Tag: LOCUS

LOCUS Director Christopher Coes talks walkable development at Democratic National Convention

Last month, LOCUS Director Christopher Coes joined The Hill for a policy discussion on Real Estate & the U.S. Economy at the 2016 Democratic National Convention in Philadelphia, PA. Coes joined a panel of real estate thought leaders from across the nation to …

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Introducing “Foot Traffic Ahead 2016”

There are 619 regionally significant, walkable urban places (or “WalkUPs”) in the nation’s 30 largest metro areas.

Foot Traffic Ahead 2016, released today by LOCUS in conjunction with the Center for Real Estate and Urban Analysis at the George Washington University School of Business, looked at all of them.

The new report ranks the country’s 30 largest metropolitan areas based on the amount of commercial and multi-family rental development in WalkUPs, and uses a series of forward-looking metrics to predict how walkable their future development might be. The research also uses social equity metrics like housing costs, transportation costs, and access to jobs to understand the relationship between walkability and social equity.

The research found that walkable urban market share growth in office and multi-family rental increased in all 30 metro areas between 2010-2015, while drivable sub-urban locations have lost market share.

Not surprisingly, New York City, Washington DC, Boston, Chicago, San Francisco, and Seattle ranked at the top of current areas for walkable urbanism. But the research points to other cities including Phoenix, Los Angeles, and metro Detroit as best-positioned for future growth of walkability given current efforts in those the communities.

Download the full report to see the full rankings, including which metros are getting the most out of their current development, which have the greatest momentum, and which rank the highest for social equity.

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Announcing the full speaker lineup for the 2016 LOCUS National Leadership Summit

The 2016 LOCUS National Leadership Summit, taking place June 13-15, 2016 in Boston, will bring together responsible real estate developers and investors from across the country to meet, connect with, and learn from one another. Some of the nation’s leading experts in walkable urban real estate development will be leading the conversations, and now, LOCUS is excited to introduce the full lineup of speakers who will be featured at this year’s Summit.

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FAST Act contains new ways to finance transit-oriented development

Developers have two new ways to finance transit-oriented development, like the buildings in this rendering for Triangle Transit in North Carolina. Image via Our Transit Future. On December 4, President Obama signed into law the Fixing America’s Surface Transportation (FAST) …

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Senate transportation bill expands financing for transit-oriented development

Senators Schatz, Markey and Merkley champion provision to support investment in neighborhoods near transit

The Senate passed its final six-year transportation reauthorization bill today, and included in the bill is a provision to expand the eligibility of transit-oriented development (TOD) projects for federal TIFIA financing. The provision would also expand financing for infrastructure projects that promote transit ridership, walkability, or increased private investment.

“If you took a bus or train to work today, you know how convenient it is to live and work near a transit stop,” said Christopher Coes, Director of LOCUS. “Transit-oriented development makes day-to-day life easier for millions of Americans. It’s also the backbone of regional economies across the country. The Senate’s bill will make creating new TOD projects easier, and will give more Americans the option to live and work near transit while also supporting economic growth nationwide.”

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Second regional LOCUS Leadership Summit cultivates smart growth deals and introduces new research in Michigan

Michigan-summit-blog-panel

This week, more than 200 real estate developers and local elected officials convened at the One Woodward Building in downtown Detroit for the first-ever LOCUS Michigan Leadership Summit: Closing the next [Smart Growth] Deal. Attendees represented the private, public, and non-profit sectors, and brought regional perspectives to the table.

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Speakers Announced for the LOCUS Michigan Leadership Summit

The LOCUS Michigan Leadership Summit: Closing the Next [Smart Growth] Deal, occurring June 23 in Detroit, will host over 135 real estate developers and local elected officials to share and discuss new opportunities in smart growth development and advance walkable urban communities across Michigan. LOCUS is …

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Join the 2015 LOCUS Leadership Summit for walking tours that highlight infrastructure in action

It’s Infrastructure Week here in Washington, and everyone inside the Beltway is talking about the benefits of investments in roads, bridges, and transit. In two weeks, as part of the 2015 LOCUS Leadership Summit, we’ll hold three walking tours that showcase neighborhoods transformed by investments in infrastructure—and you’re invited to join us.

hstreet2 H Street NE
One of the Washington, DC’s most historic neighborhoods, H Street has been home to legendary performance venues such as the Atlas Theatre and the H Street Playhouse. Now the center of a redevelopment renaissance—including construction of a new streetcar line—H Street NE is fighting to maintain affordability for residents both old and new.
brooklnad Brookland
This once-small neighborhood has grown steadily over the last few decades, and more recently boomed with the construction of large mixed-use development project, Monroe Street Market, one of the most prominent examples of transit-oriented development in the DC metro area.
tysons Tysons, VA
Once an “edge city” of primarily office and retail space, Tysons has taken a leap into new residential and commercial markets. The Silver Line, Metro’s most recent addition to its system, has garnered interest in mixed-use development and walkability in Tysons. Explore the newest investments toward this goal, including the Greensboro Park Place.


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Are you having trouble with the new Fannie Mae appraisal process?

LOCUS is calling on developers across the county to be apart of this discussion to share their experience with the Fannie Mae’s secondary market appraisal guidelines for small multi-family properties. With enough responses, LOCUS will convene a working group charged to develop a list of recommendations to improve Fannie Mae’s appraisal guidelines.

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See who will be speaking at the 2015 LOCUS Leadership Summit

We’re excited to introduce the some of the leading real estate executives who will be featured speakers at the 2015 LOCUS National Leadership Summit: Private Sector Solutions to the Affordability and Social Equity Crisis.

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