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“The growth in e-commerce is driving up demand for smaller industrial spaces nearer to cities so fulfillment firms can quickly get their products to customers, but it remains to be seen if fulfillment centers will start operating in suburban neighborhoods.”
This report discusses 761 walkable urban places in the United States' 30 largest metropolitan areas and their impact on social equity and educational attainment, and their economic impact on office, retail, and housing land uses.
There is a growing market for pedestrian- and transit-oreinted development. This article outlines existing literature in order to assess how increased demand for these types of developments is impacting land value. It also includes suggestions for further research on the topic.
This paper provides a review of recent studies of rail transit's impact on property values and discusses the types of impacts rail transit can have on properties. It also outlines the reasons for contradictions between results of different studies.
The growth of e-commerce in the past led to a decrease in brick-and-mortar retail presence, but it appears as if the tides are changing in favor of re-investing in the physical retail market. The line between online and physical commerce is beginning to blur, and companies such as Amazon aim to combine their strategies to expand in both markets.
One-day and same-day deliveries are causing companies to need warehouse space closer to the dense urban areas they are serving. However, this land is scarce, expensive and involves a long development process.
“Retailers and logistics firms are establishing warehouses closer to large urban centers to keep up with rising consumer demand for faster delivery of products ordered online.”
Logistics development company Prologis has built the first multi-story industrial warehouse in the U.S. just south of Seattle. Other multi-story warehouses have been planned or proposed in New York City, San Francisco and Los Angeles as growing e-commerce demands faster deliveries.
2019 saw a record number of retail store closings, however the actual retail square footage was not proportionally impacted. This emerging trend is due to smaller tenants opening more stores and retailers shedding space in order to improve sales productivity.
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