Raleigh's 1st Guide to Real Estate & Developments | By Thomas Kenna
The Rise of Urbanization
Sunday, August 10, 2014
Follow any news outlet, (such as the new U.N. population growth report just published in our news section), and you will see that downtown and urban living are the new "hip" trends for the young and young at heart. But is this really a shock to residents? Should we in Raleigh be afraid or opposed to the trend? For more insights, I've turned to a Chicago downtowner and resident, Gabe Klein for his take on the new "urbanization."
The Inevitable, Accelerating Rise of Urbanization
by Gabe Klein
(follow article below)
"Many Americans seem surprised when I speak about the rejuvenation of urban centers and the reimagining of the American suburb. But those of us who have been working in cities for the past decade or longer are not so surprised. In fact, among my friends I even hear some grumbling that, like a favorite hole-in-the-wall restaurant suddenly overrun with tourists who discovered it through a Yelp review, “everyone has figured out our secret” and “the millennials are taking over” now that cities have been “discovered.”
The reason we longtime urban dwellers are not surprised by this rejuvenation is manifold. For a long time we have been enjoying an amazing quality of life relatively unnoticed—with ten- to 30-minute commutes (often on foot or bike or via transit), a relatively reasonable cost of living (particularly when the higher transportation costs for living outside the city are subtracted), and the energy and stimulation afforded by a diverse population in a dense environment. This means that exciting new businesses, interesting restaurants and bars, and the culture provided by museums, music, and more are all within a walk or a bus or taxi ride.
Those of us who are students of history and cities have also known that the fluke is not that cities are making a comeback. The fluke is that cities for four or five decades became only a place in which to work. No longer were they places to live and raise a family. This mistake in planning, building, and transportation was actually temporary. The psychology goes like this: Let’s say you were born in 1950 (which makes you 64 years old) and grew up in a suburb of a city, as most people did in that era. You likely never saw the buzz of a healthy city, with streetcars running and kids riding their bikes to school. For you, it would be reasonable to see suburbanization as the trend rather a blip in a longer-running trend of vibrant city life.......continued below