The internet has revolutionized the way property owners can market multifamily apartment buildings. However, it has also created an overwhelming and overpopulated marketplace full of competitors trying to convince potential renters why they need to live in their complex instead of yours.
Turning the tides toward sustainable habits via transportation demand management requires buy-in from so many different parties.
There's a lot of hype right now around self-driving cars, especially in transit-nerd circles. But for the average person not deeply entrenched in every small update, there are a lot of questions. On a scale from "city bus" to "Elon Musk's hyperloop," just how close to reality are autonomous vehicles? And what will they mean for cities, parking requirements, and car ownership?
The workplace is changing rapidly. The hours people spend at work are increasing (or decreasing, depending on who you ask). The needs of the average worker is changing, and with it are the responsibilities of the modern commercial real estate developer and owner.
We've suggested before that proximity to public transit is a bigger factor in searching for a multifamily apartment than in traditional home-buying. Now, we've got the data to back it all up.