Walkable neighborhoods gaining popularity – even in the suburbs

Crossposted from the Huffington Post.

Last week, my colleague Chris Leinberger wrote a provocative op-ed in the New York Times titled “The Death of the Fringe Suburb.” Leinberger, who is president of LOCUS: Responsible Real Estate Developers and Investors, which is a project of Smart Growth America, highlighted the convergence of a number of factors in heralding the decline of far flung, auto-dependant exurbs. Rising gas prices, demographic changes, and shifting consumer preferences have all made these areas less attractive to homebuyers — a fact reflected in the financial troubles and foreclosure crises many of these communities face.

This gloomy portrait, however, is only the prelude to Leinberger’s discussion of an exciting new wave of demand for real estate. Today, the most valuable housing is in center city and inner suburb communities where shops, schools and homes are within walking distance of one another. More and more Americans want to live in these affordable and accessible neighborhoods — and the proof is in the prices of homes in these areas. Perhaps even more importantly, this type of development is where the knowledge economy thrives, helps support regional economies and promotes environmental sustainability.

LOCUS

American Jobs Act's Project Rebuild Aims to Revitalize Vacant Homes

Originally posted on Huffington Post.

When the housing bubble popped in 2009, it left many American communities with foreclosed and vacant homes and businesses.

The American Jobs Act would help restore thousands of these abandoned properties and put construction workers back to work in the process with Project Rebuild. The $15 billion project would create thousands of jobs to tear down abandoned properties, renovate foreclosed homes and maintain abandoned properties until they can be sold once again. Intended to initially help communities with the largest number of foreclosed properties, Project Rebuild would create much-needed jobs and energize the country’s blighted communities at the same time. Key components of the project include:

  • Stabilizing communities by focusing on distressed commercial properties and redevelopment;
  • Federal funding to support for-profit development — when consistent with project aims and subject to strict oversight requirements;
  • Increased support for “land banking”;
  • Establishing property maintenance programs to create jobs and mitigate “visible scars” left by vacant/abandoned properties.
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The problem with potholes: neglected road repair poses huge liabilities for many states

Crossposted from the Huffington Post

For decades, states have invested disproportionately in road expansion and left regular repair and preservation underfunded. As a result of these spending decisions, road conditions in many states are getting worse and threaten taxpayers with billions of dollars in preventable expenses.

Between 2004 and 2008, states collectively spent $37.9 billion on road repair and expansion projects. The majority of these funds — 57% — went to just 1.3% of roads during this time. The remaining 99% of states’ road networks received only 43% of funding. Not surprisingly, without adequate funding for repair many roads across the country fell out of good condition during this time.

Investing in expansion at the cost of repair doesn’t just mean a rougher ride on some roads: it’s a transportation investment strategy that poses huge financial liabilities for states. Putting off repairs today means spending much more on those repairs in the future, as repair costs rise exponentially as road conditions decline. According to the American Association of State Highway and Transportation Officials, repairing a road that has fallen into poor condition can cost up to 14 times as much as preserving a road in good condition to begin with. Compounding these costs is the fact that with every dollar spent on road expansion, states add to a system they are already failing to adequately maintain.

According to a new report by Smart Growth America and Taxpayers for Common Sense, states would collectively need to spend $43 billion every year for 20 years to bring the country’s roads currently in poor condition up to good condition and then keep them that way. To put this figure in perspective, $43 billion is more than what states are currently spending on all repair, preservation, and new capacity combined. The fact that states’ outstanding repair need is so great makes clear that spending priorities have drifted too far from regular repair and, in so doing, have created a deficit that will take decades to reverse.

Preserving a road in good condition through periodic repair is significantly cheaper than allowing it to degrade and then rebuilding it. By prioritizing maintaining roads in good condition, states can avoid the substantially higher cost of bringing crumbling roads back to a state of good repair down the line.

More information about these issues, and recommendations for how state and federal leaders can take action, is available in Repair Priorities: Transportation spending strategies to save taxpayer dollars and improve roads.

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EPA announces plan to abandon Kansas City – at the cost of the city and taxpayers

Crossposted from the Huffington Post.

To avoid small costs, the U.S. Environmental Protection Agency (EPA) will be creating big costs for everyone, including the federal government.

The EPA announced on Monday that it plans to move the Agency’s Region 7 headquarters, currently located in downtown Kansas City, Kansas, to Lenexa, a site nearly 20 miles outside of downtown. The EPA’s decision violates Executive Order 13514, which requires federal agencies to locate their offices in downtown areas and town centers whenever possible. Not following the Executive Order will cost a lot of money for everyone — including Kansas City and its businesses, EPA employees and U.S. taxpayers too.

As one of Kansas City’s major employers, EPA’s decision hurts the city, which has made great strides in the last decade to revitalize its downtown. “The EPA regional headquarters has been instrumental in our urban revitalization efforts,” Mayor Joe Reardon said in a statement on Monday, and the value of such an employer’s presence in a city’s revitalization efforts goes beyond their immediate impact. The EPA headquarters helped anchor renewed economic development in an area that had seen decades of decline, and the Agency’s decision undermines efforts to build a stronger economy in Kansas City.

The relocation will also mean increased traffic on I-35 and the higher maintenance costs associated with additional cars on the road. The Town of Lenexa projects I-35 to capacity by 2020, just 7 years into GSA’s 20-year lease. The EPA’s move will only hasten the arrival of that saturation point, creating costly delays or requiring even more (federal) money to improve conditions.

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A Sputnik Moment for Smart Growth

In his State of the Union address, President Obama laid out a strategy to rebuild America’s economy, calling on the country to “Out-innovate, out-educate, and out-build the rest of the world.” He laid out strategies for better education, better energy production, better transportation and better job creation. All of these strategies are key to a stronger American economy.

It is time we remember and take pride in the fact that “America is the nation that built the transcontinental railroad, brought electricity to rural communities, constructed the Interstate Highway System. The jobs created by these projects didn’t just come from laying down track or pavement. They came from businesses that opened near a town’s new train station or the new off-ramp.”

The President’s statement means we have to continue to expand our infrastructure and communities with an understanding of how the two connect and support one another, and that’s exactly what smart growth does. The big national decisions we make about budgets and investment can ultimately make life better in the towns and neighborhoods that knit this nation together.

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