Friday, June 21, 2013

Big Cities Grow Faster than Suburban Areas (2010-2012) via Axiometrics

During the late 1990s and the early 2000s, much was said and written about the return to urban villages. As opposed to suburban sprawl, the dream among developers and city zoning boards was to create “pedestrian friendly” developments, complete with “workability” and “live-work-play” environments. Yet it really wasn’t until the aftermath of the 2007-2009 financial meltdown that interest in such urban-oriented developments really took hold spurred, in part, by a growing population in downtown and infill locations.

In his article “A Big City Growth Revival?” Metropolitan Policy Program Senior Fellow William Frey uses U.S. Census Bureau statistics to point out that, between 2010 and 2012, cities with over one-half million in population grew more rapidly than their corresponding suburbs or smaller cities. He notes that data for 16 of the 20 largest U.S. cities showed larger growth rates, on average, during 2011-2012 than compared to 2010-2011.

Other interesting facts he includes in his article are:

Read more...Big Cities Grow Faster than Suburban Areas (2010-2012) via Axiometrics

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