Besides those obstacles, new urbanists must also win the approval of retailers and mortgage lenders who are more likely to prefer conventional suburban planning, the conference was told. A panel of speakers included Charlotte developer Neal Coker and Todd Mansfield, president of the Crosland Group in Charlotte.

In a published report, Coker says new urbanism can be tough to promote even in urbanized areas. He was recently lambasted in a meeting by more than 100 angry residents who object to his proposed project at Oberlin Road and Wade Avenue in Charlotte.

Coker notes that for every five people who buy a condo in his new building on Glenwood Avenue, an additional 100 would rather buy a house in the suburbs. He thinks it's understandable that he try his hand at new urbanism, but government should not try to impose new urbanism concepts at a location where it won't work. He plans to build homes, offices, shops and a movie theater in mult-tenanted buildings near some of Raleigh's oldest neighborhoods.

Continue Reading for Free

Register and gain access to:

  • 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
NOT FOR REPRINT

© 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.