Demographic Trends Now Favor Downtown

That's the headline on a piece from MSNBC.  When I started working to redevelop downtown Memphis in the mid-70s, a headline like that was unthinkable. And yet, there it is.

To quote from the article, "Most demographic and market indicators suggest that growth and development across the country are moving away from the suburban and exurban fringe and toward center-cities and close-in suburbs.

"What's behind this shift? Empty-nesters don't need the big house and don't want to mow the big lawn. High gas prices are making long commutes less practical. The urban renaissance in big cities ranging from New York to Portland, Ore. — and the revival of charming, vibrant downtowns in small cities like Missoula, Mont. — is making the bedroom suburb and the strip mall seem positively dull."

What MSNBC left out was the most obvious leading trend:  By 2000, 25 to 34 year-olds were 33% more likely than other Americans to live within a three-mile radius of the CBD (evidenced by all those double strollers in San Francisco's Mission District this weekend).

  

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