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Published byEustace Freeman Modified over 9 years ago
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2 Which attributes make a community successful?
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Multimodal TransportationWalkable Streets Parking Options Public Spaces/Parks Urban Character Civic / Cultural Facilities
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Anchor Employer Infrastructure Investments Higher Education Diverse Housing Types
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Multi-Modal Transportation Choices
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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 2012. Economic Benefits of Compact, Walkable Places: Findings from Brookings “Walk this Way” study
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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 2009. 2) Pivo, G and Fisher, “Effects of Walkability on Property Values and Investment Returns,” Boston College, 2009. 3) Arrington, G, “Effects of TOD on Housing, Parking and Travel,” Transportation Research Board, 2008. Economic Benefits of Compact, Walkable Places: Other findings
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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?
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Strong Transportation Network Strong Activity Centers 9 Why do Activity Centers Matter?
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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
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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
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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
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15 Sophie Mintier, Regional Planner Metropolitan Washington Council of Governments smintier@mwcog.orgsmintier@mwcog.org | (202)962-3753
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