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Report examines commercial real estate trends in Western states

July 15, 2014 News  No comments

RESTORE. Howelsen Place in downtown Steamboat Springs is an example of mixed-use development. Tom Ross/file

 — After analyzing where Rocky Mountain real estate markets are following nationwide residential trends in its RESET reportThe Sonoran Institutehas moved on to commercial trends in its recent study, RESTORE: Commercial and Mixed-use Development Trends in the Rocky Mountain West.

The Sonoran Institute works with communities across the West trying to grapple with questions of growth and land use, and in the RESTORE study, the organization examined what the future holds for commercial development in Idaho, Montana, Wyoming and Western Colorado.

According to the study, demographic and consumer preference trends point toward more walkable neighborhoods and develop...

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