From the December issue: The media these days can’t stop saying
that the cork is out of the housing bottle. Sure, the fizz is gone in
many domestic markets. But the momentum didn’t vaporize immediately.
Projects still managed to get underway that are significantly altering
the character of urban centers. Fact is, across the country, private
and public efforts have propelled renewal and reinvention in America’s
downtowns. Run-down and underused areas are being rebuilt into zones
populated by the young and the middle-class. This month’s National
Market Report highlights various ways in which the industry is getting
aggressive in nine cities. more By Dorn Townsend
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Urban rehab: Nine cities confront change
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