Why building walkable cities is the key to economic success
By Patrick Sisson
June 24, 2019 | Curbed
Researchers examined real estate development and performance in the nation’s 30 largest metros, which contain 150 million people, or 47 percent of the total U.S. population
The bottom line? Walkable urban places, what the report calls WalkUPs, demand roughly 75 percent higher rent over the metro average, a gap that’s increasing, having grown 19 percent since 2010 alone (the report believed that growth will only continue). That includes 105 percent higher rent for office space and 121 percent higher rent for retail.