The Real Estate Economics of Walkability Components

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Publisher :
ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.:/5 (963 download)

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Book Synopsis The Real Estate Economics of Walkability Components by : Dohee Kim

Download or read book The Real Estate Economics of Walkability Components written by Dohee Kim and published by . This book was released on 2013 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyzes the association between walkability and housing value in neighborhoods of Lincoln, Nebraska in order to observe the impact of walkability as one of prominent smart growth principles in creating economic value. The study estimates walkability through walkability components in each neighborhood of Lincoln based on the Lawrence Frank walkability index model. For the housing value assessment, a hedonic regression model was created to estimate median housing value in Lincoln based on the census block group dataset. The result of the model shows that walkability components have weaker influence on estimated housing value compared to other physical, demographic, and socioeconomic attributes. Only two of the four components of walkability were statistically significant in this study: street intersection connectivity and retail floor to area ratio. Consequently, the relationship of these components of walkability, as well as other statistically significant attributes, and housing value was analyzed. It is also noted in the study that the current planning strategies of Lincoln’s comprehensive development plan, LPlan 2040, have struggled with inefficiency in their organizational framework in implementing practical smart growth. It indicates that there are still places for improving the sustainable community development plan through enhancement of local based planning indices. At this point, increasing the public awareness and getting them engaged in practical smart growth principle implementation is a key aspect of efficient policy. Application of appropriate public policy using smart growth principles is projected to attain added value and improve the overall quality of life in neighborhoods.

The Use of Patient Capital to Promote Real Estate Development in Walkable Communities

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Publisher :
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.:/5 (94 download)

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Book Synopsis The Use of Patient Capital to Promote Real Estate Development in Walkable Communities by : Francisco Gianni Traverso

Download or read book The Use of Patient Capital to Promote Real Estate Development in Walkable Communities written by Francisco Gianni Traverso and published by . This book was released on 2014 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: As expressed by several authors, walkability was essential on pre-industrial cities; streets were by necessity walkable, since everyone depended upon ready access by foot to jobs and the marketplace. Almost every use and activity had to be connected by a continuous pedestrian path. Because of industrialization and the need for efficiency, this type of fabric was replaced for an auto-dependent development type. The city grid became less connected and interactive, with streets used as service roads that connected residential zones with areas devoted to exclusive uses such as commercial or industrial. Today, there is growing evidence on the adverse impacts of this type of development and, an increasing understanding of the benefits of walkable communities, where the concept of walkable neighborhoods is receiving an important amount of attention because evidence suggests that a neighborhood's socio-physical structure is highly related public health, with walkable neighborhoods providing not only health related benefits, but also increasing social and economic development. This study explores how different policies related to real estate development, which provide equity for construction, can be used as patient capital in the early stages of a project. When compared to the usual investment model, the use of patient capital is intended to increase a project's equity to face the higher cost of development in an urban walkable setting instead of suburban development and it provides a larger time frame that might allow that neighborhood to reflect the economic and social benefits of walkability. As the analysis will show, when policies are bundled in a toolkit, sufficient patient capital can be raised for real estate development, where value is created through the larger holding period; however, this capital is available for any type of development, not promoting walkability and showing that specific policies have to be developed in order to ensure that funds are used for more and better walkable neighborhoods.

Walkable City

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Publisher : Macmillan
ISBN 13 : 0865477728
Total Pages : 321 pages
Book Rating : 4.8/5 (654 download)

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Book Synopsis Walkable City by : Jeff Speck

Download or read book Walkable City written by Jeff Speck and published by Macmillan. This book was released on 2013-11-12 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a plan for American cities that focuses on making downtowns walkable and less attractive to drivers through smart growth and sustainable design

The Walkable Dividend

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Publisher :
ISBN 13 :
Total Pages : 167 pages
Book Rating : 4.:/5 (926 download)

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Book Synopsis The Walkable Dividend by : Wesley Laurance Meares

Download or read book The Walkable Dividend written by Wesley Laurance Meares and published by . This book was released on 2014 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Until 2008, there has not been a reliable measure of the social, health, and economic impact of walkable neighborhoods. This changed dramatically when scholars were able to quantify walkability, which measures how accessible daily living activities are by foot. However, most of these studies focus on mega cities, sections of cities or on random parcel data. Absent from the literature is the impacts of walkability on mid-size cities. This dissertation seeks to fill this void by examining the impacts of walkability on neighborhood housing valuation, foreclosures, vacancy rates and socio-economic composition in Louisville, KY. This dissertation employs ordinary least squares regression, spatial regression and logistic regression in order to better understand the impact of walkability on neighborhoods in Louisville, KY from 2000-2010. The results indicate that walkability is correlated with higher housing values and lower foreclosures. In terms of socio-economic composition walkable neighborhoods tend to have smaller households compared to non-walkable neighborhoods in 2000 and 2010. Additionally, in 2010 walkable neighborhoods were more likely to have higher levels of poverty and a population with a younger median age. The results inform two policy areas for cities to pursue: 1) increase the diversity of land uses and 2) affordability options and standards.

