The document discusses three case studies of sustainable housing developments:
1) Cottages on Greene in East Greenwich, RI, which includes 15 compact housing units arranged as singles, duplexes, and triplexes on 0.89 acres near recreational amenities.
2) Sandywoods Farm in Tiverton, RI, which includes 50 affordable artist housing units and 22 market rate units on 175 acres, along with mixed-use buildings for galleries, retail, and studios.
3) Riverwalk in Concord, MA, which proposes 13 net zero 2-3 bedroom cottage homes of 1,200-1,800 square feet to be built on +/- 2 acres along a riverfront trail.
The document discusses the importance of multi-modal transportation planning and complete streets design. It advocates for designing streets to prioritize pedestrians, bicyclists, and public transit users in addition to drivers. The document presents principles of multi-modal design from the NACTO Urban Street Design Guide, including that streets are public spaces, design for safety, and streets are ecosystems. Examples of successful multi-modal streets in cities like Groningen and Seattle are provided.
This document summarizes a panel discussion on new models for real estate development. The panelists included representatives from Gerding Edlen, a real estate investment firm; the city of Central Falls, Rhode Island; Guerrilla Development; and The Apiary. The Apiary aims to establish a community development private equity real estate fund to invest in small to mid-sized projects in low-to-middle income urban neighborhoods in Rhode Island. The fund would be open to both accredited and non-accredited investors. The goal is to fill a gap between projects too large for small developers and too small for large developers. Gerding Edlen focuses on investing in sustainable office, residential, and mixed-use projects in major cities.
The document discusses various public-private development projects and the financing mechanisms used to fund them. It describes how some projects utilized tax increment financing (TIF) where a portion of new property taxes generated by the development were used to reimburse eligible project costs. Other projects utilized mechanisms like municipal mortgage debt (MMD), land swaps, tax rebates, and special assessment districts to fund infrastructure like parking garages. The document advocates for using public financing tools to their fullest extent to incentivize mixed-use, transit-oriented development projects.
The document discusses revitalizing downtown properties in Connecticut. It describes how downtown properties are underutilized and how people want walkable, mixed-use communities. A pilot program partnered with the housing authority to explore solutions like supporting developers and making financing easier. Recommendations included regulatory changes and incentives to encourage mixed-income, mixed-use development and bring old buildings back to life. The presentation outlines next steps like tax increment financing districts and training more small-scale professionals to do downtown redevelopment work.
This document summarizes 200 years of development patterns in metropolitan Boston from traditional town centers in the 1800s to modern smart growth and transit-oriented development. It outlines 10 eras of development including country estates, railroad suburbs, streetcar suburbs, and postwar automobile suburbs. Each era produced distinctive land use, transportation, housing, and open space patterns. The document discusses the roles of coordinated infrastructure planning and vernacular development over time. It raises questions about accommodating future population growth and challenges of incrementalism and NIMBYism. Examples of recent smart growth projects aiming to address sprawl and create walkable mixed-use communities are provided.
Driverless cars will have significant impacts on real estate:
- Parking demand and costs are expected to decrease substantially as people are able to do other activities during their commute. This could lead to 800 million square feet of commercial space being freed up.
- Retail locations may spread out and new mixed-use residential/retail developments could emerge as commutes become easier. Rents could decrease in some dense retail areas.
- Residential property values may increase in suburban areas with more land availability and bigger houses, while downtown living becomes less necessary. Overall, lifestyles and real estate uses may shift significantly.
What's your State of Place? Boosting the triple bottom line + through walkabi...State of Place
The document discusses how the State of Place method can be used to quantify walkability and its relationship to economic outcomes. It describes how the State of Place index measures various dimensions of the built environment and uses these measurements to predict returns on investment from improvements to increase walkability. The results can help prioritize interventions and maximize benefits while balancing costs.
The document discusses three case studies of sustainable housing developments:
1) Cottages on Greene in East Greenwich, RI, which includes 15 compact housing units arranged as singles, duplexes, and triplexes on 0.89 acres near recreational amenities.
2) Sandywoods Farm in Tiverton, RI, which includes 50 affordable artist housing units and 22 market rate units on 175 acres, along with mixed-use buildings for galleries, retail, and studios.
3) Riverwalk in Concord, MA, which proposes 13 net zero 2-3 bedroom cottage homes of 1,200-1,800 square feet to be built on +/- 2 acres along a riverfront trail.
The document discusses the importance of multi-modal transportation planning and complete streets design. It advocates for designing streets to prioritize pedestrians, bicyclists, and public transit users in addition to drivers. The document presents principles of multi-modal design from the NACTO Urban Street Design Guide, including that streets are public spaces, design for safety, and streets are ecosystems. Examples of successful multi-modal streets in cities like Groningen and Seattle are provided.
