mixed-use 101 the design of mixed-use...
TRANSCRIPT
Why Mixed-Use? Because it…
• Uses land efficiently
• Supports transit
• Enhances productivity
• Reduces traffic
• Fights global warming
• Keeps property taxes low
• Makes you smarter
• Keeps you fit and healthy
Mixed-Use is Fiscally Sound
• It would take 600-single family homes on a 150-acre subdivision to equal the tax value of the Wachovia Capital Center, which sits on 1.2 acres of land.
• Wachovia Capital Center in downtown Raleigh has 90 times the tax value per acre than the average suburban acre.
Source: Kristopher Larson and Mitchell Silver, City of Raleigh, 2008
Mixed-Use Makes You Smarter
“In fact, the crush of people living in close quarters fosters the kind of collaborative creativity that that produced some of humanity's best ideas, including the industrial revolution and the digital age.”
–Ed Glaeser (2011), Scientific American