New Construction Now Focused on High-Density Areas

Several real estate researchers met this week to reveal a trend in Atlanta that’s a strong indicator of new building patterns in the U.S. Have we reached peak sprawl? “That new construction has taken place on less than 1 percent of the metropolitan Atlanta region’s land mass, suggesting a shift in real estate patterns from expansion at the city’s edges to denser development within its existing borders,” maintains Christopher Leinberger, a research professor with the George Washington University School of Business. An article on The AtlanticCities.com states that Leinberger’s sweeping theory that walkable development is the new normal, and that pent-up demand for it could drive the next generation of construction.

 

http://www.theatlanticcities.com/housing/2013/10/have-we-reached-peak-sprawl/7102/

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