Demand for New Solutions

Local governments are searching for creative solutions to the challenges beset by sprawl.

Interest in conservation measures grows
In the 2002 election, 75% of state and local conservation-related ballot measures were passed, generating $10 billion.

Real estate market trends
Suburbs are “not cool anymore, they also don’t work well,” according to Pricewaterhouse Coopers LLP and Lend Lease Real Estate Investment Inc’s 2003 Emerging Trends in Real Estate. The demand for compact, walkable neighborhoods continues to outpace supply, but outdated zoning rules continue to stifle the market: local governments and developers need to create enduring main streets and real places.

Budget crisis triggers evaluation of spending
The aggregate budget shortfall for states in FY 2004 has been estimated at $85 billion. Studies in Rhode Island, New Jersey, Kentucky and elsewhere indicate that smart growth costs less than sprawl in infrastructure and services.

?