2017 CORPORATE RESPONSIBILITY REPORT
FOCUSED PLACEMAKING

Walkability & Livability

Enhancing the walkability of our developments is a major part of Forest City’s urban placemaking strategy. By maximizing access to pedestrian-friendly amenities such as footpaths, bike lanes and public transit sources, we reduce car dependency surrounding our properties. Many of our properties achieve a Walk Score of 90 or higher*, meaning that our tenants’ and residents’ daily tasks and needs can be accomplished and met without a vehicle.

We strive to provide a strong sense of community and connection within and around our residential properties. Forest City monitors Livability Scores** as a measure of how well our neighborhoods balance key factors including affordability, access to amenities, environmental quality and community engagement and inclusion.

Walkability (Walk Score)*

Boston/Cambridge 96
Dallas 92
Denver 77
Los Angeles 95
New York 99
San Francisco 95
Washington, DC 86
*Average score of a representative set of Forest City residential properties located in the markets. Source: www.walkscore.com

Livability*

Boston/Cambridge 64
Dallas 56
Denver 59
Los Angeles 53
New York 65
San Francisco 63
Washington, DC 60
*Average score of a representative set of Forest City residential properties located in the markets. Source: livabilityindex.aarp.org

Eager Park Named One of America’s Most Transformational Linear Parks

East Baltimore’s Eager Park, which opened in May 2017, has quickly become the heartbeat of the Science + Technology Park at Johns Hopkins. The 5.5-acre park, located in the center of the 88-acre mixed-use biopark development, has been named one of America’s transformational linear parks by Curbed.com. Eager Park shares this distinction with some of the country’s most iconic green spaces, including the High Line in New York City, the 606 in Chicago and the Beltline in Atlanta. Eager Park’s amenities include a fitness exercise circuit, performance amphitheater and pavilion, community garden and playground.
 
“It’s exciting to see our vision of Eager Park as a central gathering place come to life,” said Scott Levitan, vice president, Forest City-New East Baltimore Partnership. “The opening of Eager Park is continued proof we’re delivering on our promise of community rebuilding in East Baltimore. Continuously bustling with activity, it’s quickly become a neighborhood destination.”
 
The Science + Technology Park at Johns Hopkins’ campus opened in 2006 through a public-private partnership between Forest City and East Baltimore Development Inc., a nonprofit organization dedicated to revitalizing and rebuilding the East Baltimore neighborhood. The campus setting concentrates technology transfer for bioscience, medical devices and other emerging technologies in an all-inclusive development. The mixed-use biopark integrates retail, single and multifamily housing, a K-8 public school, an early childhood center and a major hotel. Construction on the mixed-use development is scheduled through 2027.

DEFINITION