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How to Escape Gridlock without Flying Cars

How to Escape Gridlock without Flying Cars

May 22, 2023
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Posted by Marcelo Bermudez

The Guardian newspaper covered the unlikely city, O’Fallon, IL and its similarities to Paris, France.

The City’s master plan follows the same organizing concept of Paris: the 15-minute city.

Residents should have all they need within a 15-minute walk or bike ride from home.

The average shopping trip in the US is more than seven miles.

#Deloitte identified the 15-minutes city as a key trend for the urban future.

The concept has received support from urban planners and architects who believe it can help create more sustainable, equitable, and livable cities in the future.

O’Fallon is not a primary city like Los Angeles or New York, but it does offer a way to find ways to create housing for the #missingmiddle and ending #fooddeserts.

Instead of mega projects, cities like Paris and O’Fallon are keeping it local.

According to studies, the more parks and services in a neighborhood, the more people travel locally.

#cohousing does something similar in that it asks the residents what they want.

O’Fallon did the same and are now reconsidering if traditional suburban zoning is appropriate anymore.

Their plans take into consideration mixed densities, different housing types to accommodate young and old, while accommodating non-drivers (bike and pedestrian paths).

With the conversations about working from home and paying rent premiums to live in the urban core continue, the 15-minute will gain traction to accommodate affordability for those who don’t live in prosperous enclaves but will want to benefit from living in a city that offers them what they need.

I write seven days a week to help business owners and real estate investors:

✅ Accelerate value,

✅ Become better leaders,

✅ Access capital

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Marcelo Bermudez

Capital and Strategy
Marcelo Bermudez is the CEO of Shōkunin, a commercial real estate and business capital and strategy advisory firm.

As a strategist, keynote speaker, and mediator, he helps owners and investors unlock value and achieve their business and financial goals.

With hands-on experience managing businesses and navigating complex commercial real estate transactions, Marcelo understands the challenges of growth, restructuring, and successful exits.

He works closely with his clients to deliver practical solutions and drive results.

   
   
How to Escape Gridlock without Flying Cars