LOCUS, Latin for “place,” is a national coalition of real estate developers and investors who advocate for sustainable, equitable, walkable development in America’s metropolitan areas.
Across the country demand is high for real estate in sustainable, walkable urban places. Yet too often, public policy hampers developers’ ability to build the development that would meet this demand. LOCUS brings together real estate developers and investors from across the country to change policy at the local, state, and federal level and to build neighborhoods that are more economically, socially and environmentally sustainable for America’s future.
With the creation of the federal Opportunity Zones incentive program, trillions of dollars in new private investment will flow into pre-designated low-income communities around the country. But will this investment benefit the people living in these communities now, or will they be displaced as new interest and development brings increased property values and rents? And what kind of development will result —unsustainable, car-dependent sprawl (the dominant growth paradigm in the United States today) or walkable, mixed-use communities with a variety of housing options for everyone?
This new LOCUS report—National Opportunity Zones Ranking Report—identifies which Opportunity Zones are positioned to bring positive social, environmental, and economic returns, by ranking all Opportunity Zones by their smart growth potential and current social equity. Second, the report includes policy recommendations forcommunities to ensure that development results in more walkable places that are healthy, prosperous, equitable and resilient.
In addition, LOCUS is pleased to announce our new Equitable Investment Atlas—an interactive mapping tool that allows users to search all designated Opportunity Zones in the 50 U.S. states and the District of Columbia for information regarding their Smart Growth Potential (SGP) and Social Equity. It is intended to guide communities in designated Opportunity Zones, as well as other stakeholders and investors, to better understand designated zones’ SGP status relative to other locations across the country.
Register today for the 2018 LOCUS New England Leadership Summit, happening October 24, 2018 at the Boston Society of Architects in Boston, MA.