Smart growth gaining traction during economic downturn

Smart Growth America’s President and CEO Geoff Anderson and Vice President of Policy and Research Bill Fulton sat down last week with the San Diego Union Tribune‘s Roger Showley to talk about places using smart growth strategies in a tough economic climate and the state of the smart growth movement. From ‘Smart Growth’ gaining traction in downturn:

Q: What is the state of smart growth at a time of slow growth and economic stagnation?

Geoffrey Anderson: Smart growth is gaining traction, particularly if you look over a 15-to-20-year perspective. If you think back to the mid-’90s when cities were almost assumed to be dead — relics of a past age that were overtaken by the domination of auto-oriented suburbs — the contrast between that view of walkable neighborhoods, of smart growth and what we see today, is striking by any measure, and nowhere more so than how the market views it. There was a lot of skepticism among the private sector that this was something people wanted, and now it’s practically a given by a lot of the development community.

Q: What’s driving this change?

Anderson: We’d be fools to discount the impact of changing demographics. The difference between the 1960s, when half the households had kids and today’s (is that) it’s 30 percent and headed downward — you can’t overstate that difference in the population. We’ve built up a regulatory, financial and development infrastructure to serve that market. Look away for a second and it’s changed, and we forgot to change with it.

Q: How has smart growth played out in the real estate recession?

Anderson: Part of what we’ve learned is where we have really overbuilt. Virtually every place around the country forms a concentric circle. Moving out, values have been dropping. You see center areas and walkable areas holding values best, and large-lot, drive-only places are losing value.

Read the full article: ‘Smart Growth’ gaining traction in downturn (San Diego Union Tribune, February 13, 2012).

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