This publication 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?
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
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
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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.