ATLANTA—One of the hottest trends in the Southeast—and nationally, for that matter—is the renewed and growing focus on new urbanism and transit-oriented developments. It doesn't take a seasoned pundit to understand what's driving the trend, but the implications are noteworthy.
“Although they may not know these communities by name, many Millennials and Baby Boomers are seeking New Urban Traditional Neighborhoods (TNDs) and Transit Orientated Developments (TODs),” Robert Gibbs, president and CEO of Gibbs Planning Group, tells GlobeSt.com. “TNDs are compact walkable mixed-use neighborhoods that include a wide range of residential and commercial typologies.”
As Gibbs explains, it TND can include everything from a starter studio—sometimes located above a garage—to starter homes, to apartments, to large single-family residences and senior housing. This housing variety, he says, accommodates the trend for US families to move into larger or smaller homes every five years without leaving the neighborhood and their friends.
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