* Vehicle traffic: -11%
* Foot traffic: +3.4%
* Storefront vacancy: -0.9%
* Pollution: -22%
* Revenue for mass transit: $548M
So YES this has been a huge success.
* Vehicle traffic: -11%
* Foot traffic: +3.4%
* Storefront vacancy: -0.9%
* Pollution: -22%
* Revenue for mass transit: $548M
So YES this has been a huge success.
Young people bear the brunt of that imbalance.
Be a housing fan.
Young people bear the brunt of that imbalance.
Be a housing fan.
building more housing lowers rents
Paper finds that the project resulted in the opening up other, lower cost, housing on the island, benefiting the housing market overall.
building more housing lowers rents
Our new open-access research paper in @findingspress.org investigates effects of decades of downzoning in Chicago.
Findings:
—Downzoned areas added 1/7th of the new units as comparable non-downzoned areas;
—Downzoned areas became more white & were more expensive.
Our new open-access research paper in @findingspress.org investigates effects of decades of downzoning in Chicago.
Findings:
—Downzoned areas added 1/7th of the new units as comparable non-downzoned areas;
—Downzoned areas became more white & were more expensive.
"The more properties there are, it drives all of us to lower rents and offer concessions" says the property manager pictured here.
bendbulletin.com/2025/11/11/b...