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Article: Rollin' on the river: waterfront development in cities like San Antonio--destination for Success Series 2007--spurs economic development and tourism.(regionaloutlook)
- Article from:
- Journal of Property Management
- Article date:
- September 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 National Association of Realtors. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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No matter the town, the waterfront is the place to be these days as owners, residents and tenants seek the cache that comes with working and living along the water. Even in the dry Southwest region of the United States, cities like San Antonio realize the economic advantages of waterfront development.
A developed waterfront can be a major boon to municipalities, helping to revitalize depressed areas and pump in more tax dollars through new businesses. A solid development calls for a good mix of retail and entertainment venues to bring in the tourists; commercial components to draw business; and increasingly, residential options as more and more people want that ...