This document summarizes a panel discussion on new models for real estate development. The panelists included representatives from Gerding Edlen, a real estate investment firm; the city of Central Falls, Rhode Island; Guerrilla Development; and The Apiary. The Apiary aims to establish a community development private equity real estate fund to invest in small to mid-sized projects in low-to-middle income urban neighborhoods in Rhode Island. The fund would be open to both accredited and non-accredited investors. The goal is to fill a gap between projects too large for small developers and too small for large developers. Gerding Edlen focuses on investing in sustainable office, residential, and mixed-use projects in major cities.
The document discusses various public-private development projects and the financing mechanisms used to fund them. It describes how some projects utilized tax increment financing (TIF) where a portion of new property taxes generated by the development were used to reimburse eligible project costs. Other projects utilized mechanisms like municipal mortgage debt (MMD), land swaps, tax rebates, and special assessment districts to fund infrastructure like parking garages. The document advocates for using public financing tools to their fullest extent to incentivize mixed-use, transit-oriented development projects.
The document discusses revitalizing downtown properties in Connecticut. It describes how downtown properties are underutilized and how people want walkable, mixed-use communities. A pilot program partnered with the housing authority to explore solutions like supporting developers and making financing easier. Recommendations included regulatory changes and incentives to encourage mixed-income, mixed-use development and bring old buildings back to life. The presentation outlines next steps like tax increment financing districts and training more small-scale professionals to do downtown redevelopment work.
This document summarizes 200 years of development patterns in metropolitan Boston from traditional town centers in the 1800s to modern smart growth and transit-oriented development. It outlines 10 eras of development including country estates, railroad suburbs, streetcar suburbs, and postwar automobile suburbs. Each era produced distinctive land use, transportation, housing, and open space patterns. The document discusses the roles of coordinated infrastructure planning and vernacular development over time. It raises questions about accommodating future population growth and challenges of incrementalism and NIMBYism. Examples of recent smart growth projects aiming to address sprawl and create walkable mixed-use communities are provided.
Driverless cars will have significant impacts on real estate:
- Parking demand and costs are expected to decrease substantially as people are able to do other activities during their commute. This could lead to 800 million square feet of commercial space being freed up.
- Retail locations may spread out and new mixed-use residential/retail developments could emerge as commutes become easier. Rents could decrease in some dense retail areas.
- Residential property values may increase in suburban areas with more land availability and bigger houses, while downtown living becomes less necessary. Overall, lifestyles and real estate uses may shift significantly.
What's your State of Place? Boosting the triple bottom line + through walkabi...State of Place
The document discusses how the State of Place method can be used to quantify walkability and its relationship to economic outcomes. It describes how the State of Place index measures various dimensions of the built environment and uses these measurements to predict returns on investment from improvements to increase walkability. The results can help prioritize interventions and maximize benefits while balancing costs.
Rail~Volution 2017 John Martin | Headwinds or Tailwinds?Rail~Volution
The world is going to change more in the next 10 years than it did in the last 100. At the Rail~Volution conference in September, John Martin, a national leader and futurist, took conference attendees on a look into the future, Using his firm’s research-inspired lens, he identifies not only the major headwinds, but also the positive tailwinds shaping the future of transit-oriented development and equitable, thriving communities.
Many of the topics addressed in this presentation can also be found in explained in more detail at my Blog http://techneconomyblog.com/
Gave this presentation at the Telecoms World Middle East 2014, 29th September. Had a lot of fun putting this work together and got me thinking a lot about the future of networking and the challenges we (Telcos) will be facing in preparing our networks for the next thing. This is a bout the Next Thing although its in reality "hitting" us now.
Have fun and Enjoy!
In case you have any questions or comments don't hesitate to get back to me.
This document provides an overview of chapter 1 from the textbook "Services Marketing". It discusses why the study of services is important, as services now dominate most economies and are the strongest growth area for marketing. It explains that services can be defined as economic activities that are offered to benefit customers without transferring ownership, through access to goods, facilities, skills or networks. Finally, it notes that value creation in services is dominated by intangible elements like skills and experiences rather than physical components.
Marcus & Millichap / IPA Multifamily Forum Southern California - Speaker SlidesRyan Slack
This document provides a summary of a presentation on the future of parking and transportation. It discusses trends showing that parking takes up a large amount of land in Los Angeles but cars are parked 96% of the time. Self-driving cars and shared mobility options may reduce parking needs. Studies show that actual parking demand at transit-oriented developments is lower than estimates. Shared mobility reduces private car ownership. Automated parking structures can use 40% less space and have other benefits. The presentation then discusses an adaptive garage concept and concludes with shared mobility trends.
