A city's pedestrian-friendliness impacts its economy, according to a report done by Christopher Leinberger and Patrick Lynch of the Center for Real Estate and Urban Analysis at George Washington University School of Business.
According to the report, walkable communities have a higher GDP, greater wealth and higher percentages of college grads (see table below). Moreover, there is a “74 premium in rent per square foot in office buildings in walkable areas.”
And the report is not only talking about cities. According to Leinberger, the traditional dichotomy of “walkable urban” and “drivable suburban” is falling out of use. Many urban areas are car-oriented and many suburbs are developing into walker-friendly spaces.
Currently, the top five cities based on the percentage of their "WalkUPs" (walkable urban places) from the total metro area and population are Washington, D.C., New York, Boston, San Francisco, and Chicago.
Click here to read the whole report and learn more.
Screenshots from Foot Traffic Ahead report
© The George Washington University School of Business 2014
Related Stories
75 Top Building Products | Dec 16, 2019
Top Window and Door Products for 2019
Pella’s Rolscreen retractable screen and NanaWall’s HSW single-track sliding glass wall are among the 16 window and door products to make Building Design+Construction’s 2019 101 Top Products report.
75 Top Building Products | Dec 16, 2019
Top Structural Products for 2019
Inpro’s Fireline 140 fire barrier and Owens Corning’s Foamglas cellular glass insulation are among the 10 structural products to make Building Design+Construction's 2019 101 Top Products report.
75 Top Building Products | Dec 16, 2019
101 Top Products for 2019
Building Design+Construction readers and editors select their top building products for the past 12 months in the fourth-annual 101 Top Products report.
75 Top Building Products | Dec 16, 2019
Top Plumbing Products for 2019
Sloan's CX Flushometer and Zip Water's HydroTap are among the eight plumbing products to make Building Design+Construction's 2019 101 Top Products report.
75 Top Building Products | Dec 16, 2019
Top Interior Building Products for 2019
Arktura's Delta Drop ceiling and CertainTeed's Decoustics Rondolo wood panels are among the 13 new interior products to make Building Design+Construction's 2019 101 Top Products report.
75 Top Building Products | Dec 16, 2019
Top Glass and Glazing Products for 2019
SageGlass's Harmony dynamic glass and Vitro Architectural Glass's Acuity low-iron glass are among the nine new glass and glazing products to make Building Design+Construction's 2019 101 Top Products report.
75 Top Building Products | Dec 16, 2019
Top Flooring Products for 2019
Tarkett’s aviation-inspired flooring collection and J+J Flooring’s textile composite flooring are among the four new commercial flooring products to make Building Design+Construction’s 2019 101 Top Products report.
75 Top Building Products | Dec 16, 2019
Top Building Systems Products for 2019
FabricAir’s ceiling-hung fabric duct and Ellumi Lighting’s bacteria-killing lights are among the 13 new building systems products to make Building Design+Construction's 2019 101 Top Products report.
75 Top Building Products | Dec 12, 2019
Top Building Envelope Products for 2019
Sto's beetle-inspired exterior coating and Dörken Systems' UV-resistant vapor-permeable barrier are among the 28 new building envelope products to make Building Design+Construction's 2019 101 Top Products report.
Architects | Dec 10, 2019
Calling all emerging architects: Enter to win the $20,000 Forge Prize
This annual steel design competition will recognize three Finalists ($10,000 each) and one Grand Prize Winner ($20,000 total) for their novel concepts in steel-based structures. Entries are due Jan. 15, 2020.