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Which attributes make a community successful?. Civic / Cultural Facilities . Urban Character . Multimodal Transportation . Walkable Streets. Parking Options. Public Spaces/Parks. Diverse Housing Types. Anchor Employer . Infrastructure Investments. Higher Education .
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Civic / Cultural Facilities Urban Character Multimodal Transportation Walkable Streets Parking Options Public Spaces/Parks
Diverse Housing Types Anchor Employer Infrastructure Investments Higher Education
Economic Benefits of Compact, Walkable Places: Findings from Brookings “Walk this Way” study 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 ChristopherB. 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: Other findings 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.
What Are Activity Centers? • Places targeted for regional growth • Urban & suburban centers, traditional towns, emerging communities • Mix of uses • Aligned with existing & future transportation network
Why do Activity Centers Matter? • StrongActivityCenters • Strong Transportation Network
Rosslyn • “Urban Center” • Major employment center • Dense, mixed-use, strong market • High rents & occupancies • High-volume Metro station • Strong street network & pedestrian infrastructure Photo: washingtonpost.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 Photo: 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 Photo: Assemblyrow.com
Sophie Mintier, Regional Planner Metropolitan Washington Council of Governments smintier@mwcog.org| (202)962-3753