Tony Trella has
is the principle of The Meranth Company; an
organization he founded in 1993 with the plan of provide advisory services in
the commercial real estate development industry. Prior to starting his own
advisory firm Tony ran commercial real estate development company to which he
was responsible developing tens of thousand of acres of land for master planned
communities.
Tony gave us the full life
cycle of the American Dream from World War II to today and looking into the
future.
After World War II the
veterans coming home wanted a home with a white picket fence to raise a family.
This is where Master planned communities were born though they did not realize
that they were pioneering residential housing development in the United States.
Today many people young and
old are trading in their suburban home for a life to which live, work and play
are in walking distance. Many millennials
have watched their parents live out their idea of the American dream, however
the American dream on the millennials is to live in smaller residence in a
urban setting.
Tony raised an extremely
interesting point as to what will happen when all of the coast and urban areas
are maximized to capacity. He believes instead of reverting back to suburban
housing real estate developers will build complete urban cities with all facets
of urban living except they will be built in rural areas.
No comments:
Post a Comment