- Home
- Companies
- McFarland Partners
- Services
- Urban Development Services
Urban Development Services
The popularity of the urban lifestyle and the rise of smart-growth development are boosting space demand in urban areas and reshaping suburbs to make them more urban-like.
-
Shorter commutes and the allure of urban living are drawing young renters, older “empty nesters” and others back to central cities and other urban neighborhoods.
-
Urban neighborhoods mix residential and commercial land uses to create lively, walkable districts with a variety of shopping, dining and entertainment options – an experience that suburbs often have not provided.
-
Smart growth emphasizes efficient use of land and encourages redevelopment of underutilized infill sites, transit-oriented developments and high-density, master-planned communities.
-
Smart growth is key to accommodating future population increases while keeping communities livable – something that traditional suburban development is unlikely to achieve.
-
For investors, urban submarkets have higher barriers to entry and are less prone to overbuilding than lower-density areas.
-
Urban/smart-growth investments can produce a “triple bottom line” by providing community and environmental benefits that last well beyond the holding period for most investors.
