LOCUS

LOCUS Member Benefits: LinkUps


At LOCUS LinkUps, smart growth deals between local leaders and real estate developers and investors get done.

When great new walkable real estate gets built, both communities and developers reap the benefits. But strong relationships are key: Smart growth-minded local leaders must connect with developers and investors—in the right place, at the right time—to get the ball rolling.

That’s where our LOCUS LinkUps come in.

In 2013, LOCUS: Responsible Real Estate Developers and Investors launched the LinkUp program to bring smart growth-minded local leaders and real estate professionals together. Through these private networking events, key players get the opportunity to discuss new smart growth deal opportunities and objectives for creating walkable, sustainable development. Every LinkUp features networking opportunities with top real estate CEOs and executives, information about available sites from local officials, and expert guidance on supporting the development of walkable places through policy change.

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Now Hiring: Intern for LOCUS Coalition

Smart Growth America is seeking an enthusiastic intern for advocacy work with LOCUS: Responsible Real Estate Developers and Investors. The intern will provide direct support to the LOCUS network of real estate developers and investors advocating for smart growth policies at the federal and regional levels. Core responsibilities include: drafting legislative summaries for network members, organizing Hill briefings and meetings, drafting advocacy materials on core network issues, managing correspondence with network members, following up with and providing materials to potential recruits, and assisting the President of LOCUS with scheduling and general administrative tasks as needed.

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Webinar Recap: Investing in Healthy Communities

Walkable real estate is a priority in downtown Indianapolis, IN. Photo via Flickr.

Across the country, public- and private-sector investment in walkability is on the rise. Join LOCUS: Responsible Real Estate Developers and Investors on October 8, 2014 for an online presentation to discuss new and innovative models for building walkable development projects that generate health and economic benefits for the entire community.

During the webinar, expert panelists Colleen Carey, president of the Cornerstone Group and Elizabeth Schilling, Senior Policy Manager at Smart Growth America will discuss every facet of the development process including:

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LOCUS announces place-based social equity and affordable housing initiative

LOCUS President Chris Leinberger introduces Place-Based Model for Social Equity
LOCUS President Chris Leinberger introduces Place-Based Model for Social Equity

This week, LOCUS: Responsible Real Estate Developers and Investors, a program of Smart Growth America, announced a three-part national strategy to address housing and social equity calling upon developers to join them in the cause. The proposed initiative would be centered around new conscious place-based social equity metrics.

The announcement came Tuesday during the third annual Walkable Urban Places Conference, co-hosted by Urban Land Institute Washington and the George Washington University Center for Real Estate and Urban Analysis. LOCUS sponsored the event along with Venable LLP.

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Developers and investors are invited to explore the next walkable places in New England

framingham-maResidents, private stakeholders and town officials are working together to revitalize Downtown Framingham, MA. Photo via Choose Framingham.

This fall, one event will offer participants the chance to find out where and how New England’s next walkable places will be built. Will you be in the room?

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FTA voices its formal support for joint development

Joint developmentTriMet’s joint development program in Portland, OR, helped build the Patton Apartments (above) on land once occupied by the Crown Motel. Photo via SERA Architects.

Developing land owned by transit agencies boosts ridership and supports local economies. So how come more agencies don’t do it?

New guidelines from the Federal Transit Administration (FTA) encourage transit agencies to do just that. In guidance issued on August 25, 2014, the FTA came out in support of joint development—cooperation between local transit agencies and real estate developers to make the most of agency-owned land. The new guidance is the first time the FTA has publicly recognized the multiple benefits of such cooperation, which include increased ridership, better transit access for the community, greater revenue for the transit agency, and broader economic development. From the document:

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Hear it from LOCUS first

The Director’s Legislative Bulletin is an exclusive, bi-monthly service with the actionable news, and data on public policies impacting smart growth real estate. As a member of LOCUS, you will receive timely updates that cuts through the noise to ensure you stay ahead of the curve.

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Inside Foot Traffic Ahead: sub-urban places and the future of walkability  

Belmar-festivalFestival Italiano in walkable sub-urban Belmar, Denver, CO. Photo via Flickr.

Walkable real estate is in high demand in America’s large metros, and tomorrow’s most successful cities will be the ones that capture that market—but the walkable places they build may not look like today’s downtowns.

In Foot Traffic Ahead, our June report co-released by our LOCUS coalition and the Center for Real Estate and Urban Analysis at the George Washington University School of Business, we ranked America’s largest metropolitan areas based on their projected future growth in development of walkable places. That list of nascent future walkable real estate hot spots included surprise contenders like Atlanta, Denver, and Los Angeles—far from the usual suspects for such rankings. Meanwhile, some famously walkable cities like Portland, Pittsburg, and Baltimore were projected to fall behind.

The difference owes to walkable sub-urban places, an unconventional category that includes both historic town-center type suburbs and modern transit-oriented developments. In our highest-projected metro areas—from Washington, DC to Atlanta, GA—a large percent of new growth is expected to take the walkable sub-urban form.

Posted in California, Colorado, District of Columbia, LOCUS, Reports | 1 Comment

Obama announces new Build America Investment Initiative

Today, President Obama announced the launch of the Build America Investment Initiative, a new government-wide initiative to invest in the nation’s transportation infrastructure by expanding opportunities for the public and private sectors to partner and better leverage each other’s resources to grow jobs and strengthen the economy.

In addition, the initiative will create the Build America Transportation Investment Center within the US Department of Transportation, tasked with providing cities and states with both the tools and other forms of technical assistance needed to create innovative financing solutions such as TIFIA to fund transportation infrastructure improvements and the support necessary to remove regulatory barriers that prevent the public and private sectors from collaborating on ways to fund infrastructure.

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2014 LOCUS Leadership Summit is a fast track to serious deal-making

The third annual LOCUS Leadership Summit: Closing the Next [Smart Growth] achieved unprecedented success by assembling over 100 top real estate developers and over 30 local elected officials from across the country at Hotel Monaco in Washington, DC last week.

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