Tuesday, October 26, 2004

A TREND TOWARD TRANSIT-ORIENTED TOWNHOMES

A study by Reconnecting America’s Center for Transit Oriented Development shows that demand for compact housing near transit is likely to more than double by 2025.

Hidden in Plain Sight: Capturing the Demand for Housing Near Transit finds that across the U.S. more than 14.6 million households are likely to want to rent and buy housing near transit by 2025, double the number that live in these neighborhoods today. Meeting this demand would require building 2,100 residential units near each of the 3,971 stations included in the study.

Read more...

No comments: