A mixed-use development in San Jose showcases the challenges of financing New Urbanism-inspired projects.
"City officials have not issued a report on how the...fire started...it was the costliest in San Jose's history...Flames destroyed more than 100 apartments and town houses at Santana Row, an upscale mixed-use development...demonstrate the obstacles to creating the kind of large-scale, mixed-use projects, influenced by the new urbanism philosophy, that many cities desire... City planners and urban economists across the country are clamoring for projects of this sort a series of interlocking streets where places to shop, live and work are clustered with public spaces. But paying for such ambitious projects is challenging."
Thanks to Abhijeet Chavan
FULL STORY: Fire Destroys More Than a Mixed-Use Project
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