Sunday, May 31, 2009

Managing Texas' Growth Mixed-Use and Density

Managing Texas' Growth Mixed-Use and Density
By: Robert (Bob) H. Voelker
Texas Real Estate BusinessSeptember 2008

The Texas real estate market is experiencing a radical transformation brought about by the reversal of over 50 years of centrifugal forces that propelled development to the fringes of the state’s major cities. To grasp these trends, we first need to review a brief history of real estate in America.

In the early 20th Century, advances in infrastructure (water and sewer facilities, in particular) allowed for the growth of large cities. Prior to thattime, cities could not grow beyond a certain size without health issues arising from too many people living in close proximity to one another. With the advent of mass production and the need for factory workers to live close to employment centers, the trend was clearly set for in-migration from rural areas to denser inner city dwellings. The automobile was new on the scene and still too expensive for most people, so work, home, shopping and church were all placed within walking distance.

Read remainder of article --> http://www.munsch.com/files/managing_texas_growth_mixed_use_density.pdf

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