Urban residents are increasingly focused on live/work/play environments and, even in the Texas heat, walkability. The shift from suburban sprawl to downtown living is making its way into the region, as evidenced by the growing downtown development, says CBRE.
Shifting demographics also continue to make a dramatic impact on urban cores throughout the region. The next generation of Texans, millennials, currently make up 40% of CBD residents—a number projected to increase to 53% by 2020.
Read more...Shifting Demographics Continue to Impact Urban Growth | GlobeSt.com
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