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2 Which attributes make a community successful?
Multimodal TransportationWalkable Streets Parking Options Public Spaces/Parks Urban Character Civic / Cultural Facilities
Anchor Employer Infrastructure Investments Higher Education Diverse Housing Types
Multi-Modal Transportation Choices
6 More walkable places perform better economically (and this is largely about density and destinations) Agglomeration: walkable neighborhoods benefit from being near other walkable neighborhoods Walkable neighborhoods have higher housing costs, but lower transportation costs Christopher B. Leinberger and Mariela Alfonzo, “Walk this Way: The Economic Promise of Walkable Places in Metropolitan Washington, D.C.” Brookings Institution, May Economic Benefits of Compact, Walkable Places: Findings from Brookings “Walk this Way” study
7 Walkability (at neighborhood level) increases home values Sites in compact, walkable areas command higher property values for office, retail, and apartment; Per-unit cost to developers to supply infrastructure decreases as density increases Sources: 1) Joe Cortright, “Walking the Walk,” CEOs for Cities, August ) Pivo, G and Fisher, “Effects of Walkability on Property Values and Investment Returns,” Boston College, ) Arrington, G, “Effects of TOD on Housing, Parking and Travel,” Transportation Research Board, Economic Benefits of Compact, Walkable Places: Other findings
8 Places targeted for regional growth Urban & suburban centers, traditional towns, emerging communities Mix of uses Aligned with existing & future transportation network What Are Activity Centers?
Strong Transportation Network Strong Activity Centers 9 Why do Activity Centers Matter?
Place + Opportunity: 6 Activity Center Place Types 10
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Rosslyn 12 Photo: washingtonpost.com “Urban Center” Major employment center Dense, mixed-use, strong market High rents & occupancies High-volume Metro station Strong street network & pedestrian infrastructure
13 Photo: Assemblyrow.com Shirlington “Dense Mixed-Use Center” Dense, mixed-use, strong market but smaller scale More variation in asset type – office, retail, residential Walkable & pedestrian- oriented
14 Photo: Assemblyrow.com Manassas “Satellite City” Outer jurisdiction Mix of uses, activities but different market than in inner jurisdictions Traditional downtown Commuter rail station, limited reverse commute Strong street network & walkable
15 Sophie Mintier, Regional Planner Metropolitan Washington Council of Governments | (202)