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Founded by Rich Bendis

Homes in Kensington, one of London's most expensive neighborhoods. (Flickr/Klovovi)

More than half the world lives in cities, and that figure is likely to increase to 60 percent by 2030, adding 1.4 billion more people than today. The rush to urban centers, particularly in emerging economies, is driven by a desire for a better life with more opportunities—as economies start to centralize in cities, so do people. The McKinsey Global Institute (MGI) has estimated that between now and 2025, the world’s urban population will grow by 65 million people a year, or almost 179,000 every day.1 Meeting the needs of this changing demographic will be challenging. What has to happen to make a good city? Or a great one?