Seeking the Market

By Mark Smith   – Fundamental cause missing in sprawl literature – – Fixed assets in changing markets – – Chronic sprawl is in part market inefficiency – – Development processes and techniques contribute to sprawl –  – Solution is pre enabling densification – – Many factors said to cause sprawl might be considered demand generators – – Excessive sprawl is not responsive... Read More

The New Proforma — After the Collapse

By Mark Smith Urban development entered a new era in the mid 1990s as consumers and developers began to embrace higher density development in urban locations. This is an important trend that promises better ecological outcomes and better economic outcomes for both municipalities and consumers. However, the current economic recession poses a problem relative to the much-heralded urban renaissance. The problem is in what I’ll call the New Proforma,... Read More