This week, more than 200 real estate developers and local elected officials convened at the One Woodward Building in downtown Detroit for the first-ever LOCUS Michigan Leadership Summit: Closing the next [Smart Growth] Deal. Attendees represented the private, public, and non-profit sectors, and brought regional perspectives to the table.
The LOCUS Michigan Leadership Summit: Closing the Next [Smart Growth] Deal, occurring June 23 in Detroit, will host over 135 real estate developers and local elected officials to share and discuss new opportunities in smart growth development and advance walkable urban communities across Michigan. LOCUS is excited to introduce our lineup of speakers who will be featured at the event: Geoff … Continued
Bumble Bee Seafoods, which moved to downtown San Diego in 2014, is one of the companies included in forthcoming research from Smart Growth America. Photo courtesy of Bumble Bee Seafoods.
Over the past five years, hundreds of companies across the United States have moved to and invested in walkable downtowns. Why did companies choose these places? And what features did they look for when picking a new location?
Core Values: Why American Companies are Moving Downtown is new research coming out on June 18 from Smart Growth America in partnership with Cushman & Wakefield and the George Washington University School of Business’ Center for Real Estate and Urban Analysis.
Transportation Secretary Anthony Foxx addresses the audience at the 2015 LOCUS Leadership Summit.
The fourth annual LOCUS Leadership Summit convened earlier this week at the Carnegie Library in Washington, DC, bringing together 130 real estate developers and local elected officials from around the country. Attendees discussed and debated with the brightest minds in real estate, discovering private sector tools and strategies to combat the affordability and social equity crisis.
Great, walkable neighborhoods are stronger when people of all income levels can afford to live there. Next month, real estate developers from across the country will gather to talk about how they can help make that happen as part of the 2015 LOCUS Leadership Summit.
Transportation is a crucial part of this discussion and no one is more important in this arena than the U.S. Department of Transportation. The good news is that USDOT will join the Summit to speak frankly about how developers and transportation advocates can work together to build walkable, equitable communities.
We are excited to announce that U.S. Transportation Secretary Anthony Foxx will deliver the keynote address at the 2015 LOCUS Leadership Summit. Under Secretary Foxx’s leadership, USDOT is working to make sure transportation investments support working families and America’s broader economy. Foxx’s keynote will provide insights into USDOT’s current programs, its plans for the future, and how real estate developers can be part of the national effort for more equitable, walkable communities. Register today to join the event:
We’re excited to introduce the some of the leading real estate executives who will be featured speakers at the 2015 LOCUS National Leadership Summit: Private Sector Solutions to the Affordability and Social Equity Crisis.
To what degree does the choice of development pattern impact costs for a local government? How do these decisions affect a municipality’s budget and tax revenues, and the cost of infrastructure and services it must provide?
The Fiscal Impact of Development Patterns, a new model from Smart Growth America and real estate advisors RCLCO, is designed to help municipalities answer these questions.
The new model was unveiled yesterday morning, and as part of the kickoff Chris Zimmerman, Smart Growth America’s Vice President for Economic Development, and Patrick Lynch, Smart Growth America’s Research Director, presented an overview of the new resource at an event in Madison, WI. The presentation was webcast live yesterday afternoon and a recorded version of their discussion is now available above or on YouTube.
The Fiscal Implications of Development Patterns, released today by Smart Growth America and real estate advisors RCLCO, is a new model for analyzing the fiscal performance of urban development.
It is designed to help towns, cities, and counties understand what financial returns their development currently generates—and what strategies could generate better returns in the future.
This new model is unique in that it is sensitive to both geography and density. We allow municipal costs per capita to vary based on these factors.
Smart Growth America will be presenting this new tool at a live event today at 2:00 PM EDT in Madison, WI. The event will also be live streamed on the web, and we invite you to watch.
Madison is the first city in the country to use our new model, and today’s event will also include a demonstration of how the model applies to Madison’s development specifically.
Smart Growth America is always working to help towns and cities better understand the impacts of their development choices. Our new model is the most recent in this line of work and we look forward to sharing it with you. Join us later today to learn all about the new resource.
P.S.—Want to conduct this analysis in your town, city, or county? Contact us to learn about our consulting services.
Every town and city makes decisions about how to grow and what kind of development to build. These decisions shape entire neighborhoods, and form the foundation of American communities as we know them.
These decisions also impact a city’s finances. Some development patterns generate net revenue, others run a deficit. A smart growth approach can help cities build in ways that support long term fiscal health, and a new tool will help local leaders understand specific ways this approach can help their community.
Next week Smart Growth America and RCLCO will unveil a new model for analyzing the fiscal performance of urban development. This new model will be applicable in every town or city across the country, and is designed to help cities understand what financial returns their development currently generates—and what strategies could generate better returns in the future.
Communities have seen amazing results from their Complete Streets projects. These projects have made streets safer, increased the number of people biking, walking, and taking transit, and have been related to broader economic gains. But too few communities measure these results.