Another reason a viable trail and sidewalk system is INFRASTRUCTURE, and not merely "parks and recreation."
Today's home buyers aren't just looking for good schools and low crime rates when they evaluate a neighborhood, many brokers say. They're paying much more attention to what they can walk to.
"Everyone wants to know now how close they are to stores," says Linda Duggan, an owner of The Duggan Group real-estate agency. She recently had clients who, given a choice between a house in Danville, Calif., and another that was bigger, newer, $300,000 cheaper—and 20 minutes farther from town—chose the first one. Earlier this year Scott Newman, of Newman Realty in Chicago, started highlighting how close his listings are to amenities. The number of amenities in walking distance can vary sharply from block to block, he adds.
"For a lot of Americans, the whole problem of traffic congestion and having to drive everywhere to do almost anything has made other choices more attractive," says Kaid Benfield, director of the Washington-based Natural Resources Defense Council's Smart Growth Program. Urban planners say it's also a matter of demographics: Baby boomers are coming of empty-nest retirement age, and at the same time their children are buying their first homes, and neither group wants large lots in remote places where little is going on. Fear about future oil prices is also increasing the attractiveness of walkable neighborhoods.
Read the rest at: A Walker's Guide to Home Buying - WSJ.com
More evidence that walkability is marketable | Planetizen
From Planetizen:
A few days ago, I was in a Chicago neighborhood called Lincoln Square, on Lincoln Avenue just south of Lawrence Avenue. Lincoln Avenue looks like many posh urban neighborhoods- narrow, walkable streets inhabited by gelato-eating, prosperous-looking people. Even on a weeknight, the shops and streets of Lincoln Square betrayed no evidence of a recession.*
Lincoln intersects with Lawrence Avenue just a block from the core of Lincoln Square. Lawrence Avenue resembles a suburb more than it resembles Lincoln Square; it is six lanes wide (though unlike in most suburbs, two of them are used for parking), and some shops are behind parking lots. But Lawrence's retail is far less prosperous than that of Lincoln; a good number of Lawrence's storefronts seemed to be vacant, and others were occupied by dollar stores and other non-carriage trade businesses.**
Both Lincoln Avenue and Lawrence Avenue have the same housing stock and thus the same neighbors, the same city government (and thus the same tax rates and school districts) and the same distance from downtown (about seven miles). Thus, these two intersecting streets constitute the perfect controlled experiment on the popularity of walkable urbanism. If people basically liked shopping on car-oriented speedways, Lawrence would have fewer vacant storefronts than Lincoln. Yet the opposite is true. It follows that where everything else is equal, shoppers prefer walkable urbanism to car-oriented suburbanism.
At this point, readers may be asking themselves: why, then, do some suburbs continue to prosper? Because not everything else is equal: an unwalkable suburb may be further away from troubled neighborhoods (usually leading to more prestigous schools and less crime), in a less poverty-packed jurisdiction (thus leading to lower taxes), or have a newer housing stock. Thus, not every suburb will look as scruffy as Lincoln Square.
But the tale of these two adjacent streets nevertheless tells us something: that city life with walkability is appealing to American consumers, while city life with less walkability is anything but.
*For a few pictures of Lincoln Square, see
http://atlantaphotos.fotopic.net/p66205703.html
http://atlantaphotos.fotopic.net/p66205709.html
http://atlantaphotos.fotopic.net/p66205702.html
**Although I took no pictures of Lawrence, you can see the street by going to the 2200-2600 blocks of West Lawrence Avenue on Google Street View.
Michael Lewyn is an assistant professor at Florida Coastal School of Law in Jacksonville, FL, where he teaches a seminar on sprawl and the law (as well as numerous other courses).
Read the rest at: More evidence that walkability is marketable | Planetizen
Posted at 06:04 AM in Bicycling and Walking, Commentary, Current Affairs, Franklin Trails Committee, Retail design, Sustainable Communities Factoid, Traditional Neighborhood Development, Traffic/Transportation | Permalink | Comments (0) | TrackBack (0)
| Reblog (0)