On our journey from Cincinnati to Columbus to Cleveland for the joint ULI/GOPC/LOCUS event series, “Advancing Ohio’s Urban Agenda: Walkable Communities for Globally Competitive Cities,” trends amongst the three cities became apparent as participants engaged in the dialogue about addressing the market demand for walkable development in Ohio. We were able to capture some of these trends in both text and film (yes, videos are coming!) form and would like to share some of the key highlights with you.
Highlights from the Events:
- Millennials (aka Generation Y) are shifting market demand and cities in Ohio must meet that demand for walkable, urban development in order to remain globally competitive.
- As more walkable development (approximately 100-500 meters in diameter of mixed-use, pedestrian-friendly development) is added to areas, their property values increase and the local market improves.
- Transportation drives development. If developers build quality products in the right locations with access to urban-friendly transportation systems, they will get a price premium. Seventy percent of ballots across the nation to increase sales tax to fund public transportation have passed.