Real Estate Magazine - Inside Real Estate - December 2021

Page 76

La Rambla, Barcelona, Spain

Global Spotlight: The Resurgence of the 15-Minute City By Chris Dietz

T

he 15-minute city concept has made a remarkable resurgence over the last year or so. Restrictions to our usual way of life have put into sharp focus the requirement for a more balanced approach to proximity, in which access to daily necessities are within convenient reach for city residents. We have been forced to rethink our perception of density and its role in shaping cities of the future. Community Building Reimagined Stripped back to its core, the 15-minute city concept is centered around the idea that a place of work—as well as commerce, healthcare, entertainment and education facilities—should all be within a 15-minute walk or bicycle ride of one’s home. It encourages the creation of multiple neighborhoods and districts scattered throughout a city, marking a departure from planning policies of the last century that have emphasized the desirability of 74 December 2021 RISMedia’s REAL ESTATE

creating separate and isolated residential areas. Reducing our carbon dependency—in which cars and other highcarbon transport are rendered all but redundant and swapped for walks and bike rides—is a key theme. The creation of multifunctional public spaces, additional green spaces and community gardens while re-purposing our real estate are a few other key objectives from an environmental standpoint. It is a concept that is simultaneously

historic and revolutionary—marking a return to civilization’s earliest days of community building, yet entirely reimagining the way we design our future cities. First theorized by French scientist Carlos Moreno in 2014, the 15-minute city, despite a relatively muted pick-up in its early years, has been propelled into the spotlight in response to pandemic conditions and the growing environmental agenda. Paris Mayor Anne Hidalgo made it a centerpiece of her 2020 re-election campaign. Local authorities, urban planners and real estate professionals across the globe have taken kindly to the idea: Amsterdam, Barcelona, Berlin, Lisbon, Milan, New York, Singapore and Stockholm are just a few of the major forces incorporating 15-minute features into their city masterplans. Many of our 550 member firms across the globe continue to express enthusiasm for the idea as we continue research for our Sustainability Series. Global Powerhouses Lead the Charge The social and economic benefits are of noteworthy significance, namely in respect to creating mixed-use neigh-


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RE: Real Estate—2021: The

3min
pages 114-116

Service Profiles

42min
pages 102-113

Sarah Michelle Bliss

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page 101

Reed Martin – Business

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Steve Wagner and Jamie

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Verl Workman – Planning for a Successful 2022: Implementing Lessons Learned

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Verl Workman – The

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Larry Schottenstein and Chris

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Amy Hummer, Better Homes and Gardens Real Estate Steinborn & Associates

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Jim Sparkman and Mark

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Daniel Ramsey – A Day in the

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Rick Haase – The Future of Real Estate Is Now

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pages 87-88

Allen Alishahi – Moving

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page 86

Kathleen Kuhn – Giving

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pages 83-84

Carol Mellander, Broker

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Michael Minard – How to

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Wendy Forsythe – A Mindset

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Mike Ryan – American Pie: The Main Course for 2022?

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page 89

Labor Issues in Construction a Crisis for Housing

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pages 79-80

Most Metro Areas Saw Double-Digit Home Price Growth in Q3

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page 78

Leave a Lasting Impression A Guide to Closing Gifts

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pages 72-73

How 1REport Empowers Agents for Success in the Digital Era

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pages 74-75

Global Spotlight: The Resurgence of the 15-Minute City

4min
pages 76-77

How to Organically Capture Luxury Real Estate Leads

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REALTORS® Take the Lead Before the Need

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pages 68-69

How Accessible Is the American Dream for the Disabled?

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Transforming the Home Buying Experience for Agents and Consumers Alike

4min
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The Next Big Step: Guiding Seniors Through the Real Estate Process

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pages 60-61

Climbing Mortgage Rates Strain Buying Power in 2022

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Investment and Lifestyle Spur Migration Back to NYC

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pages 56-57

How Brokerages Are Tackling ‘Bait-and-Switch’ Recruiting

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Technology and People Team Up

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Real Estate Webmasters

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Constellation1: Technology

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Rocket Mortgage: A Seamless

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Propertybase: Prioritizing the Human Side of Real Estate With a Streamlined Tech Stack

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Curbio: Revolutionizing Home Renovation

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Verl Workman – Tracking and Measuring Critical Data Is Key to Reaching Your Goals

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Terri Murphy – How Past

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BoomTown: Leaning on Data to Grow Your Brokerage

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Darryl Davis – The True Purpose of Fear

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Sherri Johnson – 4 Ways to

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Brian Buffini – Goal-Setting

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Power Broker Perspectives

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NAR Power Broker Roundtable

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Great Spaces

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pages 20-22

Policy & Legal Matters: The

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page 23

Meet the Newsmakers: RISMedia

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REBAC Report: 3 Guidelines That Will Keep You Connected to Former Clients

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Marketwatch

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Women in Real Estate: Shattering the

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From the Publisher

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