A new report reveals that after decades of disinvestment, walkable urban places are emerging in Michigan, with Detroit-Ann Arbor and Grand Rapids leading the way.
June 24, 2015
By Michael Jackman, BUILDER Online
The report – The WalkUP Wake-Up Call: Michigan – examines the top seven metro areas across Michigan, including Detroit-Ann Arbor, Grand Rapids-Muskegon-Holland, Lansing, Jackson, Kalamazoo-Battle Creek, Saginaw-Bay City-Midland, and Flint. The research analyzes and defines the different forms and economic use of all land use across these metro areas, and then ranks the 46 walkable urban places by economic (measured by average rents) and social equity performance (measured by accessibility, opportunity and affordability).
The report uncovers a trend becoming more apparent that tells us that Michigan metro areas are moving away from drivable suburban development, which has long been the dominant form of development. This shift is evident in the rising rent and price premiums for walkable real estate that have emerged over the last several years.