A city's pedestrian-friendliness impacts its economy, according to a report done by Christopher Leinberger and Patrick Lynch of the Center for Real Estate and Urban Analysis at George Washington University School of Business.
According to the report, walkable communities have a higher GDP, greater wealth and higher percentages of college grads (see table below). Moreover, there is a “74 premium in rent per square foot in office buildings in walkable areas.”
And the report is not only talking about cities. According to Leinberger, the traditional dichotomy of “walkable urban” and “drivable suburban” is falling out of use. Many urban areas are car-oriented and many suburbs are developing into walker-friendly spaces.
Currently, the top five cities based on the percentage of their "WalkUPs" (walkable urban places) from the total metro area and population are Washington, D.C., New York, Boston, San Francisco, and Chicago.
Click here to read the whole report and learn more.
Screenshots from Foot Traffic Ahead report
© The George Washington University School of Business 2014
Related Stories
Building Team | Mar 8, 2023
Call for Speakers: BD+C’s 2023 Women in Residential + Commercial Construction Conference
The 2023 Women in Residential + Commercial Construction conference event will take place October 25-27 in Nashville, Tenn., and will bring together more than 300 women leaders from all facets of the $1.4 trillion U.S. residential and commercial constructing sector.
Reconstruction & Renovation | Mar 8, 2023
Hoffmann Architects + Engineers receives Lucy G. Moses Preservation Award from New York Landmarks Conservancy
Hoffmann Architects + Engineers, a design firm specializing in the rehabilitation of building exteriors, announces that the historic facade rehabilitation and window replacement at the 69th Regiment Armory has been selected for the Lucy G. Moses Preservation Award, the New York Landmarks Conservancy’s prestigious recognition for outstanding preservation efforts.
Architects | Mar 7, 2023
David Chipperfield named 2023 Pritzker Architecture Prize laureate
Widely regarded as architecture's highest honor, the 2023 Pritzker Architecture Prize has been awarded to UK-based architect David Chipperfield. In honoring Chipperfield with the award, the Pritzker Prize jury cited the architect's "commitment to an architecture of understated but transformative civic presence and the definition—even through private commissions—of the public realm."
Multifamily Housing | Mar 7, 2023
Multifamily housing development in Chicago takes design inspiration from patchwork and quilting
HUB 32, a 65-unit multifamily housing development, will provide affordable housing and community amenities in Chicago’s Garfield Park neighborhood. Brooks + Scarpa’s recently unveiled design takes inspiration from the American tradition of patchwork and quilting.
Industrial Facilities | Mar 6, 2023
The largest planned logistics and business park in North America gets under way in Southern California
The $25 billion World Logistics Center will boost the supply chain capabilities of Southern California and will serve as a distribution center for destinations across the continent.
Healthcare Facilities | Mar 6, 2023
NBBJ kicks off new design podcast with discussion on behavioral health facilities
During the second week of November, the architecture firm NBBJ launched a podcast series called Uplift, that focuses on the transformative power of design. Its first 30-minute episode homed in on designing for behavioral healthcare facilities, a hot topic given the increasing number of new construction and renovation projects in this subsector.
K-12 Schools | Mar 6, 2023
Benefitting kids through human-centric high school design
Ingrid Krueger, AIA, LEED AP, shares why empathetic, well-designed spaces are critical in high schools.
Adaptive Reuse | Mar 5, 2023
Pittsburgh offers funds for office-to-residential conversions
The City of Pittsburgh’s redevelopment agency is accepting applications for funding from developers on projects to convert office buildings into affordable housing. The city’s goals are to improve downtown vitality, make better use of underutilized and vacant commercial office space, and alleviate a housing shortage.
Student Housing | Mar 5, 2023
Calif. governor Gavin Newsom seeks to reform environmental law used to block student housing
California Gov. Gavin Newsom wants to reform a landmark state environmental law that he says was weaponized by wealthy homeowners to block badly needed housing for students at the University of California, Berkeley.
Green Renovation | Mar 5, 2023
Dept. of Energy offers $22 million for energy efficiency and building electrification upgrades
The Buildings Upgrade Prize (Buildings UP) sponsored by the U.S. Department of Energy is offering more than $22 million in cash prizes and technical assistance to teams across America. Prize recipients will be selected based on their ideas to accelerate widespread, equitable energy efficiency and building electrification upgrades.
