Recent Examples
CBAs have been negotiated for numerous projects. The most well known CBA is likely the Los Angeles Staples Center CBA, which has generally been viewed as a success. Other projects that have had CBAs include the Dearborn Street Goodwill project in Seattle, the Consol Energy Center arena (for the Penguins hockey team) in Pittsburgh, San Francisco's Bayview-Hunters Point residential development, the Gates-Cherokee redevelopment project in Denver, and the Ballpark Village development in San Diego.
The "CBAs" of some recent projects have not been accepted as legitimate CBAs by advocates of the community benefits movement. For example, the "CBA" for the new Yankee Stadium has not been considered to be a "true" CBA because it was negotiated by elected officials, not community groups. The agreement did include significant community benefits such as $28,000,000 in grants and free tickets for local organizations. However, the CBA has not been smoothly implemented. In 2009, the former administer the community fund sued the Yankees' community charity, claiming that the fund had been mismanaged.
In preparation of the 2010 Winter Olympics, the city of Vancouver, Canada, awarded a contract to Millennium Development Corporation to build its 600,000-square-foot (56,000 m2), 600-unit athletes' village on south east False Creek. This development included a CBA with targets to create 100 jobs for locally sourced and trained inner city residents and to procure a targeted $15 million in goods and services from the inner city. It also included a $750,00 legacy fund to train inner city residents. The CBA included investment and support from the Canadian Federal Government, BC Provincial Government, the City of Vancouver and Building Opportunities with Business Inner-City Society Building Opportunities with Business (a community economic development non-profit also known as BOB) these parties collectively are recognized under the Vancouver Agreement. The CBA also received support from Bell, VanCity, the Canadian Housing and Mortgage Corporation and the Vancouver Regional Construction Association. Building Opportunities with Business oversaw the use of the legacy funds, sourced labor and supported the inner city residents with training and aid while the VRCA oversaw the training of residents. Though the Olympic Village was widely criticized for going over budget, in a 2008 report to the City prepared by BOB the creation of 120 jobs with procurement closer to $50 million is cited. The report also admits that tracking the actual economic activity from the development was difficult and that the procurement is not exact. Regardless of the difficulty tracking procurement and the fact that the project went over budget the CBA is widely considered to be a success.
An updated examination into past, current, and future CBAs, can be found in this summary.
Read more about this topic: Community Benefits Agreement
Famous quotes containing the word examples:
“In the examples that I here bring in of what I have [read], heard, done or said, I have refrained from daring to alter even the smallest and most indifferent circumstances. My conscience falsifies not an iota; for my knowledge I cannot answer.”
—Michel de Montaigne (1533–1592)
“Histories are more full of examples of the fidelity of dogs than of friends.”
—Alexander Pope (1688–1744)