downtown Magazine - Spring 2020

Page 20

DOWNTOWN LIFESTYLE

4 Sociability

Next-door neighbor has a different meaning when you live in a high-rise. It means you’ll get to know your neighbors on a social level facilitated by proximity and consistency. Because you’ll be coming and going through common areas and frequenting close neighborhood haunts (and so will your neighbors), the likelihood for a friendly conversation—and perhaps even the chance for genuine connection and friendship—is greater. SOCIA L C OL L IS IONS definition :

Moments of organic connection occurring between people in a neighborhood or building, leading to opportunities for more genuine social interaction. The density of an area or community increases the likelihood for more collisions. More collisions increase the likelihood for authentic human interactions on a consistent basis.

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downtownhouston.org

5

Affordability According to Zillow, the median home value in Downtown is hovering around $310,000. For comparison, other in-the-Loop neighborhoods came in higher using the same metrics with the Heights averaging $470,000 and NeartownMontrose at $500,000. Maximum walkability creates the potential to eschew vehicle ownership altogether, creating additional financial flexibility of up to thousands of dollars per month taking into consideration the costs of car payments, insurance, maintenance and parking.


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