A guest column for Quartz reveals the "Starbucks Effect" on real estate values as well as the method to the coffee vendors success.
Spencer Rascoff and Stan Humphries from Zillow share insight into the influence of that ubiquitous coffee chain, Starbucks. To sum up the impetus for the article: "Starbucks equates with venti-sized home-value appreciation. Moreover, Starbucks seems to be fueling—not following—these higher home values."
Rascoff and Humphries assign the credit for this seeming clairvoyance in real estate to the "art as much as science" of a model worth emulating. To do so, the article measures the success of Starbucks on question like the appreciation of home value near the chain's locations (the answer: much faster than the national average and homes located near Dunkin Donuts locations).
The article concludes by going inside the operations of Starbucks to reveal the work that goes into achieving the so-called "Starbucks Effect." Rascoff and Humphries find that Starbucks employs approximately 20 analytics experts and dozens of regional teams to decide where to expand.
FULL STORY: Confirmed: Starbucks knows the next hot neighborhood before everybody else does
Institutional Investors Gaining a Larger Footprint in the Housing Market, Report Says
The locations with the fastest growing populations are seeing the most dramatic increase in investor-owned single-family housing rentals.
Survey Says: U.S. Homebuyers, Especially Gen Z, Want Walkable Neighborhoods
Generation Z is leading a new push toward walkable communities, according to a recent survey by the National Association of Realtors.
Wall Street Suddenly Buying Fewer Single-Family Homes
Rising interest rates are having a major effect in the housing market—including on the large institutional investors who spent much of the past couple of years buying up single-family homes.
Coming Soon to Ohio: The Largest Agrivoltaic Farm in the US
The ambitious 6,000-acre project will combine an 800-watt solar farm with crop and livestock production.
Pennsylvania Mall Conversion Bill Passes House
If passed, the bill would promote the adaptive reuse of defunct commercial buildings.
U.S. Supreme Court: California's Impact Fees May Violate Takings Clause
A California property owner took El Dorado County to state court after paying a traffic impact fee he felt was exorbitant. He lost in trial court, appellate court, and the California Supreme Court denied review. Then the U.S. Supreme Court acted.
Dallas Surburb Bans New Airbnbs
Plano’s city council banned all new permits for short-term rentals as concerns about their impacts on housing costs grow.
Divvy Introduces E-Bike Charging Docks
New, circular docks let e-bikes charge at stations, eliminating the need for frequent battery swaps.
How Freeway Projects Impact Climate Resilience
In addition to displacement and public health impacts, highway expansions can also make communities less resilient to flooding and other climate-related disasters.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
Tufts University, Department of Urban and Environmental Policy & Planning
City of Universal City TX
ULI Northwest Arkansas
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
