When it comes to real estate, the mantra has always been "location, location, location". But now, as congestion and sprawling development increase rapidly, that mantra is being modified to include "accessibility".
"The severe traffic congestion, which is getting worse every year as the number of cars on the roads increases, particularly in Johannesburg, could soon negatively affect property values for all property types, including retail, office and residential property."
"New office blocks, for instance, and large regional shopping centres in congested areas are becoming increasingly less accessible for office workers and shoppers, who may spend several hours trying to reach these destinations."
"The solution may lie in the creation of more mixed-use developments where people can live, work and play in the same area."
Read the full story: Congestion creeps up on property values
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Northwest rail fans eager for Sept. 30 debut of Amtrak’s Airo fleet
Get ready for that new train smell and more seats. But they won’t go faster or run more frequently on the Cascades route in Washington and Oregon.
Record-breaking wildlife overpass in Colorado brings 91% reduction in animal collisions
Prior to the overpass, vehicles were hitting one deer per day on Colorado’s Interstate 25.
Detroit to transform waterfront with $2.2 billion investment
Developers will convert about 18 acres of unused parking lot space into civic spaces.
‘Going backwards:’ Baltimore mayor, students rally against state's transit funding plan
Maryland's proposed six-year plan provides no funding for Baltimore’s BMORE bus program and reduces its road maintenance funding.
Trump wants to cancel nearly 98% of funding for HUD housing support program
Multiple housing groups are suing the administration in an effort to preserve the funding.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Thousand Oaks
City of Wisconsin Rapids
Harvard University Graduate School of Design
The Architects Foundation
University of Cincinnati Online
Northern Illinois Transit Authority (NITA)
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello