"Density should be part of comprehensive planning but it's difficult to sell," says Ron Myles, who runs several commercial real estate businesses and partnerships in Denver. Myles chairs the association's smart growth initiative.
Widely seen as a residential issue, it may have broader consequences for commercial real estate, Myles says.
"Anything that attempts to control or stop or limit growth has a direct bearing on the success of commercial projects," he says. "If the infrastructure isn't available to service industrial, office and other kinds of development, it puts a crimp in all areas."The association surveyed 1,000 Americans across the nation as part of its initiative to promote a solution on sprawl. It found several signs that people disagree with smart growth principles.
About 82% said they support preserving open space, but that support drops to 53% when asked if they support raising taxes to pay for the land. Similarly, 73% said they would not consider buying a house on a smaller lot for the sake of easing sprawl.
Superior design could persuade more people to live in higher-density communities, the survey found. Respondents agreed, by majorities of between 63% and 67%, that the presence of shared open spaces, many large trees or if homes were built attractively and in different styles would make high-density communities more acceptable.
However, respondents remained firmly opposed to some principles of smart growth. By majorities of 84% to 91%, respondents disapproved of developing property at higher densities or mixing commercial and residential buildings in the same neighborhoods.
The survey found that Americans like the schools and parks in their neighborhoods, but most are dissatisfied with how their communities are handling transportation. Only 43% rated the handling of traffic and congestion in positive terms.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.