The Future of Real Estate in Ohio: Walkable Urban Places

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Chris Leinberger of LOCUS - a national network of real estate developers and investors that advocates for sustainable, walkable urban development in America’s metropolitan areas - gave this presentation at a series of events, “Advancing Ohio’s Urban Agenda: Walkable Communities for Globally Competitive Cities,” co-hosted by Greater Ohio Policy Center, the Urban Land Institute (ULI) district councils of Cincinnati, Cleveland and Columbus, and LOCUS. The events took place in Cincinnati, Cleveland and Columbus on January 16th and 17th of 2013.

The three groups built the case for walkable development based on market demand and the need for Ohio cities to act now to take advantage of current demographic shifts to remain globally competitive. These events provided a forum to connect developers from urban centers across the state to discuss the demand for sustainable communities.

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The Future of Real Estate in Ohio: Walkable Urban Places

  1. 1. The  Future  of  Real  Estate  in  Ohio:   Walkable  Urban  Places  h:p://business.gwu.edu/walkup/  
  2. 2. “See the USA in your Chevrolet”
  3. 3. `  
  4. 4. 3rd Version of the American Dream:Option of Walkable Urban OR Drivable Sub-Urban
  5. 5. Arlington  Starts  Transforms  in  1980s:  Rail  Transit,  Overlay  Zoning  &  Mgmt  1980s:  Ex-­‐Sears  Stores   Same  Place  Today       Two  blocks  north  and  south,  single  family  housing  that  is  highest  priced  in   Arlington  on  $/foot  basis:  Best  of  Two  Worlds   10%  of  the  land=50%+  of  government  revenues   Among  best  schools  in  Country…new  housing  has  0.4  per  unit    
  6. 6. Five-Year EconomicDevelopment Strategy forthe District of Columbia
  7. 7. DC  ECONOMIC  DEVELOPMENT  STRATEGY  
  8. 8. Christopher  B.  Leinberger   Land  use  strategist,  developer,  author,  researcher,  professor   (www.cleinberger.com)  •  The  Opon  of  Urbanism;   Invesng  in  a  New  American   Dream,  Island  Press,  2008  •  The  Next  Slum?,  The  Atlan_c   Monthly,  March,  2008    •  Here  Comes  the   Neighborhood,  The  Atlan_c  •  “The  Death  of  the  Fringe   Suburbs”,  New  York  Times,   November  26,  2011  •  “Now  Coveted,  A  Walkable   Convenient  Place”,  New   York  Times,  May  25,  2012  

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