The Economics of Place

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Publisher : The Economics of Place
ISBN 13 : 0615475558
Total Pages : 93 pages
Book Rating : 4.6/5 (154 download)

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Book Synopsis The Economics of Place by : Colleen Layton

Download or read book The Economics of Place written by Colleen Layton and published by The Economics of Place. This book was released on 2011 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Walkability Premium in Commercial Real Estate Investments

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The Walkability Premium in Commercial Real Estate Investments by : Jeffrey D. Fisher

Download or read book The Walkability Premium in Commercial Real Estate Investments written by Jeffrey D. Fisher and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the effects of walkability on property values and investment returns. Walkability is the degree to which an area within walking distance of a property encourages walking for recreational or functional purposes. We used data from the National Council of Real Estate Investment Fiduciaries (NCREIF) and Walk Score to examine the effects of walkability on the market value and investment returns of more than 4,200 office, apartment, retail and industrial properties from 2001-2008 in the USA. We found that, all else being equal, the benefits of greater walkability were capitalized into higher office, retail and apartment values. We found no effect on industrial properties. On a 100 point scale, a 10 point increase in walkability increased values by 1 to 9 percent, depending on property type. We also found that walkability was associated with lower cap rates and higher incomes, suggesting it has been favored in both the capital asset and building space markets. Walkability had no significant effect on historical total investment returns. All walkable property types have the potential to generate returns as good as or better than less walkable properties, as long as they are priced correctly. Developers should be willing to develop more walkable properties as long as any additional cost for more walkable locations and related development expenses do not exhaust the walkability premium.

Walking the Walk

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Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.:/5 (682 download)

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Book Synopsis Walking the Walk by : Joe Cortright

Download or read book Walking the Walk written by Joe Cortright and published by . This book was released on 2009 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Though housing values are still slow to rebound from the collapse of the real estate market, a new analysis from CEOs for Cities reveals that homes in more walkable neighborhoods are worth more than similar homes in less-walkable neighborhoods, pointing to a bright spot in the residential real estate market. This report analyzed data from 94,000 real estate transactions in 15 major markets provided by ZipRealty and found that in 13 of the 15 markets, higher levels of walkability, as measured by Walk Score, were directly linked to higher home values. Walkability is defined by the Walk Score algorithm (www.walkscore.com), which works by calculating the closest amenities - restaurants, coffee shops, schools, parks, stores, libraries, etc. - to any U.S. address. The algorithm then assigns a 'Walk Score' from 0-100, with 100 being the most walkable and 0 being totally car-dependent. Walk Scores of 70+ indicate neighborhoods where it's possible to get by without a car. By the Walk Score measure, walkability is a direct function of how many destinations are located within a short distance (generally between one-quarter mile and one mile of a home). The study found that in the typical metropolitan area, a one-point increase in Walk Score was associated with an increase in value ranging from $700 to $3,000 depending on the market. The gains were larger in denser, urban areas like Chicago and San Francisco and smaller in less dense markets like Tucson and Fresno.

The Walkable City

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Publisher : Routledge
ISBN 13 : 1315519194
Total Pages : 182 pages
Book Rating : 4.3/5 (155 download)

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Book Synopsis The Walkable City by : Jennie Middleton

Download or read book The Walkable City written by Jennie Middleton and published by Routledge. This book was released on 2021-08-18 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores everyday walking in contemporary urban life. It brings together important theoretical and empirical insights to understand how the ‘walkability’ of urban spaces can be imagined, planned for, and experienced. The book focuses on the everyday experiences of the urban walker, the bodily experiences of walking, and different walking research methods. It goes beyond the conventional focus on walkable places by delving into the ways in which urban space is consumed and produced through different ways of walking. Drawing on fieldwork in the UK and international secondary sources, the book examines how walking is socially and materially co-produced, focusing on pedestrian practices, infrastructures, and the social nature of walking. Chapters in the book offer key explorations of the cultural and social inclusions and exclusions of navigating the city on foot. The book considers transport planning and policy promoting pedestrian movement, pedestrian infrastructures, the politics of walking, and social interactions of urban pedestrians. The book offers vital analyses of how different but overlapping dimensions of walking and their relationship with urban space are often overlooked, and the importance of centring the lived experiences of walking in understandings of pedestrian practices. This book provides a timely contribution to the field of mobilities due to a growing interest in urban walking. It will be of interest to students and scholars of urban studies, human geography, sociology, and public health.

