Based on a new report by the Center for Real Estate and Urban Analysis at George Washington University School of Business in conjunction with LOCUS: Responsible Real Estate Developers and Investors, walkable real estate development projects and places are on the rise nationwide.
The report titled: Foot Traffic Ahead: Ranking Walkable Urbanism in America's Largest Metros, ranks the country's top 30 metropolitan areas based on the amount of commercial development in Walkable Urban Places (WalkUPs). The study finds higher education levels and one-third higher GDP per capita in high-ranking cities. Additionally, a series of forward-looking metrics examine the future development patterns in these metro areas to predict how walkable or how sprawling their future development is likely to be.
Read more...Growing Urban Development Trend: Walkability - WORLD PROPERTY CHANNEL Global News Center