The Future Aint What It Used To Be Yogi Berra Eastern Sprawl - - PowerPoint PPT Presentation

the future ain t what it used to be
SMART_READER_LITE
LIVE PREVIEW

The Future Aint What It Used To Be Yogi Berra Eastern Sprawl - - PowerPoint PPT Presentation

The Future Aint What It Used To Be Yogi Berra Eastern Sprawl Western Sprawl Eastern Density Western Density 27% of New Home Buyers2of New 7 Families with Children Projected to be 24% by 2020 75% of new homes constructed


slide-1
SLIDE 1

“The Future Ain’t What It Used To Be”

Yogi Berra

slide-2
SLIDE 2

Eastern Sprawl

slide-3
SLIDE 3

Western Sprawl

slide-4
SLIDE 4

Eastern Density

slide-5
SLIDE 5

Western Density

slide-6
SLIDE 6

27% of New Home Buyers2of New 7

  • Families with Children
  • Projected to be 24%

by 2020

slide-7
SLIDE 7

Kids and Cul-de-Sac's

75% of new homes constructed are detached single family structures

  • n lots 5000 square feet or larger
slide-8
SLIDE 8

61%

  • Single Head of Household
  • Married Couples without children
  • 50 % Single Female
  • Population over 55 years will grow by 50% by

2020

slide-9
SLIDE 9

Vibrant Mixed-use Communities

slide-10
SLIDE 10

The Crystal Ball

  • Gasoline $4.00+++ per gallon
  • Transit rider-ship up 16-40%
  • Rapidly aging population
  • Gen Y will be self-employed
  • Worldwide population will peak

by 2030

  • Quality over Quantity
  • Time deprived
slide-11
SLIDE 11

Guiding Principles- Smart Growth

  • Connectivity
  • Diversity
  • Sustainability
slide-12
SLIDE 12

Connectivity

  • Connections within the

village and the region

  • Links between land use

and transportation

  • Sidewalks, trails and bike

paths

  • Places to gather
  • Village Center
slide-13
SLIDE 13

Diversity

  • Options for people to live, work and

play

  • Variety of housing choices
  • Employment mix
  • Transportation options

– Commuter and light Rail, Bus Rapid Transit, Bus, Tram – New Roads to add more porosity – Bike lanes, sidewalks and walking trails

  • Retail opportunities
  • Civic Uses
  • Mix of residents
slide-14
SLIDE 14

Sustainability

  • Three integral elements
  • f Sustainability:

1). Social interaction 2). Economic vitality 3). Environmental stewardship

slide-15
SLIDE 15

Execution

THE PROMENADE SW VILLEBOIS DRIVE SW RAVENNA LOOP SW ORLEANS AVE. SW ZURICH ST. SW TOULOUSE ST. PIAZZA VILLEBOIS SOFIA PARK PALERMO PARK S W M O N T B L A N C SW COSTA CL. SW BARBER ST.

  • Develop products that actually meet market

demand

  • Create quality communities that will endure
  • Having a set of underlying community goals
  • Strong political will + great vision and resolute

determination = Great Communities

slide-16
SLIDE 16

Execution

THE PROMENADE SW VILLEBOIS DRIVE SW RAVENNA LOOP SW ORLEANS AVE. SW ZURICH ST. SW TOULOUSE ST. PIAZZA VILLEBOIS SOFIA PARK PALERMO PARK S W M O N T B L A N C SW COSTA CL. SW BARBER ST.

  • Employ patient equity. Great Communities
  • ften cost as much as 20-30% more than

conventional suburban development

  • “Return Of” and “Return On” Equity typically

falls outside of traditional capital’s investment period.

  • Vision Without Execution is nothing more than

a Hallucination

slide-17
SLIDE 17

Real Estate when viewed as a Long Term Asset Class

Financial Characteristics of Downtowns with Critical Mass (Blue) versus Suburban Development (Red)

0% 50% 100% 150% 200% 250% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

Time (years) Value Creation / Cash Flow ($)

Short Term Mid Term Long Term

+