Innovations in urban development management in the United States of America

The study examines the US territory management practices that have a great significance and provide innovative approaches to the Russian Federation in this regard. US local authorities have a priority over the federal center while making decisions on territorial management. This allows them to be flexible and adapt better to local conditions when dealing with real estate, property rules, construction standards, urban reconstruction, transport services, and fire safety to consider other opinions and engage entrepreneurs and property owners in the social and economic activities. Go to 2040 Strategy Papers for Chicago are valuable from the standpoint of its development: the instrument has two editions for professionals and citizens. This generates the urban planning policy of the authorities that is more open to interested actors. Besides, it makes their involvement in investment construction projects in the territory more attractive and transparent. The success of territory development projects in the USA is largely due to the legally defined business zones that consider both the simplified approval procedures and the system of preferences and financial benefits.