from Lynn LaChapelle
Managing Director, Capital Markets
On the heels of Paul’s earlier comments, the New Demographics and Real Estate session brought to light how changing demographics will continue to alter the landscape and the premise behind the American dream —moving to the suburbs is alive and well.
As urban families with young children approach school age, they will continue their flight to the suburbs in search of good school systems and a lower cost of living.
Employers will follow their employees into the suburbs and the urban areas will see continued growth and expansion of employment centers. Each employment center will become an expanded urban node with numerous amenities citing the “live, work, play” model. Los Angeles’ Century City, downtown and Burbank were cited as examples.
Look for growth in the “middle” cities such as Kansas City, Indianapolis and Des Moines as employees and families seek “life-style” changes.
A higher quality of life will continue to drive of our live/work decisions with an emphasis on proximity to family and shorter commute times.
Survival of this recession means getting back-to-basics.
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Quality of Life
from Lynn LaChapelle
Managing Director, Capital Markets
On the heels of Paul’s earlier comments, the New Demographics and Real Estate session brought to light how changing demographics will continue to alter the landscape and the premise behind the American dream —moving to the suburbs is alive and well.
As urban families with young children approach school age, they will continue their flight to the suburbs in search of good school systems and a lower cost of living.
Employers will follow their employees into the suburbs and the urban areas will see continued growth and expansion of employment centers. Each employment center will become an expanded urban node with numerous amenities citing the “live, work, play” model. Los Angeles’ Century City, downtown and Burbank were cited as examples.
Look for growth in the “middle” cities such as Kansas City, Indianapolis and Des Moines as employees and families seek “life-style” changes.
A higher quality of life will continue to drive of our live/work decisions with an emphasis on proximity to family and shorter commute times.
Survival of this recession means getting back-to-basics.
Like this:
This entry was posted on April 15, 2010 at 5:17 pm and is filed under General comments. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.