ULI Pittsburgh Blog

Active Transportation and Real Estate

Did you know that in 2014 more people bought bikes than cars or trucks?  On Monday, November 13, Active Transportation and Real Estate: The Next Frontier discussed the increase in biking and walking in American cities.  Held at the Rivers Club, this breakfast event featured keynote speaker, Ed McMahon – Senior Resident Fellow and Author, Charles E. Fraser Chair for Sustainable Development and Environmental Policy, the Urban Land Institute, who gave an overview of his publication Active Transportation and Real Estate: The Next Frontier.

Defined as “non-motorized transportation,” McMahon discussed how active transportation will change the city scape, focusing on the interconnection of biking, walking and real estate.  McMahon highlighted trail oriented development, the idea that real estate value increases when it is near a bike path.  Additionally, McMahon listed several benefits for cities that invest specifically in creating bike lanes including an increase in retail consumption and tourism.  Further, bike lanes are more affordable to create than highways.

After the conclusion of McMahon’s presentation, the second half of the program featured Table Talk with Pittsburgh Trailblazers.  Rather than a traditional panel discussion, the event included round table discussions, each guided by a local Pittsburgh expert in active transportation.  Moderated by ULI Pittsburgh Vice Chair, Tamara Dudukovich of BNY Mellon, the tables discussed how they see the use of active transportation increase in Pittsburgh and what has to change to increase the trend.

Thanks to our Trailblazers for making this event truly unique: Scott Bricker – Bike Pittsburgh | Adams Carroll – Healthy Ride Pittsburgh | Rebecca Flora – ReMake Group | Angela Martinez – City of Pittsburgh Department of Mobility and Infrastructure | Breen Masciotra – Port Authority of Allegheny County | Chris Sandvig – Pittsburgh Community Reinvestment Group | Ken Zapinski – Allegheny Conference on Community Development

 

Curious about upcoming programs? | Want to help organize future events? | Become a local panelist | Sponsor a future program | Inquire about a leadership role… contact the District Council Office (724) 687-0707 or email: holly.muchnok@uli.org

 

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