An editorial from John McManus at Big Builder Online says that the downturn in the economy is pushing developers to break out of the single-family housing box and experiment with mixed-use.
McManus takes a look at the economic outlook for the construction business over the next 1-2 years and concludes that the market will stay down. However, the more adventurous, he says, will try multifamily housing:
"Most home builders have steered clear of multifamily businesses because the financial modeling and capital structures necessary are entirely different. But considering the fact that investors are clamoring to put smart capital to work in multifamily, and at least some builders have the skill sets or the adaptability to play in that real estate and construction game, it's perhaps time we'll see some builders who've coveted a multifamily operations unit--Toll Brothers, for instance--at least give it a hard look."
FULL STORY: Will Single-Family Players Sit Back as the Multifamily Opportunity Takes Shape?

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

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Ohio Forces Data Centers to Prepay for Power
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MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.

Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
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