September 27, 2020 | permalink
My friends and colleagues at CREtech have published a new report on the themes we’re exploring through the firm’s consulting practice. Here’s my contribution to our recent Webinar:
The importance of physical proximity has changed, which of course impacts big cities far and wide. “If proximity to one’s job is no longer a significant factor in deciding where to live, for example, then the appeal of the suburbs wanes; we could be heading towards a world in which existing city centres and far-flung “new villages” rise in prominence, while traditional commuter belts fade away,” according to The Guardian.
The middle ground is proximity cities, a blend of suburbs and urban. Greg Lindsay, Consultant at CREtech Global Innovation Consulting Practice, is “closely following the rise of what [he calls the] ‘Proximity City’–our new hyper-local existence within 15 minutes of home.” He continues, “It’s a city most easily navigated on foot or by bicycle, one in which real estate has to do double- or triple-duty as live/work/play and formerly dormant places like parking and street space are repurposed as productive assets. Paris, Milan, and Montréal are leading the way, but there’s a real opportunity to find the long-elusive happy medium between American cities and suburbs along this model.”
There’s more where that came from at the upcoming CREtech Real Estate Sustainability Summit on September 30th at 12:40 PM EDT. Register here and tune in!
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Greg Lindsay is a generalist, urbanist, futurist, and speaker. He is a non-resident senior fellow of the Arizona State University Threatcasting Lab, a non-resident senior fellow of MIT’s Future Urban Collectives Lab, and a non-resident senior fellow of the Atlantic Council’s Scowcroft Strategy Initiative. He was the founding chief communications officer of Climate Alpha and remains a senior advisor. Previously, he was an urban tech fellow at Cornell Tech’s Jacobs Institute, where he explored the implications of AI and augmented reality at urban scale.
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