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Residential
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Downtowners: Who, Why, and What Next?
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Session #: 046-108
Presenter(s): Panel
Session Length: 1:15 hr.
Program: 2006 ULI Fall Meeting
Date: 10-2006
Across the country, new residential units continue to be aggressively developed and sold to a burgeoning group of residents who are choosing to move downtown. As the markets mature, developers are evolving their products to meet an increasingly sophisticated clientele. Who are today's downtowners? Why have they decided to live downtown, and what are they seeking in terms of housing products, amenities, and services? How have developers adapted their product to meet the needs of today's more mature downtown housing market as opposed to yesterday's pioneering market? Is this only happening in major metropolitan areas, or is it affecting cities across the United States? Hear the latest information and hard data on the demographics and psycho-graphics of today's downtowners, including buyer profiles, unit and amenity mix, and sales performance for a cross-section of projects.
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