Signal Hill, a boutique investment advisory firm serving the M&A and private capital raising needs of growth companies, has developed a benchmark of 2016 M&A activity in the middle market, with a particular focus on the technology sector.
This document discusses trends in enterprise mobility and opportunities in the mobile ecosystem. It outlines the rising trend of mobile device usage and adoption. The top five mobile trends are discussed along with how social, mobility, analytics, and cloud (SMAC) technologies are driving changes. The benefits of enterprise mobile adoption are covered. Emerging areas like MOOCs, responsive governance, mobile payments, and the mobile development ecosystem are also summarized.
This presentation covers opportunities for improving transit-oriented development in Wollaston, MA. It discusses prior planning efforts, public engagement that identified priorities like walkability and new housing, and a market analysis showing demand for residential but challenges around costs. Zoning is analyzed as an impediment, and potential changes are proposed. Options for developing the MBTA parking lot are explored, recognizing the need to balance development and parking replacement. Recommendations include improving pedestrian access, public spaces, and continuing partnerships between the city and MAPC.
This document discusses emerging and frontier markets, focusing on risks and opportunities in real estate. It notes that emerging markets are characterized by increasing economic freedom, integration into the global marketplace, and expanding middle classes. However, risks are also rising due to challenges of globalization and volatility. The document then analyzes the emerging market risk index, which evaluates acquisition risks across over 40 countries. It assesses economic, political, and property indicators. Finally, the document summarizes real estate trends and opportunities across various African countries and cities, noting growing urbanization, infrastructure needs, a rising middle class, and expanding retail sectors.
Mobile and apps in corporate communicationsComprend
Making perfect use of mobile channels for corporate communications, investor relations, B2B, B2C and B2E. A workshop presentation from the KWD Webranking event 2014.
Lancaster County PA Economic Forecast--High Associates Ltd. 02-12-2014highadmin
This document summarizes 2013 macroeconomic assumptions and national real estate market conditions. For 2013, GDP growth was estimated at 2.7% with unemployment projected to decline from 7.9% to 6.7% nationally. Across real estate sectors, apartments rents exceeded pre-recession peaks while industrial saw strong absorption. Office occupancy recovered in central business districts with suburban office on a slower recovery path. Cap rates declined across all sectors as equity investment remained abundant seeking "core" and "value added" deals.
WSO2Con Asia 2014 - Exploiting the Digital Storm WSO2
The document discusses the opportunities for digital services in emerging Asian markets as connectivity and devices increase dramatically. It notes that Asia will see major economic growth driven by a large new middle class, with smartphones becoming widely affordable. However, there are also large disparities in income and development within Asia. Digital services can help bridge these gaps but must focus on affordability, applicability to local needs, availability across urban and rural areas, and building affinity with diverse customer groups. Mobile services in particular have significant untapped potential if user experience challenges can be overcome through open API frameworks that enable new engagement models, micro-transactions, and linking of digital enterprises with customers. Case studies from Sri Lanka demonstrate how mobile money, insurance and voucher services are beginning
This document discusses the results and benefits of regional scenario planning. It provides examples of scenario planning processes in the Wasatch Front region of Utah and the Portland, Oregon metro area. Scenario planning can influence spending on transportation and development policies, lead to economic development opportunities, and influence regional leaders. The examples show how scenario planning led to increased transit ridership, preserved farmland, reduced vehicle travel, and supported biking and compact development. Factors like mixed uses, density, and amenities were important to making growth concepts successful.
Dynamic Neighborhoods: New Tools for Community and Economic DevelopmentRWVentures
This document discusses a neighborhood taxonomy project conducted by Living Cities and RW Ventures. It aims to develop a comprehensive neighborhood taxonomy and measurement of neighborhood change. The project measures change using a repeat sales index, examines overall patterns of change, and analyzes drivers of change. Key findings include: 1) neighborhood change is a gradual process but some neighborhoods experience substantial shifts; 2) regional effects account for about 35% of neighborhood changes; 3) the primary driver of change is the movement of people into neighborhoods with undervalued housing and good fundamentals.
Dynamic Neighborhoods: New Tools for Community and Economic DevelopmentRWVentures
Chicago TREND (Transforming Retail Economics of Neighborhood Development) combines innovative predictive analytics, deal brokering and financial products to support "retail on the leading edge" of emerging neighborhood markets. The new initiative - including partnerships with ICSC, Nielsen, Econsult Solutions and leading retailers and developers - aims to enable retailers, developers, investors and neighborhoods to better target particular types of retail to specific changing neighborhoods offering retail opportunity that will help drive the neighborhood change. The initiative is led by Lyneir Richardson. To discuss potential retail development and partnership opportunities, please contact him at lyneir@rw-ventures.com.
