Walkable Retail: When Old Becomes New Again - Part 2
Americans are returning to walkable neighborhoods. Property values are appreciating much faster in these types of places than they are in car-dependent areas, suggesting people are becoming increasingly willing to pay a premium to live, work, and play in walkable environments.[1] Though widespread today, this focus on walkability has been a growing trend in real estate over the past 20 years, and its impact is particularly noticeable in the case of retail activity. Retail is