This new report from Preservation Green Lab shows that neighborhoods containing a mix of older, smaller buildings of different ages support greater levels of positive economic and social activity than areas dominated by newer, larger buildings. The three study cities were San Francisco, Seattle, and Washington, D.C., all of which have extensive older building stock and strong real estate markets.
In San Francisco and Washington, D.C., city blocks composed of mixed-vintage buildings host greater cell phone activity on Friday nights. In Seattle, areas with older, smaller buildings see greater cell phone use and also have more businesses open at 10:00 p.m. on Friday.
In Seattle and Washington, D.C., neighborhoods with a smaller-scaled mix of old and new buildings host a significantly higher proportion of new businesses, as well as more women and minority-owned businesses, than areas with predominantly larger, newer buildings.
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