So what - why does it matter if you don't identify and understand disruptive innovation in the 21st century:
Leaders are distracted by all of the calls of "disruption". (Think "Dug" from the move UP, "squirrel!"
Learn to quiet the hype and the distractions.
There is a process to disruptive innovation that can be learned, Pattern of Disruptions.
This process has held up time, industry, and market. It can be tracked over centuries in many cases.
This process can be demonstrated. (1) Identify disruptive innovation, using the Pattern of Disruptions (Here's a link to my article that explains it https://thenextish-com.medium.com/disruptive-innovation-took-a-turn-d4d87d7d094a)
(2) Understand how to act with strategic clarity to create and to expand markets.
(3) Develop foresight to anticipate disruptions.
Spur housing and jobs in mountain view_june 2014_2.0Adina Levin
This document summarizes the key issues around the rising cost of housing in the San Francisco Bay Area region. It discusses how housing prices have grown much faster than incomes due to high demand to live in the region combined with chronic underproduction of new housing and a difficult development process. It proposes several solutions like increasing housing production, streamlining approval processes, promoting density near transit, and protecting affordable housing. The challenges are regional in scope but solutions require action at both the local and regional levels.
2015 Tech M&A - 1H: 2015 MidYear ReportCorum Group
July 16, join us as we mark the halfway-point of 2015--another remarkable year for tech M&A, as booming public markets, resurgent IPOs, record-setting buyer cash and disruptive technologies continue to drive deal flow. We’ll look back at the notable deals, high valuations and key trends in all six tech markets and 29 subsectors. We'll also look again at the Top 10 Disruptive Technology Trends for 2015, looking at their impact so far this year. Plus, deal reports from the M&A trenches on transactions just closed in the insurance and government verticals.
This document provides tips for urban planners to effectively advocate for good urbanism and make their plans a reality. The tips are:
1) Preach to decision-makers, not just those already convinced of urbanist ideas
2) Be louder than anti-urban interests who may oppose plans
3) Defend the professional worth of urban planning to resist efforts to circumvent the planning process for political or business interests
4) Change the conversation away from cars if a discussion focuses too much on automotive infrastructure
5) Consider joining the public sector where the ability to directly implement plans may be greater than in other roles
The document summarizes the Boston Redevelopment Authority's (BRA) efforts to extend urban renewal plans in Boston through public outreach and engagement. It describes how the BRA has adapted its approach to urban renewal to focus on assembling land for development, affordable housing, infrastructure, and creating vibrant neighborhoods. It then details the extensive public process undertaken from 2014-2015, including community meetings, briefings, exhibitions, and outreach through initiatives like "City Hall to Go" to discuss goals and planning with residents before submitting extension requests to city and state agencies for approval.
Rail~Volution 2017 John Martin | Headwinds or Tailwinds?Rail~Volution
The world is going to change more in the next 10 years than it did in the last 100. At the Rail~Volution conference in September, John Martin, a national leader and futurist, took conference attendees on a look into the future, Using his firm’s research-inspired lens, he identifies not only the major headwinds, but also the positive tailwinds shaping the future of transit-oriented development and equitable, thriving communities.
Many of the topics addressed in this presentation can also be found in explained in more detail at my Blog http://techneconomyblog.com/
Gave this presentation at the Telecoms World Middle East 2014, 29th September. Had a lot of fun putting this work together and got me thinking a lot about the future of networking and the challenges we (Telcos) will be facing in preparing our networks for the next thing. This is a bout the Next Thing although its in reality "hitting" us now.
Have fun and Enjoy!
In case you have any questions or comments don't hesitate to get back to me.
This document provides an overview of chapter 1 from the textbook "Services Marketing". It discusses why the study of services is important, as services now dominate most economies and are the strongest growth area for marketing. It explains that services can be defined as economic activities that are offered to benefit customers without transferring ownership, through access to goods, facilities, skills or networks. Finally, it notes that value creation in services is dominated by intangible elements like skills and experiences rather than physical components.
Marcus & Millichap / IPA Multifamily Forum Southern California - Speaker SlidesRyan Slack
This document provides a summary of a presentation on the future of parking and transportation. It discusses trends showing that parking takes up a large amount of land in Los Angeles but cars are parked 96% of the time. Self-driving cars and shared mobility options may reduce parking needs. Studies show that actual parking demand at transit-oriented developments is lower than estimates. Shared mobility reduces private car ownership. Automated parking structures can use 40% less space and have other benefits. The presentation then discusses an adaptive garage concept and concludes with shared mobility trends.