Strong Towns

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Publisher : John Wiley & Sons
ISBN 13 : 1119564816
Total Pages : 262 pages
Book Rating : 4.1/5 (195 download)

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Book Synopsis Strong Towns by : Charles L. Marohn, Jr.

Download or read book Strong Towns written by Charles L. Marohn, Jr. and published by John Wiley & Sons. This book was released on 2019-10-01 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new way forward for sustainable quality of life in cities of all sizes Strong Towns: A Bottom-Up Revolution to Build American Prosperity is a book of forward-thinking ideas that breaks with modern wisdom to present a new vision of urban development in the United States. Presenting the foundational ideas of the Strong Towns movement he co-founded, Charles Marohn explains why cities of all sizes continue to struggle to meet their basic needs, and reveals the new paradigm that can solve this longstanding problem. Inside, you’ll learn why inducing growth and development has been the conventional response to urban financial struggles—and why it just doesn’t work. New development and high-risk investing don’t generate enough wealth to support itself, and cities continue to struggle. Read this book to find out how cities large and small can focus on bottom-up investments to minimize risk and maximize their ability to strengthen the community financially and improve citizens’ quality of life. Develop in-depth knowledge of the underlying logic behind the “traditional” search for never-ending urban growth Learn practical solutions for ameliorating financial struggles through low-risk investment and a grassroots focus Gain insights and tools that can stop the vicious cycle of budget shortfalls and unexpected downturns Become a part of the Strong Towns revolution by shifting the focus away from top-down growth toward rebuilding American prosperity Strong Towns acknowledges that there is a problem with the American approach to growth and shows community leaders a new way forward. The Strong Towns response is a revolution in how we assemble the places we live.

Imagine a City That Remembers

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Publisher : University of New Mexico Press
ISBN 13 : 0826359779
Total Pages : 184 pages
Book Rating : 4.8/5 (263 download)

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Book Synopsis Imagine a City That Remembers by : Anthony Anella

Download or read book Imagine a City That Remembers written by Anthony Anella and published by University of New Mexico Press. This book was released on 2018 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This expanded and updated collection juxtaposes historic and contemporary photographs of Albuquerque to show diverse moments in the city's history and development.

Routledge Companion to Real Estate Development

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Publisher : Routledge
ISBN 13 : 1317428447
Total Pages : 536 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Routledge Companion to Real Estate Development by : Graham Squires

Download or read book Routledge Companion to Real Estate Development written by Graham Squires and published by Routledge. This book was released on 2017-09-07 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real estate development shapes the way people live and work, playing a crucial role in determining our built environment. Around the world, real estate development reflects both universal human needs and region-specific requirements, and with the rise of globalization there is an increasing need to better understand the full complexity of global real estate development. This Companion provides comprehensive coverage of the major contemporary themes and issues in the field of real estate development research. Topics covered include: social and spatial impact markets and economics organization and management finance and investment environment and sustainability design land use policy and governance. A team of international experts across the fields of real estate, planning, geography, economics and architecture reflect the increasingly interdisciplinary nature of real estate studies, providing the book with a depth and breadth of original research. Following on from the success of the textbook International Approaches to Real Estate Development, the Routledge Companion to Real Estate Development provides the up-to-date research needed for a full and sophisticated understanding of the subject. It will be an invaluable resource to students, researchers and professionals wishing to study real estate development on an international scale.

