This publication examines a growing preference to live, work, and play in mixed-use and walkable urban environments and the revival of suburban downtowns, also known as “boutique cities.” Driving this trend is the recent mortgage crisis, collapse in housing market, and change in market preferences. The publication notes that there is a growing demand for new housing located in walkable, transit-served suburban downtowns and a fading demand for detached houses on a large suburban lots.
