Mixed-use, walkable commercial development is outpacing large-scale conventional suburban construction in every major metro area, according to the new report Foot Traffic Ahead: Ranking Walkable Urbanism in America’s Largest Metros, 2016.
For perhaps the first time in 60 years, walkable urban places in all 30 of the largest metros are gaining market share over their drivable sub-urban competition—and showing substantially higher rental premiums, the report says.