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For Government
- Compact neighborhoods use infrastructure more efficiently, resulting in lower costs per capita to the municipality.
- Compact mixed-use neighborhoods permit more buildings, increasing the tax base.
- Traditional mixed-use neighborhoods are well lit and are used by varying groups of people, continuously throughout the day, which promotes continuous informal surveillance, discouraging vandalism and petty crime.
- The ability of children to walk to a neighborhood school reduces the cost of busing, resulting in less burden on school taxes. Likewise, the cost of trash collection and mail delivery are reduced.
- The inclusion of civic buildings, accessible by pedestrians, gives traditional neighborhoods a stronger sense of place and community pride.
For Residents
- Compact, mixed-use neighborhoods encourage walking, resulting in healthy exercise and reduced traffic congestion.
- Pedestrian oriented neighborhoods offer more opportunities for meeting neighbors, and allow many daily errands to be done without driving, reducing stress and improving quality of life.
- Driving less results in a cost saving to residents.
- Traditional neighborhoods permit both children and senior citizens to reach shopping, recreation, social and civic amenities without depending on a a car.
- Reduced amounts of utilities and roads to be maintained result in more efficient use of taxes.
For Businesses
- Placing residences adjacent to retail provides an immediate customer base.
- Business owners become members of a community.
- Mixed-use and live/ work buildings allow business owners to walk to their work rather than commuting by car.
- Small commercial spaces provide opportunities for start-up businesses.
- Businesses located in traditional neighborhoods can market themselves cooperatively, as a unique district, drawing shoppers seeking distinctive, service-oriented shopping.
For Developers
- Mixed-use projects create more leasable square footage, resulting in higher income and higher property values.
- Compact development results in higher sales per square foot, justifying higher rents.
- Residences near commercial activity reduces the need for errands to be done by car, resulting in a decreased need for parking spaces.
- Mixed-use neighborhoods allows for shared parking between businesses at different times of the day, reducing costs by not duplicating parking lots.
- Approximately 25% of consumers prefer to live in traditional neighborhoods and are willing to pay a premium to live in them.
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