For the past eight years, the median household income in Montgomery County has remained below the level during the Great Recession. Moreover, median household incomes have yet to recover to the 1999 benchmark of $101,824 after the precipitous drop in 2010 to $96,913 (illustrated in Figure 1). The median household income – the income at which half of the households are above and half are below – adjusted for inflation, dropped 5.8 percent (-$6,063) from its peak in 2007 to $98,917 in 2015. The latest estimate is 2.9 percent lower than the adjusted 1999 median household income of $101,824. Figure 1. Montgomery County Median Household Income 1999-2015 (constant 2015 dollars) Still considered one of the wealthiest counties in the… Read more »
Excerpts from David Korten’s “Living Buildings, Living Economies, and a Living Future” from Yes! online, May 18, 2011: “Integrating multi-purpose buildings into a larger multi-building neighborhood or district system adds opportunities to develop public green spaces, community gardens, edible landscaping, and small-scale poultry and livestock production, as well as natural wetlands and living machine water purification to continuously recycle nutrients, water, and energy. Integrative projects also create opportunities to balance the utility loads of businesses, which generally have greater energy needs during the day, and residences, which have greater needs during nonbusiness hours. Bringing residences, employment, shopping, and recreation together in close proximity minimizes transportation requirements and facilitates the sharing of autos, bicycles, appliances, and tools, and community connections to… Read more »
Via Fast Company Portland has long been one of the most celebrated cities in terms of planning and sustainability. Peter Calthorpe is one of the original pioneers of transit-oriented development. In this video, Calthorpe does a nice job of succinctly laying out the principles of transit-oriented development, namely walkability and diversity of population and land use.
Earlier this winter, the New York Times ran an article on a CEO’s for Cities study revealing a substantial premium on home sale prices in areas with an above average Walkscore, the informative, if simplistic online measurement tool that ranks neighborhood “walkability” based on proximity to community services and amenities. According to the study, for every additional Walkscore point a neighborhood earns, home prices increase by $700 and $3,000. On average, highly walkable homes sold for $4,000 to $38,000 more than their auto-centric competition. This past weekend, I attempted to use Walkscore in conjunction with Zillow.com to (at least loosely) confirm the study’s findings for Montgomery County. While zip-code data gave a soft nod in the affirmative, I couldn’t find data fine-grained… Read more »
Tacking onto Elza’s post on Silver Spring’s future form, I came across this building a few weeks ago and couldn’t help but think of Fenton Village. It’s cheerful, gritty, and almost certainly would feel at home in a neighborhood that already boasts an array of colors, from the similarly red Pyramid Atlantic to the tastefully pink Jackie’s Restaurant. And while the Burnside Rocket may seem to offer little in the way of architectural distinction other than a few eccentric shutters painted by local artists (which I think are quite neat), between its crimson painted walls is a powerhouse at work. The LEED-Platinum certified structure is built both to last, approximately 300 years according to the project’s website, and operate efficiently…. Read more »