Is your home a 10-minute (or less) walk from a park? One-third of Americans have a much longer trek than that to get to their nearest park, according to research by the National Recreation and Park Association, Urban Land Institute and, The Trust for Public Land.
Recently, Rachel Banner, a senior program manager at the NRPA, wrote a piece for the National Association of Realtors’ Spaces to Places blog about a year-long initiative to make more public spaces and parks available — within a 10-minute walk from every person.
Banner also talks about the Emerging Trends in Real Estate report, which revealed that while residential and commercial developers may create amenities within their buildings or spaces, that’s not necessarily what creates a lifelong resident of a city.
“The report talks a lot about the growing demand for amenities in both office and residential development. In the discussion about the report Owen Thomas, CEO of Boston Properties also remarked that while each year a new set of cities may be pegged for growth, we must look at how long those cities will remain “hot spots” and the places people stay long-term,” Ballard said. “While including amenities within a building may initially attract owners or tenants, it is the amenities outside of the building open to all that will get them to stay.” (more…)