1. 2 Which attributes make a community successful?
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Transcript of 1. 2 Which attributes make a community successful?
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Which attributes make a community successful?
Multimodal Transportation Walkable Streets
Parking Options
Public Spaces/Parks
Urban Character
Civic / Cultural
Facilities
Anchor Employer
Infrastructure Investments
Higher Education
Diverse Housing
Types
Multi-Modal Transportation Choices
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More walkable places perform better economically (and this is largely about density and destinations)
Agglomeration: walkable neighborhoods benefit from being near other walkable neighborhoods
Walkable neighborhoods have higher housing costs, but lower transportation costs
Christopher B. Leinberger and Mariela Alfonzo, “Walk this Way: The Economic Promise of Walkable Places in Metropolitan Washington, D.C.” Brookings Institution, May 2012.
Economic Benefits of Compact, Walkable Places: Findings from Brookings “Walk this Way” study
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Walkability (at neighborhood level) increases home values
Sites in compact, walkable areas command higher property values for office, retail, and apartment;
Per-unit cost to developers to supply infrastructure decreases as density increases
Sources: 1) Joe Cortright, “Walking the Walk,” CEOs for Cities, August 2009. 2) Pivo, G and Fisher, “Effects of Walkability on Property Values and Investment Returns,” Boston College, 2009. 3) Arrington, G, “Effects of TOD on Housing, Parking and Travel,” Transportation Research Board, 2008.
Economic Benefits of Compact, Walkable Places: Other findings
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Places targeted for regional growth
Urban & suburban centers, traditional towns, emerging communities
Mix of uses
Aligned with existing & future transportation network
What Are Activity Centers?
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Strong Transportation
Network
StrongActivityCenters
Why do Activity Centers Matter?
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Place + Opportunity: 6 Activity Center Place Types
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Rosslyn
Photo: washingtonpost.com
• “Urban Center” • Major employment center• Dense, mixed-use, strong
market
• High rents & occupancies• High-volume Metro station• Strong street network &
pedestrian infrastructure
13Photo: Assemblyrow.com
Shirlington• “Dense Mixed-Use Center” • Dense, mixed-use, strong
market but smaller scale• More variation in asset
type – office, retail, residential
• Walkable & pedestrian-oriented
14Photo: Assemblyrow.com
Manassas
Manassas
• “Satellite City” • Outer jurisdiction• Mix of uses, activities but
different market than in inner jurisdictions
• Traditional downtown• Commuter rail station,
limited reverse commute• Strong street network &
walkable
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Sophie Mintier, Regional PlannerMetropolitan Washington Council of [email protected] | (202)962-3753