Signal Hill, a boutique investment advisory firm serving the M&A and private capital raising needs of growth companies, has developed a benchmark of 2016 M&A activity in the middle market, with a particular focus on the technology sector.
This document discusses trends in enterprise mobility and opportunities in the mobile ecosystem. It outlines the rising trend of mobile device usage and adoption. The top five mobile trends are discussed along with how social, mobility, analytics, and cloud (SMAC) technologies are driving changes. The benefits of enterprise mobile adoption are covered. Emerging areas like MOOCs, responsive governance, mobile payments, and the mobile development ecosystem are also summarized.
This presentation covers opportunities for improving transit-oriented development in Wollaston, MA. It discusses prior planning efforts, public engagement that identified priorities like walkability and new housing, and a market analysis showing demand for residential but challenges around costs. Zoning is analyzed as an impediment, and potential changes are proposed. Options for developing the MBTA parking lot are explored, recognizing the need to balance development and parking replacement. Recommendations include improving pedestrian access, public spaces, and continuing partnerships between the city and MAPC.
This document discusses emerging and frontier markets, focusing on risks and opportunities in real estate. It notes that emerging markets are characterized by increasing economic freedom, integration into the global marketplace, and expanding middle classes. However, risks are also rising due to challenges of globalization and volatility. The document then analyzes the emerging market risk index, which evaluates acquisition risks across over 40 countries. It assesses economic, political, and property indicators. Finally, the document summarizes real estate trends and opportunities across various African countries and cities, noting growing urbanization, infrastructure needs, a rising middle class, and expanding retail sectors.
Mobile and apps in corporate communicationsComprend
Making perfect use of mobile channels for corporate communications, investor relations, B2B, B2C and B2E. A workshop presentation from the KWD Webranking event 2014.
Lancaster County PA Economic Forecast--High Associates Ltd. 02-12-2014highadmin
This document summarizes 2013 macroeconomic assumptions and national real estate market conditions. For 2013, GDP growth was estimated at 2.7% with unemployment projected to decline from 7.9% to 6.7% nationally. Across real estate sectors, apartments rents exceeded pre-recession peaks while industrial saw strong absorption. Office occupancy recovered in central business districts with suburban office on a slower recovery path. Cap rates declined across all sectors as equity investment remained abundant seeking "core" and "value added" deals.
WSO2Con Asia 2014 - Exploiting the Digital Storm WSO2
The document discusses the opportunities for digital services in emerging Asian markets as connectivity and devices increase dramatically. It notes that Asia will see major economic growth driven by a large new middle class, with smartphones becoming widely affordable. However, there are also large disparities in income and development within Asia. Digital services can help bridge these gaps but must focus on affordability, applicability to local needs, availability across urban and rural areas, and building affinity with diverse customer groups. Mobile services in particular have significant untapped potential if user experience challenges can be overcome through open API frameworks that enable new engagement models, micro-transactions, and linking of digital enterprises with customers. Case studies from Sri Lanka demonstrate how mobile money, insurance and voucher services are beginning
This document discusses the results and benefits of regional scenario planning. It provides examples of scenario planning processes in the Wasatch Front region of Utah and the Portland, Oregon metro area. Scenario planning can influence spending on transportation and development policies, lead to economic development opportunities, and influence regional leaders. The examples show how scenario planning led to increased transit ridership, preserved farmland, reduced vehicle travel, and supported biking and compact development. Factors like mixed uses, density, and amenities were important to making growth concepts successful.
Dynamic Neighborhoods: New Tools for Community and Economic DevelopmentRWVentures
This document discusses a neighborhood taxonomy project conducted by Living Cities and RW Ventures. It aims to develop a comprehensive neighborhood taxonomy and measurement of neighborhood change. The project measures change using a repeat sales index, examines overall patterns of change, and analyzes drivers of change. Key findings include: 1) neighborhood change is a gradual process but some neighborhoods experience substantial shifts; 2) regional effects account for about 35% of neighborhood changes; 3) the primary driver of change is the movement of people into neighborhoods with undervalued housing and good fundamentals.
Dynamic Neighborhoods: New Tools for Community and Economic DevelopmentRWVentures
Chicago TREND (Transforming Retail Economics of Neighborhood Development) combines innovative predictive analytics, deal brokering and financial products to support "retail on the leading edge" of emerging neighborhood markets. The new initiative - including partnerships with ICSC, Nielsen, Econsult Solutions and leading retailers and developers - aims to enable retailers, developers, investors and neighborhoods to better target particular types of retail to specific changing neighborhoods offering retail opportunity that will help drive the neighborhood change. The initiative is led by Lyneir Richardson. To discuss potential retail development and partnership opportunities, please contact him at lyneir@rw-ventures.com.
