![]() Counter-intuitively, WalkUPs are also associated with positive indicators of social equity, as measured by housing and transportation costs and rental/for-sale housing mix.īut as our partners at Smart Growth America point out, it’s not enough to merely document the benefits of walkability. These six metro areas also have a 52% GDP per capita premium higher than the seven lowest-ranked. Educational attainment levels are also higher in the top six walkable urban metro areas, 42% of the workforce has a college degree, compared to 31% of the workforce in the seven lowest ranked. ![]() Across metro areas, WalkUPs demand commercial rent premiums 75% higher than drivable suburban places. Indeed, the report demonstrates that metro areas with more and bigger WalkUPs are more economically successful. ![]() The demand for and benefits of walkability extend beyond these big metro areas, however. We rank the 30 largest metro areas on their current levels of walkable urbanism and find that New York City, Denver, Boston, Washington, D.C., the San Francisco Bay Area, and Chicago rank highest. metropolitan areas and shows that despite occupying less than 1% of land mass in these metro areas, WalkUPs deliver outsized economic performance. Our report identifies 761 regionally significant, walkable urban places (or what we refer to as WalkUPs) in the 30 largest U.S. Its findings suggest that to truly understand who is moving where, we should be looking at the attributes of places rather than the arbitrary jurisdictional boundaries that separate them. The report looks at growth patterns in the 30 largest metropolitan areas and provides hard evidence that more walkable places-in cities and suburbs alike-are growing in number and are in high demand. The Center for Real Estate and Urban Analysis recently released a new report, Foot Traffic Ahead 2019, that offers fresh insight into these trends. You might be getting whiplash from the latest takes: millennials, a driving force behind the revival of cities, are now fleeing for the suburbs? While the latest census data do show this geographic phenomenon, we should be careful about using an old framing–city versus suburb–to understand a new trend: the growing market for walkable urban places found both in traditional downtowns and increasingly throughout metro areas with multiple cores. ![]()
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