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.
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
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.
Street-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.
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.
On June 23, LOCUS will unveil a new analysis of which walkable urban places—or “walkUPs”—are changing the real estate landscape in seven metropolitan areas in Michigan.
In early April, Smart Growth America released a new model for analyzing the fiscal performance of urban development. The City of Madison, WI, was the first city to use the new model in their development planning.
Today we’re proud to release new analysis of development patterns in West Des Moines, IA. The new research examines four different strategies for West Des Moines’ growth over the next 20 years. Each scenario assumes the development of 9,275 housing units and 2.69 million square feet of commercial space, which is in keeping with West Des Moines’ current growth.
The four scenarios have different densities and a different mix of home types. A “base density” scenario approximates the average density of development in West Des Moines today; a “low density” and “higher density” scenario represent incrementally lower, and higher development densities, respectively, than the base. And a “walkable urban” scenario has the highest density of all scenarios considered and represents a more dramatic departure from the typical development pattern in West Des Moines (though does not propose any high-rise development).
The model calculates average annual public costs for each scenario. Our researchers subtract that from the average annual public revenues generated by each scenario. The result is the net fiscal impact of each type of development.
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.
Some regions in the United States are sprawling, some are building in compact and connected ways, and the difference between the two strategies has huge implications for the day-to-day lives of millions of Americans.
Measuring Sprawl 2014, released today Smart Growth America in partnership with the University of Utah’s Metropolitan Research Center, ranks the most sprawling and most compact areas of the country. The new report evaluates development patterns in 221 major metropolitan areas and their counties based on four factors: density, land use mix, street connectivity and activity centering. Each metro area received a Sprawl Index score based on these factors.
Local leaders across the country have already built their way to better budgets.
Dozens of municipalities have compared development scenarios and the impact they would have on public finances. Nearly as many places have found that they could save money—and increase revenue—by using smarter development strategies.
How much can other communities expect to save with these strategies? And how much revenue, on average, does smart growth development generate compared to the alternatives?
Next week Smart Growth America will release new research that answers these questions. The new report collects local studies from across the country and will unveil new analysis on how smart growth strategies would impact an average municipality’s budget.