So what - why does it matter if you don't identify and understand disruptive innovation in the 21st century:
Leaders are distracted by all of the calls of "disruption". (Think "Dug" from the move UP, "squirrel!"
Learn to quiet the hype and the distractions.
There is a process to disruptive innovation that can be learned, Pattern of Disruptions.
This process has held up time, industry, and market. It can be tracked over centuries in many cases.
This process can be demonstrated. (1) Identify disruptive innovation, using the Pattern of Disruptions (Here's a link to my article that explains it https://thenextish-com.medium.com/disruptive-innovation-took-a-turn-d4d87d7d094a)
(2) Understand how to act with strategic clarity to create and to expand markets.
(3) Develop foresight to anticipate disruptions.
Spur housing and jobs in mountain view_june 2014_2.0Adina Levin
This document summarizes the key issues around the rising cost of housing in the San Francisco Bay Area region. It discusses how housing prices have grown much faster than incomes due to high demand to live in the region combined with chronic underproduction of new housing and a difficult development process. It proposes several solutions like increasing housing production, streamlining approval processes, promoting density near transit, and protecting affordable housing. The challenges are regional in scope but solutions require action at both the local and regional levels.
2015 Tech M&A - 1H: 2015 MidYear ReportCorum Group
July 16, join us as we mark the halfway-point of 2015--another remarkable year for tech M&A, as booming public markets, resurgent IPOs, record-setting buyer cash and disruptive technologies continue to drive deal flow. We’ll look back at the notable deals, high valuations and key trends in all six tech markets and 29 subsectors. We'll also look again at the Top 10 Disruptive Technology Trends for 2015, looking at their impact so far this year. Plus, deal reports from the M&A trenches on transactions just closed in the insurance and government verticals.
This document provides tips for urban planners to effectively advocate for good urbanism and make their plans a reality. The tips are:
1) Preach to decision-makers, not just those already convinced of urbanist ideas
2) Be louder than anti-urban interests who may oppose plans
3) Defend the professional worth of urban planning to resist efforts to circumvent the planning process for political or business interests
4) Change the conversation away from cars if a discussion focuses too much on automotive infrastructure
5) Consider joining the public sector where the ability to directly implement plans may be greater than in other roles
The document summarizes the Boston Redevelopment Authority's (BRA) efforts to extend urban renewal plans in Boston through public outreach and engagement. It describes how the BRA has adapted its approach to urban renewal to focus on assembling land for development, affordable housing, infrastructure, and creating vibrant neighborhoods. It then details the extensive public process undertaken from 2014-2015, including community meetings, briefings, exhibitions, and outreach through initiatives like "City Hall to Go" to discuss goals and planning with residents before submitting extension requests to city and state agencies for approval.
Copenhagen has established itself as the bike capital of Denmark due to heavy investment in biking infrastructure, Denmark aims to source 50% of its electricity from wind, and Copenhagen utilizes district heating. Stockholm converted a former industrial site into Hammarby Sjostad, an eco-district with sustainable features. China has transformed through high-speed rail investment and Shanghai grew its transit lines from 4 to 14 in 10 years, while China plans to spend $360 billion on renewable energy by 2020 but also enables suburban sprawl. CNU 25 in Seattle discussed how New Urbanism can contribute to climate change through communication, knowledge expansion, new skills, and addressing key issues and opportunities.
The document lists the names of several local businesses and landmarks located in the East Rock neighborhood of New Haven, Connecticut, including grocery stores, coffee shops, a pharmacy, hardware store, hotel, theater, and park. It promotes the variety of establishments and community feel of the area.
This document discusses transportation planning and sustainable urban mobility plans. It focuses on Milan, Italy as a case study. The key points are:
1. Transportation planning has shifted from a 20th century focus on cars to a 21st century approach that also emphasizes public transit, pedestrians, bicycles, and land use planning.
2. Modern transportation planning requires a multidisciplinary approach to address the complexity of urban environments and societies.
3. Milan's sustainable urban mobility plan focuses on enhancing the existing surface public transit network through incremental improvements, rather than large infrastructure projects, given limited financial resources. The plan aims to increase commercial transit speeds by 30%.
Boston is expecting significant population growth over the next decade, requiring thousands of new housing units per year. While progress has been made in developing housing, challenges remain around affordability, speed of development, and ensuring a diversity of housing types. Regional collaboration will also be needed to address the shortage, as Boston already has the highest percentage of deed-restricted affordable housing in the nation. Moving forward, the city aims to thoughtfully accommodate growth while preserving neighborhood character, creating mixed-income communities, and maintaining access to open space and transportation options.
