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Walkable Streets Are More Economically Productive

strongtowns.org

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Re: Walkable Streets Are More Economically Productive

#2
> Streetscape enhancements add value to an area and are associated with higher rents and the attraction of new businesses. In addition there is good evidence to show that improving walking and cycling environments raises private property values by significant amounts.

Nobody doubts this. Actually everybody sees this as the problem.

I love NYC, but i also hate it. There is a price for density: crime, trash, prices, overcrowding, urban decay, poverty and homelessness, etc.

Re: Walkable Streets Are More Economically Productive

#3
This is something that certain cities have understood for many years. Chicago, for example, mandates that all new development from a simple three-story building to a 100-story skyscraper has retail at its base to improve the walkability of its streets and make its business corridors vibrant. This also helps push down retail rents even in the CBD, allowing local upstart businesses a shot at reaching the masses.

Chicago has also come around to the notion that streets aren't "for cars." Streets are public property and belong to all of the city's citizens, including the hundreds of thousands who don't own a car. CDOT evaluates streets and sometimes decides that private property storage (parking cars) isn't the best use for some of that land. So it turns parking spaces into miniature parks or seating areas, or public art.

Re: Walkable Streets Are More Economically Productive

#4

> Streetscape enhancements add value to an area and are associated with higher rents and the attraction of new businesses. In addition there is good evidence to show that improving walking and cycling environments raises private property values by significant amounts. Nobody doubts this. Actually everybody sees this as the problem. I love NYC, but i also hate it. There is a price for density: crime, trash, prices, ov…

> There is a price for density: crime, trash, prices, overcrowding, urban decay, poverty and homelessness, etc.

One does not necessarily lead to the other. Urban life is far more complex than that. There are lots of places, even in New York with high density, but low crime, poverty, etc...

Re: Walkable Streets Are More Economically Productive

#5
I've often wondered why somone moderately wealthy doesn't just start a super dense town, e.g. everything within 100 acres, and be within 10 miles of a major city.

Create tons of these at a 50K people/sqmi density and implement some sort of hub spoke transportation with the major city being the hub and it could work!

Re: Walkable Streets Are More Economically Productive

#6
post #5

I've often wondered why somone moderately wealthy doesn't just start a super dense town, e.g. everything within 100 acres, and be within 10 miles of a major city. Create tons of these at a 50K people/sqmi density and implement some sort of hub spoke transportation with the major city being the hub and it could work!

Interesting, what would incentivize people to live there, as opposed to the city?

Re: Walkable Streets Are More Economically Productive

#7

> Streetscape enhancements add value to an area and are associated with higher rents and the attraction of new businesses. In addition there is good evidence to show that improving walking and cycling environments raises private property values by significant amounts. Nobody doubts this. Actually everybody sees this as the problem. I love NYC, but i also hate it. There is a price for density: crime, trash, prices, ov…

> There is a price for density: crime, trash, prices, overcrowding, urban decay, poverty and homelessness, etc.

Density without strict oversight, perhaps. Hong Kong, Macau, and Singapore seem to be counterexamples.

Re: Walkable Streets Are More Economically Productive

#8

> Streetscape enhancements add value to an area and are associated with higher rents and the attraction of new businesses. In addition there is good evidence to show that improving walking and cycling environments raises private property values by significant amounts. Nobody doubts this. Actually everybody sees this as the problem. I love NYC, but i also hate it. There is a price for density: crime, trash, prices, ov…

Density doesn't necessarily lead to those things. For example, Tokyo is very dense, but has a low level of crime, and is quite clean. Poverty is found in urban, suburban and rural areas.

This same site has a good series of articles on suburban poverty: https://www.strongtowns.org/journal/2016/12/6/best-of-2016-s...

Re: Walkable Streets Are More Economically Productive

#9
post #6
post #5

I've often wondered why somone moderately wealthy doesn't just start a super dense town, e.g. everything within 100 acres, and be within 10 miles of a major city. Create tons of these at a 50K people/sqmi density and implement some sort of hub spoke transportation with the major city being the hub and it could work!

Interesting, what would incentivize people to live there, as opposed to the city?

Jobs. Then lifestyle.
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