New Audio: Sam Sherman on CNU XV and Philadelphia's Tipping Point

Philadelphia developer and CNU XV co-host previews the Congress and reports on the city's surging real estate market

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In this audio clip recorded in Chicago, CNU XV local host committee co-chair Sam Sherman previews Urban Labs and other exciting offerings at the upcoming Philadelphia Congress and says CNU's top annual event is coming to Philadelphia at a remarkable time. After 50 years of suffering serious effects of deindustrialization, Philadelphia is making a strong comeback. For the first time in decades, Philadelphia is expected in 2007 to have more housing starts than its surrounding suburban counties. And with housing starts and prices going up in the city despite an overall downturn, Sherman reports, "A lot of suburban developers that thought I was crazy five years ago when I walked away from the sprawl development model are now calling me, asking me, “Is there any land available?” In detailing a strong lineup of plenary speakers and other aspects of a strong CNU XV program, Sherman says, "Philadelphia has reached a tipping point where CNU can really make an impact on our city."

Listen and learn about CNU XV and Philadelphia now.

Image: Spring Arts Point by Sherman's firm New Urban Ventures is one of many mixed-use infill projects contributing to a resurgence of development in Philadelphia. Photo courtesy of Sam Sherman