Smart growth communities

481 views

Published on

Published in: Real Estate, Technology, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
481
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
24
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Smart growth communities

  1. 1. Smart Growth Communities<br />Sales Meeting<br />May 3, 2011<br />
  2. 2. What is “smart growth?”<br />10 accepted principles that define Smart Growth<br />Mix land uses<br />Take advantage of compact building design<br />Create a range of housing opportunities and choices<br />Create walkable neighborhoods<br />Foster distinctive, attractive communities with a strong sense of place<br />Preserve open space, farmland, natural beauty, and critical environmental areas<br />Strengthen and direct development towards existing communities<br />Provide a variety of transportation choices<br />Make development decisions predictable, fair, and cost effective<br />Encourage community and stakeholder collaboration in development decisions<br />
  3. 3. What makes a neighborhood walkable?<br />A center: Walkable neighborhoods have a center, whether it's a main street or a public space.<br />People: Enough people for businesses to flourish and for public transit to run frequently.<br />Mixed income, mixed use: Affordable housing located near businesses.<br />Parks and public space: Plenty of public places to gather and play.<br />Pedestrian design: Buildings are close to the street, parking lots are relegated to the back. <br />Schools and workplaces: Close enough that most residents can walk from their homes. <br />Complete streets: Streets designed for bicyclists, pedestrians, and transit. <br />
  4. 4. WALKABLE NEIGHBORHOODS<br />Environment<br />Walking is a zero-pollution transportation method<br />Health<br />Average resident of a walkable neighborhood weighs 7 pounds less than a resident in a sprawling neighborhood<br />Finances<br />Increases the value of property<br />Communities<br />Studies show that for every 10 minutes a person spends in a daily car commute, time spent in community activities falls by 10%<br />
  5. 5. Visualize It<br />
  6. 6. Important to Buyers<br />Commute time and places to walk are 2 of the top 3 most important community characteristics (NAR)<br />Each point of Walk Score is worth up to $3,000 in a typical metro area (CEOs for Cities, 2009)<br />Commercial Real Estate: A 10 point increase in Walk Score increases property values 5-8%<br />
  7. 7. 2011 Community Preference SurveyNAR: 2,071 Adults (2/2011)<br />56% of respondents survey prefer smart growth communities to ones that require more driving between home, work and recreation<br />Willing to sacrifice square footage for less driving:<br />80% would prefer to live in a single-family detached home as long as it didn’t require a longer commute, BUT<br />59% would choose a smaller home if it meant a commute time of 20 minutes or less<br />
  8. 8. Community Characteristics: When considering a home purchase<br />88% placed more value on the quality of the neighborhood, than the size of the home<br />77% want communities with high-quality schools<br />Don’t just sell homes, sell neighborhoods!<br />Different home buyers are looking for all kinds of neighborhood settings<br />2011 Community Preference SurveyNAR: 2,071 Adults (2/2011)<br />
  9. 9.
  10. 10. Omaha and Smart Growth<br />78th most sprawling of 83 metro areas<br />It’s a long way from becoming the way of life<br />Midtown Crossing– Very walkable living choice, but no one would buy the condos<br />Would a similar development work better in west Omaha?<br />Why are Omaha’s residents resistant to this lifestyle change?<br />
  11. 11. Omaha and Smart Growth<br />
  12. 12. Get Involved!<br />Influence local government to find ways to increase the walk score of your target neighborhoods<br />Zoning Ordinances<br />
  13. 13. Questions / Comments<br />

×