Thursday, October 27, 2011

PARK(ing) Day

MEDIA CREDIT: Jayson Mellom

California Polytechnic State University at San Luis Obispo
     (Excerpt) "Cal Poly grad students, clockwise from top, David Eng, Allen Lu, Cindy Ma and Anais Mallinge, enjoy their transformed parking space ... [on 9.16.2011].
     The park is part of a worldwide annual event called PARK(ing) Day, meant to challenge people to rethink the way streets and parking are used in urban settings."
Source: The Tribune, 9.17.2011, page B1
Walkability Increases Home Values
(Excerpt) "Homes in more walkable neighborhoods are worth more than similar homes in less-walkable neighborhoods, according to an analysis from CEOs for Cities. The report, prepared by Joseph Cortwright, is called Walking the Walk: How Walkability Raises Housing Values in U.S. Cities. Cortwright analyzed data from 94,000 real estate transactions in 15 major markets, using data provided by ZipRealty.
     According to Cortwright’s findings, houses with above-average levels of walkability command a premium of about $4,000 to $34,000 over houses with just average levels of walkability in the typical metropolitan areas studied. Just a one-point increase in walkability increased value from $700 to $3,000, depending on the market. Gains were larger in denser, urban areas such as Chicago and San Francisco and smaller in less dense markets such as Tucson and Fresno.
     In 13 of the 15 markets, higher levels of walkability were directly linked to high home values...
     Walk Score measures the number of typical consumer destinations within walking distance of a house, with scores ranging from 0 (car dependent) to 100 (most walkable). By the Walk Score measure, walkability is a direct function of how many destinations are located within a short distance. The Walk Score algorithm then assigns a 'walk score' from 0 to 100. Walk scores above 70 indicate neighborhoods where one can get by without a car."
Source: California Real Estate, October 2011, page 8.
Rhetorical question for Give Me A Moment Blog readers:
Would you be able to tolerate some types of stores having fewer parking spaces available for customers -- if those stores were located within a reasonable walking distance from a large number of homes or offices?

LIFT (Link I Found Today)
Locations with Hearing Loops installed may significantly help individuals with Telecoil (T-Coil) equipped hearing aids.

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