On Tuesday we joined hundreds of our closest real estate friends at ULI Washington’s Real Estate Trends Conference. Our own Yolanda Cole hosted a discussion on the future of millennials in cities.  Here’s what we jotted down…

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 Text and sources

  1. Cities should keep its families – families spend 70% of child rearing costs in the local economy –Mildred Warner, Cornell University
  1. Cities that work for families work for everyone. If you’re comfortable with your 10-year old riding the metro alone to swim practice, you’re probably comfortable with your 90 year-old grandmother doing the same. –Sarah Komppa, Former Planning Commissioner, City of Seattle
  1. Education is key for middle-class families. Many can flex to afford the more expensive urban housing costs, but private school fees break the bank.
  1. Museums as urban playgrounds – Urban families’ museum and library memberships are a built-in financial support system for city amenities. –Sarah Komppa, Former Planning Commissioner, City of Seattle
  1. Urban Atlantic’s Rhode Island Row  is an example of family-centric urban development. Unit program includes 1-, 2-, and 3- bedrooms. (Victoria Davis, Urban Atlantic)