Active Transportation and Real Estate: The Next Frontier

Active Transportation and Real Estate

Active Transportation and Real Estate: The Next Frontier explores the interconnections among walking, bicycling, and real estate development. It showcases the growing synergies between real estate development and bicycle and pedestrian infrastructure investments.

Across the globe, developers are seizing a competitive advantage by leveraging growing interest in biking and walking among residents and tenants. And municipalities are promoting health, equity, and sustainability by investing in active transportation infrastructure projects, such as trails and greenways – investments which can create real estate value and promote economic developments.

Is “Trail-Oriented Development” the next TOD?

 

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About the Report

The report features:

  • A summary of economic development, quality of life and infrastructure investment trends in active transportation.
  • Ten case studies profiling development projects that include significant bicycling and walking amenities.
  • Five case studies showcasing recent investments in active transportation infrastructure that have catalyzed adjacent development.
  • A summary of the active transportation features and amenities included in the development project profiles, such as dedicated bicycle storage areas, bicycle workrooms, bike valet services and project investments in public active transportation infrastructure.
  • A set of shared themes among profiled bicycle and pedestrian infrastructure projects detailing how active transportation investments can have positive economic impacts for cities and regions, while supporting public health and environmental goals and creating opportunities for the real estate industry to develop bicyclist- and pedestrian- friendly projects.

Profiled Real Estate Development Projects

  • Bici Flats: Des Moines, Iowa
  • Circa: Indianapolis, Indiana
  • Flats at Bethesda Avenue: Bethesda, Maryland
  • Gotham West: New York, New York
  • Hassalo on Eighth: Portland, Oregon
  • MoZaic: Minneapolis, Minnesota
  • Ponce City Market: Atlanta, Georgia
  • Silver Moon Lodge: Albuquerque, New Mexico
  • 250 City Road: London, United Kingdom
  • Westwood Residences: Singapore

Profiled Catalytic Bicycle and Pedestrian Infrastructure Projects

  • The Circuit Trails: Southeastern Pennsylvania and southern New Jersey
  • Cycle Superhighways (Supercykelstier): Copenhagen, Denmark
  • Cycle Superhighways: London, United Kingdom
  • The Midtown Greenway: Minneapolis, Minnesota
  • Bicycle Sharing: Paris, France; Montreal, Canada; Hangzhou, China

Media Links

Curbed Philadelphia | “How Bike Trails Became Philly Real Estate’s Most Valued Amenity,” April 12, 2016

Indianapolis Business Journal | “Urban Land Institute lauds Milhaus’ Circa for bike-friendly features,” March 30, 2016

MuniNet Guide | “Worth the Walk: Investments in Active Transportation Infrastructure Provide Local Economic Benefits,” April 5, 2016

Portland Business Journal | “New report: Developers are betting more on bikes – and seeing big benefits,” March 30, 2016

Philadelphia Magazine | “The Circuit as Catalyst for Development,” April 18, 2016

Tampa Bay Business Journal | “Those blue Coast Bikes all over downtown Tampa could be a boon to your business,” March 31, 2016

Washington Post | “First came transit-oriented communities, now it’s ‘trail-oriented’ development,” March 29, 2016

Learn More

Have questions about Active Transportation and Real Estate: The Next Frontier? Please email health@uli.org.

Supporters

ULI is grateful to the Colorado Health Foundation for its support of this project and the ULI Building Healthy Places Initiative, as well as to the Randall Lewis Health Policy Fellowship Program for its assistance with research.

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