Company OverviewAs demographic patterns change and long commutes become less attractive, the proximity from home to work and leisure is an increasingly important link to a region's quality of life. Investments by municipalities and regional taxing authorities in light rail, streetcars, bus service and bicycle paths are competing with funding typically earmarked for roads and highways.
The fabric of the American city is changing. Employers face an increasingly competitive landscape in their ability to attract and retain talented people. This reality is driving companies to grow and thrive in cities and neighborhoods that promote accessibility, convenience and a high quality of life. Employers able to capitalize on this will maintain a competitive advantage.
Environmental conversation is impacting every element of the urban form. As cities become more vertical, there is also pressure to preserve green space. As pressure mounts to reduce carbon emissions, vehicle miles traveled must also be reduced. In addition, more concentrated and vital mixed-use development will be encouraged by public policy. These trends will create increased vitality in urban neighborhoods and resurgent suburban villages.