Downtown as a neighborhood
The economic advantages to downtown from additional residential development are obvious for both landlords and businesses, but the social benefits are equally relevant. When people call downtown home, they are more likely to take an interest in downtown planning and to advocate for public-sector policies and investment. After all, these individuals represent a pool of voting constituents with a vested interest in their downtown neighborhood. Residents who live within walking distance increase the chance of spontaneous activities—such as music performances or athletic get-togethers—taking place in downtown. They also provide a reliable audience for casual events Read More
