Share:

Foot Traffic Ahead

9/20/2019
The 2019 Foot Traffic Ahead report provides key data and insights into walkable urbanism and its future growth momentum.

 

foot traffic banner

Market share of walkable urbanism in office, retail and multifamily product types is growing nationwide in all 30 of the largest U.S. metro areas, at the expense of drivable suburban. Real estate indicators such as rent premiums, absorption and untapped potential of suburban urbanization positively trend toward the continuation of walkable urban development. 

Key takeaways include:

  • Office, retail and rental multifamily real estate in WalkUPs (significantly walkable urban areas) produces substantial rent premiums.
  • The disconnect between supply and demand of housing within city center WalkUPs has contributed to affordability and availability challenges.
  • Higher levels of walkable urbanism are positively correlated with increased educational attainment and economic vitality.
  • Both the private and public sectors should take note of the proven resilience of walkable urban product and plan accordingly.

Related Insights

Cushman & Wakefield Video
Research • Forecast / Outlook

2020 What to Watch CRE Trends

A new decade brings new opportunities for commercial real estate, Cushman & Wakefield highlights the top 10 trends to watch in 2020.

1/10/2020
apac-cre-investments-on-track-despite-us-china-trade-tension
Research

U.S.-China Trade War Update

This Instant Insight covers the suspension of December 15 tariffs and the Phase One deal of the U.S. - China trade agreement.
Kevin Thorpe • 12/16/2019
demographics (image)
Research • Forecast / Outlook

Demographic Shifts: The World in 2030

How Boomers, Millennials and Gen Z Will Impact the Global Workplace by 2030
Dominic Brown • 1/7/2020

Would You Like To Learn More?

Our professionals are ready to provide further details on this and many other topics.