Great story to come across as I get ready to attend a meeting of the Mayoral Ad Hoc Development Process Review Committee: Money talks - sprawls walks.
In a survey of 1000 builders, developers and other industry professionals operating along the East Coast from Connecticut to Florida, sixty percent reported that, “to stay competitive, they are shifting away from bigger traditional home designs to conservative pedestrian-oriented mixed-use neighborhoods.”
In other words, smart growth has become the “conservative” investment. The survey was sponsored by a group of real estate-related companies based in New Jersey, Virginia, New York and Pennsylvania and covered a wide range of issues in an effort to determine how current economic conditions are affecting builders.
Read the rest at: Industry survey confirms developers shifting to smart growth
Hi John,
Just happened to stumble on your site and just bookmarked it being a Wisconsin native interested in urban planning as well. Do you currently work in the industry?
Cheers,
Ryan
Posted by: Milwaukee Condos | November 18, 2010 at 07:22 PM
Not in the industry, but I've recently been named to the local Plan Commission pending council approval.
Posted by: John Michlig | November 22, 2010 at 10:05 AM