Corporate Cities

Streets, squares, villages and entire cities could become privately owned in the future. Besides the tourism sector – travel operators have bought and restored the Tuscan villages of Castelfalfi and Fighine – companies from other sectors will also acquire public places and change them to fit their purposes.

In an effort to retain skilled workers, companies will build residential buildings, schools, nurseries, hospitals and infrastructure facilities both in remote regions and in cities. Similarly, entire settlements are emerging with the support of private initiatives. Examples of this include the eco-village of Sieben Linden in Eastern Germany, the private city Liberstad in Norway and the self-named start-up village Fort Galt in Chile.

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