Items Tagged with

Real Estate

12 ways developers can guide tenants to better transportation decisions

Real-estate developers and property managers have long been coming around to the simple business decision that, if they want to manage profitable projects and attract tenants, they should build and own near transit and other non-driving options. Just look at Detroit: A 2.5-mile streetcar system expected to launch in a few months to downtown is… Read more »

To Fill Empty Offices, Arlington Must Focus on Transportation Options

Resting on the status quo of existing transportation options is no longer a winning strategy for places that want to attract new businesses. Workers want to have transportation options at their fingertips, while developers are looking to locate in transportation hubs that will help attract both companies and their workers. As a report from Smart… Read more »

New Research Reveals the Costs of Sprawl to Municipal Coffers

Ever since the Roman Empire, local governments have had great control over land use. Today, municipalities control development using zoning regulations, tax policies, and infrastructure-investment decisions. Municipalities can choose to develop in an unconnected, low-density, suburban-style manner, or they can consider more compact, connected urban land uses. These decisions have enormous implications for a municipality’s finances, according… Read more »

Transportation Amenities Give Arlington Upper Hand for Commercial-Office Developers

With the highest office vacancy rate in years – currently around 21 percent compared with 17 percent for Northern Virginia as a whole – Arlington County’s building owners are faced with numerous challenges to attract and retain tenants. The Base Realignment and Closure (BRAC) program authorized by Congress, in which Department of Defense bases were… Read more »

Real-Estate Investors: Pay Attention to 18-Hour Cities, Millennials, and Infrastructure in 2015

Urbanization – migration away from the suburbs and to the central city – will be the biggest real estate trend in 2015, according to a new report from the Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC). The Emerging Trends in Real Estate report, in its 36th year of publication, makes projections in commercial and residential… Read more »

Transit is a Commonality of Booming, Vibrant Cities

The smartest move for real-estate developers is to continue investing in cities that have many transportation options available to their potential tenants. And growing cities need to embrace transit-oriented development to remain competitive. Those are the findings of a recent report that explores 10 major cities (Mexico City, Manhattan, Los Angeles, Chicago, Toronto, Washington D.C., Miami,… Read more »

Demand for Mixed-Use Places Could Drive Transit Growth

Transportation choice in America is largely a product of where one lives, which is both directly and indirectly dependent upon core values and attitudes. This is a major finding in TransitCenter’s Who’s on Board: The 2014 Mobility Attitudes Survey, and it supports the idea that transportation and land use are inextricably linked. While there is a high… Read more »

Strong Messages Needed to Influence America’s Seven “Transportation Types”

America has seven “transportation types,” according to a new study by TransitCenter, and these seven common attitudes should inspire more creativity for communicators and marketers aiming to help increase ridership on public transportation. You can see the seven different types in the chart to the right. Two types are not worth focusing on at all…. Read more »

New Women’s Group Hopes to Refine “The Arlington Way”

“The Arlington Way” is viewed as one of the first and best examples of civic engagement at the local level. However, the drumbeat of criticism and opposition to all manner of needed investments suggest the Arlington Way as we know it is falling short. There are many factors likely at play: complex project design, a… Read more »

Parking Lots are Craters that Create Urban Congestion

In case viewers are unclear about Streetsblog’s opinion of surface parking lots, its new video by the website’s editor Angie Schmitt is titled Parking Craters: Scourge of American Downtowns. In it, advocates ranging from professors to urban planners explain the deleterious effect these “depressions in the middle of an urban area formed by the absence of… Read more »