A guest column for Quartz reveals the "Starbucks Effect" on real estate values as well as the method to the coffee vendors success.
Spencer Rascoff and Stan Humphries from Zillow share insight into the influence of that ubiquitous coffee chain, Starbucks. To sum up the impetus for the article: "Starbucks equates with venti-sized home-value appreciation. Moreover, Starbucks seems to be fueling—not following—these higher home values."
Rascoff and Humphries assign the credit for this seeming clairvoyance in real estate to the "art as much as science" of a model worth emulating. To do so, the article measures the success of Starbucks on question like the appreciation of home value near the chain's locations (the answer: much faster than the national average and homes located near Dunkin Donuts locations).
The article concludes by going inside the operations of Starbucks to reveal the work that goes into achieving the so-called "Starbucks Effect." Rascoff and Humphries find that Starbucks employs approximately 20 analytics experts and dozens of regional teams to decide where to expand.
FULL STORY: Confirmed: Starbucks knows the next hot neighborhood before everybody else does
Opinion: Public Restrooms Shouldn’t Be Starbucks’ Problem
The outrage over the chain’s decision to limit the use of its bathrooms should prompt more questions about why the U.S. lacks public restrooms.
Reports of the Third Place’s Death are Greatly Exaggerated
Starbucks is shifting to more drive-throughs and less comfy armchairs, but that doesn’t mean the demand for common spaces outside of home and work is waning.
Institutional Investors Gaining a Larger Footprint in the Housing Market, Report Says
The locations with the fastest growing populations are seeing the most dramatic increase in investor-owned single-family housing rentals.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
Test News Post 1
This is a summary
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
Test News Headline 46
Test for the image on the front page.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
EMC Planning Group, Inc.
Planetizen
Planetizen
Mpact (formerly Rail~Volution)
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service