Meaning: The quote, "Many of them are doing it because they are concerned about smart growth" by Lee Scott, highlights an important concept in business and urban development. Smart growth refers to a planning and development principle that aims to create sustainable, efficient, and livable communities. It is a response to the challenges posed by urban sprawl, environmental degradation, and inefficient land use. Smart growth strategies prioritize compact, walkable, and transit-oriented development, which can lead to reduced traffic congestion, improved air quality, and enhanced quality of life for residents.

Lee Scott, the businessman behind this quote, is known for his role as the former CEO of Walmart. During his tenure, Walmart made significant efforts to incorporate sustainability and smart growth principles into its business practices. This included initiatives to reduce energy consumption, promote sustainable sourcing, and support local communities through responsible development.

The quote suggests that many individuals and businesses are embracing smart growth principles because they recognize the benefits of sustainable development. This can include reduced operating costs, improved public perception, and enhanced long-term viability. Smart growth is not only a matter of environmental stewardship but also a strategic approach to business and community development.

One of the key elements of smart growth is the concept of mixed-use development, which promotes the integration of residential, commercial, and recreational spaces within the same area. This approach can lead to more vibrant and dynamic communities, as well as reduced reliance on automobiles and increased opportunities for social interaction. By creating walkable neighborhoods with a diverse range of amenities, mixed-use development can contribute to a higher quality of life for residents while also reducing the environmental impact of urban expansion.

Another important aspect of smart growth is the preservation of open space and natural landscapes. By protecting and enhancing green spaces, communities can improve air and water quality, provide recreational opportunities, and support biodiversity. This can have positive impacts on public health and well-being, as well as contribute to the overall attractiveness of a region.

In addition to the environmental and social benefits, smart growth can also have economic advantages. Compact, mixed-use development can lead to more efficient land use, reduced infrastructure costs, and increased property values. By prioritizing infill development and revitalizing existing urban areas, smart growth strategies can help to minimize the need for costly new infrastructure and services, while also supporting local businesses and fostering a sense of community.

Furthermore, smart growth can contribute to a more resilient and adaptable built environment. By promoting compact, connected, and diverse communities, smart growth can help to mitigate the impacts of climate change, natural disasters, and other external threats. This can lead to reduced risks for businesses and residents, as well as lower long-term costs associated with infrastructure maintenance and replacement.

In conclusion, Lee Scott's quote emphasizes the growing recognition of smart growth as a valuable approach to business and community development. By embracing smart growth principles, businesses and individuals can contribute to more sustainable, efficient, and livable communities, while also reaping economic, environmental, and social benefits. As the challenges of urbanization and environmental degradation continue to evolve, smart growth offers a promising framework for building a better future for all.