Economics

“Creating Value: Assessing the Return on Investment in Complete Streets” webinar recap

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Last week the National Complete Streets Coalition hosted the second installment in our monthly webinar series, Implementation & Equity 201: The Path Forward to Complete Streets. “Creating Value: Assessing the Return on Investment in Complete Streets,” held on March 23, 2017, discussed ways for advocates to quantify and communicate the diverse benefits of Complete Streets projects. Watch the full video recording of the webinar above, or download the PDF of the presentation.

Complete Streets

Walkable neighborhoods now the most coveted in real estate

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Washington, DC’s Foggy Bottom neighborhood was one of those included in a new study from the Brookings Institution. Photo by Flickr user Dewita Soeharjono.

The most valuable real estate today is in walkable urban locations – and that’s a stark change from only a decade ago.

That is one of the principal findings of a new report from the Brookings Institution. Walk this Way:The Economic Promise of Walkable Places in Metropolitan Washington, D.C. is an economic analysis of the neighborhoods in and surrounding our nation’s capital.

“Emerging evidence points to a preference for mixed-use, compact, amenity-rich, transit-accessible neighborhoods or walkable places,” the report explains, noting that consumer preferences have shifted and that demand for walkable housing is outpacing supply, thus contributing to higher property values.

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Subdivisions go urban as housing market changes

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Changing demographics and shifting consumer demands have deeply impacted the real estate market, causing developers to put a greater emphasis than ever before on the creation of smart growth neighborhoods within easy distance to jobs, shops and schools. From millenials to baby-boomers, Americans are moving away from large-lot suburban housing and looking to take up … Continued

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