither employees nor affiliated with Morgan Stanley & Co. LLC. (“Morgan Stanley”). The views and opinions expressed herein do not necessarily reflect those of Morgan Stanley. The information and figures contained herein has been obtained from sources outside of Morgan Stanley and Morgan Stanley makes no representations or guarantees as to the accuracy or completeness of information or data from sources outside of Morgan Stanley. Morgan Stanley is not responsible for the information or data contained in this podcast. This podcast does not provide individually tailored investment advice and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. © 2018 Morgan Stanley & Co. LLC, Members SIPC.
