Published: 2019 | Jonathan Woetzel, Shannon Peloquin, Steve Kling, Tim Ward, and Sucheta Arora | McKinsey Global Institute

Abstract

This does not have to involve placing high-rises on every open space. Higher density is a given, but much of the gap could be bridged with low- and mid-rise redevelopment that capitalizes on the ongoing expansion of public transit and is within current zoning. Prioritizing select sites near major transit hubs and primary transit corridors for medium- and some high-rise development early in this effort could accelerate progress.