Redefining Suburbia

26 May 2005 - 12:00pm

In the upper Midwest, a new take on suburban development is becoming a reality on 350 acres.

"Marine-on-Saint-Croix, the oldest town on the Minnesota side of the river, is the sort of place that wears its charm like a pageant winner’s sash. A chunk of the downtown rates a listing on the National Register of Historic Places. Some of the venerable architecture reflects the Scandinavian heritage of the earliest European settlers. Residents prize the combination of small-town rural beauty and an easy commute to the Twin Cities, roughly a half hour away...The town’s planning commission planted its feet and squared off to fight against a sprawling, McMansion-studded eyesore that would ruin the character of the community. Then the commission members met landscape architect Shane Coen and discovered that he was not the enemy after all. "

Source: UMass Magazine, May 26, 2005
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The decision to abandon a property is a symptom of the loss of confidence. And while abandonment certainly affects confidence among surrounding homeowners, the most important question to answer is not "how do we deal with abandoned properties?" but "what is the most cost-effective way to restore market confidence, and how do abandoned properties fit into that picture?"