SGA partners with Lincoln Institute on climate-informed zoning project

In partnership with the Lincoln Institute of Land Policy,  Smart Growth America (SGA) is eager to begin a new research project that will analyze the fiscal impacts of climate-informed zoning policy in Norfolk, Virginia, a community already experiencing the damaging impacts of climate change, including flooding.  Alongside a comprehensive scan of peer cities’ climate-informed  zoning approaches, SGA will consider how those approaches and land use policy can affect housing affordability, fiscal budgets, and equitable development objectives as well as highlight best practices to help coastal communities better prepare for future flooding and other climate change hazards.

Climate Change

Segregation persists, climate change is here, and demographics are rapidly shifting: It’s time for a Great Real Estate Reset

The real estate industry is failing to fully address persistent segregation by race and income, pent-up demand for more attainable housing, destabilized regional housing markets fueled by climate change, and other converging trends. It’s time for a real estate reset.

Climate Change LOCUS Resilience

Trump administration undercuts multimodal funding

Under President Trump, the USDOT has effectively turned the formerly innovative BUILD program—created to advance complex, hard-to-fund, multimodal projects—into little more than a rural roads program, dramatically undercutting both its intent and utility. A new analysis illuminates how the program has changed and what Congress can do about it.

Transportation

Watch the recorded kickoff discussion of “Empty Spaces”

On Tuesday we released Empty Spaces, new research looking at the real parking needed at five transit-oriented developments (TODs). The report, produced in partnership the University of Utah, looks at how much less parking is required at TOD than standard engineering guidelines suggest, and how many fewer vehicle trips are generated than those guidelines estimate.

Transportation

Coming soon: new research on parking requirements at TOD stations

Research has shown development near transit stations requires less parking than other kinds of development. Yet most engineering guidelines are unclear exactly how much less parking is needed. Oversupply of parking takes up valuable land, raises the cost of development, and misses a key opportunity. Building the right amount of parking can help communities get … Continued

Economic development Transportation

Introducing "Foot Traffic Ahead 2016"

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.

LOCUS

Why are federal programs restricting mixed-use development?

uchf-bannerStreet-level stores with apartments above them, like these along Main Street in Ossining, NY, are one example of the type of development current federal regulations restrict.

A growing number of Americans wanting to live in walkable, mixed-use neighborhoods—but arcane federal rules make it unnecessarily difficult to build this type of development. A recent study by the Regional Plan Association, released in partnership with LOCUS: Responsible Real Estate Developers and Investors, highlights how—and what lawmakers can do to change it.

LOCUS

Introducing "The WalkUP Wake-Up Call: Michigan Metros"

michigan-metros3

Walkable real estate development projects and places are on the rise nationwide. LOCUS has looked at how these trends are playing out in Atlanta, Washington, DC, and Boston. Today, we’re excited to unveil the fourth report in our WalkUP Wake-Up Call series.

The WalkUP Wake-Up Call: Michigan Metros looks at development in seven Michigan metropolitan areas: Detroit-Ann Arbor, Grand Rapids-Muskegon-Holland, Lansing, Jackson, Kalamazoo-Battle Creek, Saginaw-Bay City-Midland, and Flint. Our analysis of these areas finds that in the most recent real estate cycle, 22 percent of all new income property development located in the 2.7 percent of land that is walkable urban. This share of new development is up from only 6 percent in the 1990s real estate cycle and 12 percent from the 2001-2008 cycle.

LOCUS