Analysis, Strategy & Implementation

  • Market Analysis
  • Land Use Strategy
  • Economic Development
  • Experiential Placemaking
  • Asset & Property Management
Volunteer Service
Daniel Bellot elected to NCDDA Board of Directors

Daniel Bellot has been busy working with the NC Downtown Development Association to highlight the importance of local  historic preservation tax credits. Bellot was elected to the board as A ssociate Director, Professional Member in July. The association is publishing a magazine that will feature  historic preservation tax credits projects statewide that have made a significant economic development impact on their communities. The magazine will educate people on how these projects produce jobs, private investment, and tax and sales revenues, among other benefits. Plans are to produce 2,000 copies and distribute them to  state representatives, among others.


Kathleen Rose speaks at NC-CCIM Chapter event

Kathleen Rose spoke at the NC-CCIM's monthly networking breakfast at Dilworth Neighborhood Grille in April about the future state of how space will be used. Her presentation on how the shared economy is affecting real estate generated animated discussion among attendees.  After Rose's presentation (see News & Insights for more detail), NC-CCIM members shared their experiences, positive and negative, with this new way of living and working.


Kathleen Rose assists resource team with the Joseph P. Riley Jr. Center for Livable Communities 

Kathleen Rose is honored to have served on the Resource Team for the 2019 Riley Mayors' Design Fellowship, an initiative of the Joseph P. Riley Jr. Center for Livable Communities. Established by the College of Charleston in 2001, the Center works to support the economic and cultural vibrancy of the City of Charleston and other communities throughout South Carolina, the United States and around the world. Rose joined a group of architects and planners on the resource team to assist eight current SC mayors in tackling planning/design issues in their communities. 

Learn more about the Riley Center. 
Project Updates
Raleigh, NC

The Rose team, in conjunction with VHB, is continuing work on the Midtown-St. Albans Area Plan. The draft Issues & Opportunities report will set the framework for the final plan regarding transportation and land use issues in this fast-growing area, which includes North Hills and Duke Raleigh Hospital. 


Burlington, NC

Working with The Toole Design Group, Rose & Associates delivered its final presentation in April regarding the Renew Maple Avenue Corridor.  The City of Burlington contracted with Toole to create a plan to revitalize Maple Avenue from Anthony Road to South Church Street. The strategy includes beautification, infrastructure improvement, and driving economic growth in this corridor.  


Welcome to our Spring/Summer 2019 newsletter. Rose & Associates SE, Inc. hopes you are enjoying the warmer weather. There are a lot of interesting projects going on around the Southeast, and we are pleased to bring attention to one in our backyard. 

Housing affordability is the leading issue in most communities, particularly in urban areas with rising land and building costs. One community, the town of Davidson, NC, is attempting to tackle the issue with a model that includes a successful partnership between the town, Davidson Housing Coalition, private developer JCB Urban, and Habitat for Humanity. Bailey Springs is a 15-home community built on town-owned land. Davidson Town Attorney Cindy Reid says the homes, priced between $125,000 and $173,000, have all sold. She says the model can serve as a template for other communities, and that Asheville has contacted Davidson for information about replicating the community on a larger scale.

All 15 Bailey Springs homes, which are built on town-owned land, are sold. The last home will close in the end of May.

"This is a very unique program," Reid says. "We're able to reach different groups of people with different incomes. It's turning into a wonderful community."

What is the Sharing Economy?

The internet and mobile devices are fueling the sharing economy

The sharing economy. The peer-to-peer economy. Crowdfunding. Crowdsourcing. Coworking. Whatever term you use to describe it, the share-based economy is here, and it is transforming how people do business. With a sharing economy, goods and services aren't owned by a single user but are temporarily accessed by members of a group either for free or for a fee. It's an economic model based on communal consumption.

Examples of online companies catering to this economy include:  Airbnb (a marketplace for lodging), TaskRabbit (a marketplace that matches freelancers with jobs), (a platform for finding caregivers), Rent the Runway (provides clothing and accessories for rent), Uber and Lyft (both are ridesharing companies). 

"Anything that you own you can share. That's the trend." says Kathleen Rose of Rose & Associates. "People are sharing houses. They are sharing bedrooms. They are sharing cars and bikes. They are sharing office space and lab space. They can share virtually anything, and its impact is particularly strong in the real estate space."

Space 2020

A flexible space revolution is on the horizon
As Geoffrey Kasselman, SIOR, and Executive Managing Director at Newmark Knight Frank, has said: "The role of change is increasing exponentially. The world is literally being reinvented. It took 68 years after the invention of the airplane to reach 50 million users. For the Pokémon Go game, it took just 19 days. This kind of growth is possible because of internet networks."

This translates to big changes in how real estate is perceived and used. Kathleen Rose recently spoke about how the sharing economy is impacting real estate from all angles. Here are some of the highlights from her presentation.
  • Quality of life. Younger workers are increasingly picking a place to live first and then finding a job - that is a massive shift from how employees have traditionally operated. Quality of life and the cultural fit of a community have become key criteria for decision makers looking to relocate their company. It was important to Amazon executives when they scouted a site for their newest headquarters.
  • Flexible work arrangements.The way Millennials live and work are transforming the workplace. Some are calling these workers "Generation Flex" because of their desire, or dare we say demand, for flexible working arrangements. As a result, coworking spaces, such as WeWork and  Hygge in the Charlotte area, are growing. Look for a  nearly six-fold increase to flexible office  environments by the year 2030. At 150 square feet per person, the per capita work area is projected to be roughly half  of what we have experienced in the past.
  • Focus on food. Much of what is driving demand in the retail space is centered on food, such as restaurants and grocery stores. Food is a common denominator for people to gather for entertainment. Everybody may be staring at their phone, but they are sitting together.
  • Smaller housing and more amenities. Millennials may not be able to afford higher-priced houses. They are willing to live in smaller spaces but they put a priority on the "experience," such as walkable destinations and a sense of community.
"Things are changing so fast because of technology and innovation, and we have a lot of young entrepreneurs who are trying to figure out ways to make life more efficient," Rose says.

Rose cautions planners of all kinds, whether they are master planning developments or communities, to take the time to understand the sharing economy.

For example, communities should be focusing less on how they zone their land to attract businesses and more on how to attract Millennials to a community, because, as Rose says, "It's about having a different perspective in terms of land use and looking at your community differently."

To learn more about adapting to the sharing economy, or to see a copy of Rose's report, contact us.