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The Option of Urbanism: Investing in a New American Dream
Americans are voting with their feet to abandon strip malls and suburban sprawl, embracing instead a new type of community where they can live, work, shop, and play within easy walking distance. In The Option of Urbanism visionary developer and strategist Christopher B. Leinberger explains why government policies have tilted the playing field toward one form of development over the last sixty years: the drivable suburb. Rooted in the driving forces of the economy—car manufacturing and the oil industry—this type of growth has fostered the decline of community, contributed to urban decay, increased greenhouse gas emissions, and contributed to the rise in obesity and asthma.
Highlighting both the challenges and the opportunities for this type of development, The Option of Urbanism shows how the American Dream is shifting to include cities as well as suburbs and how the financial and real estate communities need to respond to build communities that are more environmentally, socially, and financially sustainable.
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The Option of Urbanism: Investing in a New American Dream
Americans are voting with their feet to abandon strip malls and suburban sprawl, embracing instead a new type of community where they can live, work, shop, and play within easy walking distance. In The Option of Urbanism visionary developer and strategist Christopher B. Leinberger explains why government policies have tilted the playing field toward one form of development over the last sixty years: the drivable suburb. Rooted in the driving forces of the economy—car manufacturing and the oil industry—this type of growth has fostered the decline of community, contributed to urban decay, increased greenhouse gas emissions, and contributed to the rise in obesity and asthma.
Highlighting both the challenges and the opportunities for this type of development, The Option of Urbanism shows how the American Dream is shifting to include cities as well as suburbs and how the financial and real estate communities need to respond to build communities that are more environmentally, socially, and financially sustainable.
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The Option of Urbanism: Investing in a New American Dream
Americans are voting with their feet to abandon strip malls and suburban sprawl, embracing instead a new type of community where they can live, work, shop, and play within easy walking distance. In The Option of Urbanism visionary developer and strategist Christopher B. Leinberger explains why government policies have tilted the playing field toward one form of development over the last sixty years: the drivable suburb. Rooted in the driving forces of the economy—car manufacturing and the oil industry—this type of growth has fostered the decline of community, contributed to urban decay, increased greenhouse gas emissions, and contributed to the rise in obesity and asthma.
Highlighting both the challenges and the opportunities for this type of development, The Option of Urbanism shows how the American Dream is shifting to include cities as well as suburbs and how the financial and real estate communities need to respond to build communities that are more environmentally, socially, and financially sustainable.
Christopher B. Leinberger is a developer, professor, consultant, and author whose work has focused on making progressive development profitable. He is currently a Visiting Fellow at the Brookings Institution and is director of the Graduate Real Estate Program at the University of Michigan. He is a founding partner of Arcadia Land Company, a progressive real estate development firm, and has written award-winning articles for publications such as The Atlantic Monthly and The Wall Street Journal.
Table of Contents
Preface ix Introduction 1 Futurama and the 20th-Century American Dream 12 The Rise of Drivable Sub-urbia 31 The Standard Real Estate Product Types: Why Every Place Looks Like Every Place Else 45 Consequences of Drivable Sub-urban Growth 63 The Market Rediscovers Walkable Urbanism 86 Defining Walkable Urbanism: Why More is Better 113 Unintended Consequences of Walkable Urbanism 138 Achieving the Next American Dream: Leveling the Playing Field and Implementing Walkable Urbanism 150 Notes 177 Index 201
