Culdesac Tempe is Paving the Way to an Eco-Friendly Future
Culdesac Tempe is a car-free neighborhood. Deployed as a real estate experiment, the development is located in the "notorious walked-unfriendly Phoenix. If successful, this project will be the first of its kind in the country.
Culdesac Tempe is planned for a bare 17-acre lot near the Salt River. It will have all the necessary amenities like grocery stores, restaurants, coffee shops, communal lounging areas, co-working spaces, and retail. The car-free neighborhood will sit beside "a light rail that can shuttle residents straight to [downtown Phoenix]." An approximate number of 761 apartments that can house approximately 1,000 residents will be available. None of these individuals will have parked cars in the community.
This real estate experiment is planned and developed by a similarly named startup—Culdesac. The company is planning to finish initial developments for the car-free neighborhood by 2021 and complete the site fully by 2023.
Image Credit: Culdesac
Culdesac Tempe is planned for a bare 17-acre lot near the Salt River. It will have all the necessary amenities like grocery stores, restaurants, coffee shops, communal lounging areas, co-working spaces, and retail. The car-free neighborhood will sit beside "a light rail that can shuttle residents straight to [downtown Phoenix]." An approximate number of 761 apartments that can house approximately 1,000 residents will be available. None of these individuals will have parked cars in the community.
This real estate experiment is planned and developed by a similarly named startup—Culdesac. The company is planning to finish initial developments for the car-free neighborhood by 2021 and complete the site fully by 2023.
Image Credit: Culdesac
Trend Themes
1. Car-free Neighborhoods - Disruptive innovation opportunity: Development of car-free neighborhoods that prioritize pedestrian-friendly and sustainable transportation systems.
2. Real Estate Experiments - Disruptive innovation opportunity: Exploring new models of sustainable real estate development, such as car-free neighborhoods, to meet the demands of eco-conscious consumers.
3. Alternative Transportation Solutions - Disruptive innovation opportunity: Developing efficient and convenient alternative transportation options, like light rail systems, to support car-free neighborhoods and reduce reliance on personal vehicles.
Industry Implications
1. Real Estate - Disruptive innovation opportunity: Creating innovative and sustainable housing options, such as car-free neighborhoods, to meet the evolving needs of environmentally conscious consumers.
2. Urban Planning - Disruptive innovation opportunity: Revolutionizing urban planning by incorporating car-free neighborhoods and prioritizing pedestrian-friendly infrastructure.
3. Transportation - Disruptive innovation opportunity: Developing alternative transportation systems and infrastructure, like light rail systems, to support the growth of car-free neighborhoods and reduce traffic congestion.
5.1
Score
Popularity
Activity
Freshness
