Abstract and Keywords
Smart Growth, New Urbanism, and other land-use reforms are ever-growing trends altering the style of sprawling residential developments throughout the United States. Deeply rooted in traditional concepts of town and neighborhood planning, design, and development, New Urbanist communities are based on the principles of walkability, connectivity, mixed land uses and diversity, mixed housing types, quality architecture and urban design, traditional neighborhood structure, increased density, multiple transportation choices, sustainability, and quality of life. This article provides a discussion on how to assess the values and costs of New Urbanist features. In the analysis prsented in this discussion, the article reviews the history of the New Urbanism movement and a list of amenities that New Urbanists attempted to deliver. It then explores the values and costs of New Urbanist features in comparison to conventional developments. Finally, it identifies understudied areas regarding the economics of New Urbanism and subsequent future research questions.
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