This document summarizes a presentation given at the CNU New England Summit on March 31, 2017. The presentation discusses how the Community of Practice for New Urbanism (CNU) has been working for years to promote walkable, mixed-use development through tactics like charrettes, form-based codes, and tactical urbanism projects. It outlines some of CNU's past accomplishments and identifies ongoing challenges around equitable development, regional disparities, and sustainability. The presenter argues CNU should create a multi-disciplinary force to address these issues through place-based solutions. Members are encouraged to advance the community by participating locally, training others, sharing ideas, writing about their work, doing tactical projects, and helping CNU events
ROBIN CHASE
Author, "Peers Inc: How People and Platforms are Inventing the Collaborative Economy and Reinventing Capitalism"
She is co-founder and former CEO of Zipcar, the largest carsharing company in the world; Buzzcar, a peer to peer carsharing service in France; and GoLoco, an online ridesharing community. She is also co-founder of Veniam, a vehicle communications company building the networking fabric for the Internet of Moving Things.
This document discusses financing options for urban development projects that fall outside typical financing models. It provides an example of a typical annual operating budget and funding gap for a sample project. New markets tax credits and historic tax credits can help fill funding gaps. Tenant-financed housing models in walkable urban areas may have lower initial and ongoing costs compared to suburban or rural options.
This document discusses challenges and lessons learned from retail developments near transit. It notes that access, visibility, tenant mix and the physical environment are key to retail success but that developments often provide too much parking, are located too far from transit, and have poor tenant mixes. The document examines case studies of developments with these issues, including an urban big box center 1/4 mile from transit that had high vacancy rates. It concludes that providing the right density, mix of uses and limiting parking can lead to more successful transit-oriented developments.
Principles of Lean Manufacturing and Lean Startups applied to real estate development:
Waste in development, zoning, and permitting
Fixed costs and switching costs -- and why they present a problem for both cities and developers
Default bias in the permitting process -- populist permitting vs. the pink zone
Tools for developers: incrementalism, successional development, and build-measure-learn
WalkUP Roslindale is a community group founded last April that aims to make Roslindale, MA the most walkable neighborhood in Boston. The group has over 270 Facebook friends and 170 Twitter followers. Their mission is to promote walkability in collaboration with neighbors. Some achievements include engaging developers to support walkability projects, conducting a visioning session and survey for a proposed walking path connecting to the Arnold Arboretum, hosting a film series about urban policies, and performing a walk audit of Roslindale Square to identify priorities to address with city officials. Challenges include gaining support from agencies and overcoming concerns about reducing parking for walking/biking.
This document discusses strategies for revitalizing small towns based on a presentation given in Providence, Rhode Island. It notes that demographics in many small towns, such as educational attainment and poverty levels, have been trending negatively in recent years. The presentation advocates reasserting the value of local assets like riverfronts and engaging citizens. It also recommends adopting new development rules like form-based codes, using funding tools to shift markets and support existing businesses and mixed-use projects. Specific strategies discussed include partnering with outside groups on projects, establishing new transportation centers and connections to reduce car dependency.
This document discusses the role of art and culture in community development. It outlines the history and programs of AS220, a nonprofit arts organization in Providence, Rhode Island, that has supported local artists since 1985 through galleries, live arts, youth programs, industries, and live/work spaces. The document questions whether art and culture should solely be a means to economic ends or if it can be the means of community development in its own right through supporting artists and creative practices.
This document discusses demographic trends in New England and their implications for urbanism. It notes that Lower New England (CT, RI, MA) is more ethnically diverse, younger, and has a higher percentage of smaller households and renters, while Upper New England (ME, NH, VT) is less diverse, older, and has a higher rate of homeowners. It focuses on the rise of millennials and their preferences for urban living, as well as trends like delaying homeownership and marriage that impact housing demand.
The document discusses the challenges of defining 21st century urbanism and addressing issues of equity. It argues that while density can provide economic, health, and environmental benefits, urban revival has primarily benefited some groups. To define 21st century urbanism, communities must be empowered to access opportunities while tackling challenges like economic inequality. Density must be approached with an equity focus to ensure its benefits are shared by all.
Preliminary results of MyUSQ survey, assessing the user experience of Union Square. Presented by Philip Parsons at the September 13 event "After the Mobility Revolution".
