Skip to Navigation
Logo
Home › News and Opinion › Higher density equals higher value ›

Higher density equals higher value

  • Pro
  • Urban design
Subscriber? Log in for full article. Not a subscriber yet? Subscribe to read all articles (print + online delivery) about how to implement better cities and towns. Or, get the September 2011 issue (instant pdf download).
Issue: 
March/April 2000
Issue Date: 
Wed, 2000-03-01
Page Number: 
11
A new urbanist community is far more complex, and therefore more risky to finance, than a conventional subdivision. But with this complexity comes the possibility of creating a much greater long-term value. That’s the conclusion drawn by Tom Low, an architect in Duany Plater-Zyberk & Co.’s (DPZ) Char- lotte office, in a comparison of competing design scenarios for the site of Vermillion, a TND in Huntersville, North Carolina. In this case, both a conventional and a new urbanist site plan were completely designed and engineered, and both plans obtained permit approvals and financing. DPZ’s new urbanist plan won out, and Ver- million now has more than 30 single homes and close to 50 townhomes built and many more under contract. In the conventional development scenario, the 300 acre site is carved into only 38 lots for single family houses. With an estimated average price per unit of $200,000, the total value of the development would be $7.6 million. In the new urbanist scenario, however, single family houses are built alongside townhouses, live/work units, and apartments, 168 dwellings in all. In addition, the new urbanist plan adds a mix of uses with 64,000 square feet of office, retail, and civic buildings. At build-out,

...

Original Id: 
875
Subscriber? Log in for full article. Not a subscriber yet? Subscribe to read all articles (print + online delivery) about how to implement better cities and towns. Or, get the September 2011 issue (instant pdf download).
Share
  • Facebook Facebook
  • Twitter Twitter
  • del.icio.us del.icio.us
  • Google Google
Posted by New Urban News on 01 Mar 2000

Comments

  • About us
  • Subscribe
  • Advertise
  • E-updates
  • Cart
  • Browse Topics
    • Academics
    • Affordability
    • Architecture
    • Bicycling
    • Building
    • Civic
    • Codes
    • Community
    • Development
    • Disaster Relief
    • Economy
    • Energy
    • Environment
    • Farm/gardening
    • Finance
    • Funding
    • Global warming
    • Health
    • Highways
    • Humor
    • Infill
    • International
    • Landscape design
    • Landscape Urbanism
    • Law
    • Market trends
    • Mixed-use
    • New Urbanism trend
    • Obituary
    • Parking
    • Planning
    • Policy
    • Public Outreach/Response
    • Public space
    • Region
    • Resort
    • Retail
    • Safety
    • Security
    • Sprawl
    • Sprawl retrofit
    • Streets
    • Traditional neighborhood dev.
    • Transect
    • Transit/transit-oriented dev.
    • Transportation costs
    • Urban design
    • Vehicle miles traveled
    • Walking
    • Workplace
  • Subscribe
  • My Account
  • Log In
  • Home
  • BCT in print
  • Free Sample
  • Shop
    • Best Practices Guide
    • SmartCode Manual
    • Announcements
    • Directory
  • Topics
    • Blogs
    • CNU Update
    • Places Wiki
    • Images
  • Submit News
  • Nonprofit

Events

Urban Retail: Essential Planning, Design and Management
Jul 15, 2013 - Jul 17, 2013

MOREPOST

Jobs

Post a job.

MOREPOST

Follow us on
  • About Us
  • Contact
  • Privacy
  • Copyright 2010 New Urban News Publications

PO Box 6515, Ithaca, NY 14851-6515 | tel 607-275-3087

Site development by FreeThought Design.