Upzoned The Goldilocks Option: Why Townhouses Might Be Just Right for Housing Development
Nov 20, 2024
Andrew Ganahl, managing partner at AND Real Estate, dives into the benefits of townhouse developments in urban areas, particularly Kansas City. He discusses townhouses as a new American dream, striking a balance between affordability and community needs. The conversation highlights unique challenges like zoning regulations and outdated infrastructure that affect costs. Ganahl also shares insights on blending different housing types and the evolving preferences for urban living, suggesting townhouses could be key to addressing housing shortages.
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Andrew's Career Journey
- Andrew Ganahl's career path included public policy, banking, and Treasury.
- His experience with the TARP program during the 2008 financial crisis sparked his interest in real estate development.
California Townhome Experience
- Andrew considered townhomes in California due to high single-family home prices.
- Townhomes offered walkability and were more affordable than single-family homes.
Townhomes in Kansas City
- Kansas City has limited townhome precedent, unlike cities like Boston.
- Townhomes offer a sense of ownership without the condo pitfalls, appealing to Midwestern preferences.