More from New England Chapter of the Congress for the New Urbanism (20)
1. The 2014 Urbanism Summit!
The Invisible Asset Class Initiative
Reviewing the Literature and Supporting Research
• Influences on Residential Land Prices
• Performance of Commercial Mortgages
• CMBS Performance with Delinquency and Foreclosure
• Walkability Premium in Commercial Real Estate
• Sustainability Features and Mortgage Default Risk
Presentation by Mark Troen, Senior Consultant, Brookwood Group LLC
Adjunct Professor, NYU Schack Institute of Real Estate
2. The 2014 Urbanism Summit!
Influences on Residential Land Prices
Micro-Neighborhood Externalities and Hedonic Housing Prices,
Mingche M. Li & H. James Brown, Land Economics, 1980"
3. The 2014 Urbanism Summit!
Performance of Commercial Mortgages
Four-Quarter Rolling Return 1974:4-1990:4 (%)
ndustrial Apartment Office Retail Mixed-U e Hotel
M an 10.81 10.79 10.72 11.29 11.54 9.91
Horiz n
Annualized Performance Period Ending 1990:4 (0/0)
(yr) Industrial Apartment Office Retail Mixed-U e Hote)
1 6.16 7.75 4.77 .47 4.30 6.02
3 7.77 8.17 7.04 9.44 10.96 6.03
5 7.62 8.56 7.46 9.76 13.63 7.27
10 12.56 12.41 12.14 13.15 13.75 11 .07
17 10.54 10.60 10.38 11. 12 11.40' 9.59c
a Series tart 1974:4. h
ene .tart 1975:1. c: S rie ' i 16 yr .
The Performance of Commercial Mortgages, Brian A. Ciochetti
& Kerry D. Vandell, Real Estate Economics, 1999"
4. The 2014 Urbanism Summit!
CMBS Data – Delinquencies
Mixed-Use Delinquencies and Foreclosures, "
Alan Todd, Bank of America, 2013"
0%
2%
4%
6%
8%
10%
12%
Apr-04 Apr-05 Apr-06 Apr-07 Apr-08 Apr-09 Apr-10 Apr-11 Apr-12 Apr-13
Mixed Use 60+ DQ Universe 60+ DQ
5. The 2014 Urbanism Summit!
CMBS Data – Foreclosure / REO
Mixed-Use Delinquencies and Foreclosures, "
Alan Todd, Bank of America, 2013"
0%
2%
4%
6%
8%
10%
12%
Apr-04 Apr-05 Apr-06 Apr-07 Apr-08 Apr-09 Apr-10 Apr-11 Apr-12 Apr-13
Mixed Use FC/REO Universe FC/REO
7. The 2014 Urbanism Summit!
Walkability Premium in Commercial RE
The Walkability Premium in Commercial Real Estate Investments,
Gary Pivo & Jeffrey D. Fisher, Real Estate Economics, 2011"
8. The 2014 Urbanism Summit!
Loan Risks & Sustainability Features
“The Effect of Transportation, Location, and Affordability Related
Sustainability Features on Mortgage Default Prediction and Risk in
Multifamily Rental Housing”, Journal of Sustainable Real Estate, 2013
• Predicting mortgage default based upon sustainability variables
Dr. Gary Pivo, Professor of Urban Planning and Professor of
Renewable Natural Resources at the University of Arizona
9. The 2014 Urbanism Summit!
Loan Risks & Sustainability Features
• Sustainability Variables - location dependent:
– Walkability / Walk Score®
– Commuting time
– Auto dependence
– Adjacency to mass transit
– Exposure to pollution (freeway access)
– Proximity to open space
– Proximity to retail establishments
• Affordability – non-location dependent
10. The 2014 Urbanism Summit!
Loan Risks & Sustainability Features
• Control Variables
– Loan characteristics
– Property characteristics
– Neighborhood characteristics
– Borrower characteristics
– Regional and national economy
– Collinearity
11. The 2014 Urbanism Summit!
Sustainability and Default Risk
Summary of Sustainability Effects on Default Risk in Multifamily Mortgages
Variable Definition
Effect on Relative
Risk of Default
AFFORDABLE Property meets FNMA definition for affordable housing 61.9% less
WALKSCORE > 80 Property has a Walk Score greater than 80 60.3% less
SUBWAY30 At least 30% of workers commute by subway or elevated 58.4% less
RETAIL16 There are > 16 retail establishments in the block group 34.4% less
PROTECTED1MILE Property is located with 1 mile of protected open space 32.5% less
PCTWALK Per 5 unit increase in the percent who walk to work 15.0% less
COMMUTE TIME Per 10 minute increase in the commute time to work 45.0% more
FREEWAY1000FT Property is located within 1,000 feet of a freeway corridor 59.0% more
WALKSCORE < 8 Property has a Walk Score less than 8 121.0% more
12. The 2014 Urbanism Summit!
Conclusions
• Walkability has material consequences and financial
benefits for property investors
• Multi-family lenders can mitigate risk by gearing their
portfolios toward more sustainable properties
• Lenders can offer favorable financial terms to more
sustainable properties without increasing risk