Two things happened Wednesday in Pittsburgh and both have something important in common. First, there\u2019s Ken Griffin\u2019s spectacular gift of $3 million to Carnegie Mellon University. Getting the largest individual donation in the history of higher education is a big win for Pittsburgh\u2019s global prestige.<\/p>\n
Griffin, one of the nation\u2019s most successful hedge fund chiefs, knows how to grow investments. CMU is a good fit for $1 billion of his donation because it is a hub of growth in computing science and robotics. <\/p>\n
Carnegie Mellon has launched more than 400 startups in the last decade, making the university an engine of economic growth. And $2 billion of the gift will create a new campus in South Florida to be called CMU Miami. <\/p>\n
More growth! <\/p>\n
Second, the city\u2019s mayor released a preliminary spending plan. A 2027 deficit will be offset by a withdrawal from the rainy day fund and the budget will be balanced. <\/p>\n
But Corey O\u2019Connor has said one way the city can address its delicate financial condition is\u2026 growth! <\/p>\n
And the new mayor is taking steps to make it easier for developers to start projects and is also forming ties with non-profits. <\/p>\n
Those are good first steps and we hope to see bold new proposals for more growth opportunities.<\/p>\n","protected":false},"excerpt":{"rendered":"Two things happened Wednesday in Pittsburgh and both have something important in common. First, there\u2019s Ken Griffin\u2019s spectacular…\n","protected":false},"author":2,"featured_media":297902,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[7933,2697,80690,122711,73,75,74],"class_list":["post-297901","post","type-post","status-publish","format-standard","has-post-thumbnail","category-pittsburgh","tag-carnegie-mellon-university","tag-city-of-pittsburgh","tag-kdka-radio-editorial","tag-ken-griffin","tag-pittsburgh","tag-pittsburgh-headlines","tag-pittsburgh-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/297901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=297901"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/297901\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/297902"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=297901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=297901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=297901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}