Boomburbs

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Publisher : Rowman & Littlefield
ISBN 13 : 0815751125
Total Pages : 232 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Boomburbs by : Robert E. Lang

Download or read book Boomburbs written by Robert E. Lang and published by Rowman & Littlefield. This book was released on 2007-10-01 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: A glance at a list of America's fastest growing "cities" reveals quite a surprise: most are really overgrown suburbs. Places such as Anaheim, California, Coral Springs, Florida, Naperville, Illinois, North Las Vegas, Nevada, and Plano, Texas, have swelled to big-city size with few people really noticing—including many of their ten million residents. These "boomburbs" are large, rapidly growing, incorporated communities of more than 100,000 residents that are not the biggest city in their region. Here, Robert E. Lang and Jennifer B. LeFurgy explain who lives in them, what they look like, how they are governed, and why their rise calls into question the definition of urban. Located in over twenty-five major metro areas throughout the United States, numerous boomburbs have doubled, tripled, even quadrupled in size between census reports. Some are now more populated than traditional big cities. The population of the biggest boomburb—Mesa, Arizona—recently surpassed that of Minneapolis and Miami. Typically large and sprawling, boomburbs are "accidental cities," but not because they lack planning. Many are made up of master-planned communities that have grown into one another. Few anticipated becoming big cities and unintentionally arrived at their status. Although boomburbs possess elements found in cities such as housing, retailing, offices, and entertainment, they lack large downtowns. But they can contain high-profile industries and entertainment venues: the Los Angeles Angels of Anaheim and Arizona Cardinals are among over a dozen major-league sports teams who play in the boomburbs. Urban in fact but not in feel, these drive-by cities of highways, office parks, and shopping malls are much more horizontally built and less pedestrian friendly than most older suburbs. And, contrary to common perceptions of suburbia, they are not rich and elitist. Poverty is often seen in boomburb communities of small single-family homes, neighborhoods that once

The Routledge International Handbook of Walking

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Publisher : Routledge
ISBN 13 : 1317271106
Total Pages : 568 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis The Routledge International Handbook of Walking by : C. Michael Hall

Download or read book The Routledge International Handbook of Walking written by C. Michael Hall and published by Routledge. This book was released on 2017-07-28 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: Walking is an essentially human activity. From a basic means of transport and opportunity for leisure through to being a religious act, walking has served as a significant philosophical, literary and historical subject. Thoreau’s 1851 lecture on Walking or the Romantic walks of the Wordsworths at Grasmere in the early 19th Century, for example, helped create a philosophical foundation for the importance of the act of walking as an act of engagement with nature. Similarly, and sometimes inseparable from secular appreciation, pilgrimage trails provide opportunities for finding self and others in the travails of the walk. More recently, walking has been embraced as a means of encouraging greater health and well-being, community improvement and more sustainable means of travel. Yet despite the significance of the subject of walking there is as yet no integrated treatment of the subject in the social science literature. This handbook therefore brings together a number of the main themes on the study of walking from different disciplines and literatures into a single volume that can be accessed from across the social sciences. It is divided into five main sections: culture, society and historical context; social practices, perceptions and behaviours; hiking trails and pilgrimage routes; health, well-being and psychology; and method, planning and design. Each of these highlights current approaches and major themes in research on walking in a range of different environments. This handbook carves out a unique niche in the study of walking. The international and cross-disciplinary nature of the contributions of the book are expected to be of interest to numerous academic fields in the social and health sciences, as well as to urban and regional planners and those in charge of the management of outdoor recreation and tourism globally.

End of the Road

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Publisher : Policy Press
ISBN 13 : 1529225159
Total Pages : 212 pages
Book Rating : 4.5/5 (292 download)

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Book Synopsis End of the Road by : William Riggs

Download or read book End of the Road written by William Riggs and published by Policy Press. This book was released on 2022-05-23 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a unique look at streets as locations that can evolve to support the economic, social, cultural and natural aspects of cities. It focuses on how the power of streets can be harnessed to shape more dynamic spaces for walking, biking and living and stimulate urban vitality and community regeneration.

Integrative Approaches in Urban Sustainability

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Publisher : BoD – Books on Demand
ISBN 13 : 085014003X
Total Pages : 414 pages
Book Rating : 4.8/5 (51 download)

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Book Synopsis Integrative Approaches in Urban Sustainability by :

Download or read book Integrative Approaches in Urban Sustainability written by and published by BoD – Books on Demand. This book was released on 2024-04-10 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: Integrative Approaches in Urban Sustainability - Architectural Design, Technological Innovations and Social Dynamics in Global Contexts takes readers on an academic exploration of the complex realm of urban sustainability. This extensive book explores the significant changes in the worldwide demographic environment, documenting the swift process of urbanization that has taken place from the beginning of the 19th century. This highlights the impact of the shift from rural to urban environments on our global society, bringing both difficulties and possibilities in equal proportions. This intellectually stimulating investigation transcends mere academic inquiry. It emphasizes the need for comprehensive strategies in urban planning, combining user-focused design with inventive solutions and environmental consciousness. Key themes encompass the incorporation of eco-friendly technology, such as solar energy systems, into urban architecture, the significance of designs that prioritize pedestrians and green spaces for the development of sustainable and livable communities, and the crucial role of technological progress in energy and health management within the urban environment. This book also addresses the socioeconomic consequences of urbanization, encompassing issues such as the cost of housing and the availability of high-quality education and health care. This analysis explores the impact of urban hubs on promoting economic expansion and innovation, emphasizing the necessity for policies that balance economic progress and social fairness. This book is essential for politicians, urban planners, researchers, and everyone with an interest in the future of our cities. It presents a persuasive concept of developing urban settings that are financially prosperous, technologically sophisticated, environmentally sustainable, and socially inclusive. The tactics and concepts provided are crucial in constructing cities that can effectively address the intricate requirements of the 21st century and beyond. Participate in reimagining the potential of urban spaces and molding a future where cities thrive as vibrant centers for everyone.

Sustainability Principles and Practice

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Publisher : Routledge
ISBN 13 : 1000299996
Total Pages : 654 pages
Book Rating : 4.0/5 (2 download)

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Book Synopsis Sustainability Principles and Practice by : Margaret Robertson

Download or read book Sustainability Principles and Practice written by Margaret Robertson and published by Routledge. This book was released on 2021-02-09 with total page 654 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainability Principles and Practice gives an accessible and comprehensive overview of the interdisciplinary field of sustainability. The focus is on furnishing solutions and equipping students with both conceptual understanding and technical skills. Each chapter explores one aspect of the field, first introducing concepts and presenting issues, then supplying tools for working toward solutions. Elements of sustainability are examined piece by piece, and coverage ranges over ecosystems, social equity, environmental justice, food, energy, product life cycles, cities, and more. Techniques for management and measurement as well as case studies from around the world are provided. The 3rd edition includes greater coverage of resilience and systems thinking, an update on the Anthropocene as a formal geological epoch, the latest research from the IPCC, and a greater focus on diversity and social equity, together with new details such as sustainable consumption, textiles recycling, microplastics, and net-zero concepts. The coverage in this edition has been expanded to include issues, solutions, and new case studies from around the world, including Europe, Asia, and the Global South. Chapters include further reading and discussion questions. The book is supported by a companion website with online links, annotated bibliography, glossary, white papers, and additional case studies, together with projects, research problems, and group activities, all of which focus on real-world problem-solving of sustainability issues. This textbook is designed to be used by undergraduate college and university students in sustainability degree programs and other programs in which sustainability is taught.

Measuring Urban Design

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Publisher : Island Press
ISBN 13 : 9781610911931
Total Pages : 0 pages
Book Rating : 4.9/5 (119 download)

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Book Synopsis Measuring Urban Design by : Reid Ewing

Download or read book Measuring Urban Design written by Reid Ewing and published by Island Press. This book was released on 2013-07-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: What makes strolling down a particular street enjoyable? The authors of Measuring Urban Design argue it's not an idle question. Inviting streets are the centerpiece of thriving, sustainable communities, but it can be difficult to pinpoint the precise design elements that make an area appealing. This accessible guide removes the mystery, providing clear methods to measure urban design. In recent years, many "walking audit instruments" have been developed to measure qualities like building height, block length, and sidewalk width. But while easily quantifiable, these physical features do not fully capture the experience of walking down a street. In contrast, this book addresses broad perceptions of street environments. It provides operational definitions and measurement protocols of five intangible qualities of urban design, specifically imageability, visual enclosure, human scale, transparency, and complexity. The result is a reliable field survey instrument grounded in constructs from architecture, urban design, and planning. Readers will also find a case study applying the instrument to 588 streets in New York City, which shows that it can be used effectively to measure the built environment's impact on social, psychological, and physical well-being. Finally, readers will find illustrated, step-by-step instructions to use the instrument and a scoring sheet for easy calculation of urban design quality scores. For the first time, researchers, designers, planners, and lay people have an empirically tested tool to measure those elusive qualities that make us want to take a stroll. Urban policymakers and planners as well as students in urban policy, design, and environmental health will find the tools and methods in Measuring Urban Design especially useful.