Education-Centric Development: When Education is the Core of Urban and Regional Development
The concept of Education-Centric Development, or “urban development with education at the core,” stems from the view that education is more than just a basic service—it’s a “magnet” capable of attracting people, families, and economic activities to congregate in an area. The presence of high-quality educational institutions, whether they be schools, universities, or research institutions, can positively impact both residents’ quality of life and the surrounding real estate value.