Housing in cities centers have increased in value by 50 percent more than surrounding metro areas in the last two decades, according to the financial rating agency Fitch.
Since my was published in 2012 in what was then New Urban News, the concept has rapidly gained interest from the private and public sectors across the country.
Metropolitan Boston is poised to be one of the most walkable metro areas in the US, according to a new study by the Center for Real Estate and Urban Analysis at the George Washington University.
A trend toward more compact, walkable, living and working, both in suburbs and in cities, is combined with a rebound effect from the recession that includes some new low-density development. The former trend is larger than the latter.
Land use regulations and trillions of dollars in existing public infrastructure make alternatives to sprawl extremely difficult outside of a historic city or town.