For the first time in a century, cities are growing at a faster rate than the suburbs.
The National Main Street Center estimates that 1 – 2% of a city’s total population prefers to live downtown while the Urban Land Institute reports that an impressive 75% of Millennials want to live in a central city or a close-in neighborhood, citing walkability, diversity, and proximity to jobs as the major reasons. Millennials are also more willing to give up square footage in exchange for living in an interesting and dynamic neighborhood.
The 50-square block CID is home to nearly 5000 residents, and we’re ringed by both college dorms and historic neighborhoods. All totaled, we’ve got over 18,700 residents within a one mile radius of City Hall. In addition, a number of new development projects are currently in the works—projects that will provide new residential spaces for young professionals, empty nesters, and those who crave the excitement of a downtown lifestyle.
This live/work/play philosophy doesn’t just help create a 24/7 downtown—it allows people to make a conscious decision about everything from walkability to sustainability to community engagement.
Available spaces in The District range from second-floor studios to upstairs lofts to large two-bedroom apartments. Please contact the leasing companies for information on availability.