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Macro Trend 2: The Meaning of "Access" is <br />changing <br />• Millennials (18-34 yrs) <br />— 60% prefer "urban - <br />style' living with <br />proximity to housing, <br />shops, work <br />— Boomers share <br />similar preferences <br />• Changing Definitions of <br />Access and Proximity <br />— Biking <br />— Walking <br />— 75% valued <br />walkability in their <br />communities <br />Source: Urban Land Institute's (ULI) Terwilliger Center <br />for Housing <br />Licensed Drivers as % of their Age Group Population <br />W. <br />a� <br />P <br />w 7e% <br />o� <br />60% <br />a <br />ra <br />8 1 on <br />o� <br />16 17 18 19 2P 24 2 20 90.A6 5498 40J WLR 6569 Wa4 SSfiB 1N <br />Ag.gua <br />figure i Licensed drivers as a percentage of"theirage-group population fcelor <br />figure available online). <br />Source: University of Michigan Transportation Research Institute <br />is E•HLERS <br />LEA <br />What does it all mean? <br />• People no longer have to be anywhere. They can live, <br />work, shop, and play from any location at any time. <br />• Freedom now means access to the internet, not the <br />open road. <br />• People are craving more human interaction. <br />60 [em�mw�es9 <br />T—rFv, <br />40 EoHLERS <br />I <br />