Today, we’re pleased to release the full list of WalkUPs analyzed in our recent report, Foot Traffic Ahead 2016.
Foot Traffic Ahead 2016
The 2016 LOCUS National Leadership Summit took place last week at the Algonquin Club of Boston, MA, bringing together the nation’s leading real estate developers, investors, and local elected officials from around the country. Participants shared ideas, created new business deals, discussed smart growth issues, and prepared themselves for the future of smart growth development.
There are 619 regionally significant, walkable urban places (or “WalkUPs”) in the nation’s 30 largest metro areas.
Foot Traffic Ahead 2016, released today by LOCUS in conjunction with the Center for Real Estate and Urban Analysis at the George Washington University School of Business, looked at all of them.
The new report ranks the country’s 30 largest metropolitan areas based on the amount of commercial and multi-family rental development in WalkUPs, and uses a series of forward-looking metrics to predict how walkable their future development might be. The research also uses social equity metrics like housing costs, transportation costs, and access to jobs to understand the relationship between walkability and social equity.
The research found that walkable urban market share growth in office and multi-family rental increased in all 30 metro areas between 2010-2015, while drivable sub-urban locations have lost market share.
Not surprisingly, New York City, Washington DC, Boston, Chicago, San Francisco, and Seattle ranked at the top of current areas for walkable urbanism. But the research points to other cities including Phoenix, Los Angeles, and metro Detroit as best-positioned for future growth of walkability given current efforts in those the communities.
Download the full report to see the full rankings, including which metros are getting the most out of their current development, which have the greatest momentum, and which rank the highest for social equity.
Across the country, demand is growing for walkable neighborhoods. Which cities are well-positioned to meet that demand, and which will miss the boat?
We asked these questions two years ago in Foot Traffic Ahead: Ranking Walkable Urbanism in America’s Largest Metros. That report, released in conjunction with the Center for Real Estate and Urban Analysis at the George Washington University School of Business, outlined which of the country’s metro areas are the most walkable today and which have the most potential to be walkable in the future.
Next month we’re going to revisit these questions and provide updated analysis in Foot Traffic Ahead 2016. Coming out on June 14, this brand new research will provide unparalleled insights into current and future smart growth development, including the latest rankings of the top 30 walkable urban places (or “WalkUPs”) in the nation’s largest metro areas based on their current and future commercial real estate metrics. Sign up to get your copy when the report comes out next month: