Walkable Communities are the Future of Housing

Bloomberg Businessweek published an article arguing for the value in transit-oriented development, T.O.D. meaning  projects located in walkable communities with easy access to public or mass transportation. In the story, Shaun Donovan, secretary of Housing and Urban Development, said, “The ghost towns of the housing bust are places that lack transportation options, that aren’t walkable. The average family spends 52 cents of every dollar they earn on housing and transportation combined, so the biggest opportunity is in development around transportation.”

Read the article:

http://www.businessweek.com/news/2011-12-06/walk-bike-to-work-in-salt-lake-s-answer-to-suburban-nightmares.html

Similar to the SchoolStreet project, StreetScape development is committed towards delivering sustainable projects through urban infill and Transit Oriented Development.