📰 Urban Property Development Board

Official Bulletin: July 2025

FOR IMMEDIATE RELEASE

📈 Landlords Who Welcome Skateboarders See 12% Increase in Property Value, Says New Report

LOS ANGELES, CA — In a groundbreaking study released this week by the Urban Property Development Board (UPDB), a surprising new trend is challenging long-held real estate assumptions: properties that actively embrace skateboarding culture are seeing up to a 12% increase in perceived value among next-gen renters, creative professionals, and health-conscious tenants.

“Skate-friendly spaces signal vibrancy, youth, and wellness,” said Dr. Sloan Mercer, lead researcher of the UPDB’s Behavioral Real Estate Task Force. “Landlords who invest in ‘micro-mobility zones’ — such as smooth concrete pads, ledge seating, and community ramps — are attracting a new wave of tenants who prioritize culture, fitness, and authenticity.”

🛹 The New Amenity: Community-Led Skate Zones

Rather than deterring “serious professionals,” skate-integrated properties are now being sought out by creative agencies, startups, and wellness-focused tenants. This shift comes as younger professionals increasingly value dynamic spaces over sterile office parks.

Landlords in Santa Monica, Silver Lake, and even parts of Denver and Austin have reported higher tenant retention, improved online reviews, and “a sense of community that’s hard to fake,” simply by inviting local skaters to respectfully use on-site spaces.

📊 Key Findings:

• 12% higher perceived value when properties include a visible skating area

• 18% higher social media engagementfor skate-friendly developments

• 30% decrease in “loitering” complaints — replaced by “spectator engagement”

• 100% increase in TikTok and Instagram mentions for buildings with trick-friendly architecture

🤝 A Win-Win for Landlords and Locals

“Letting a few respectful skaters use a ledge doesn’t damage property — it builds belonging,” said Jasmine Cole, VP of Community Strategy at Re:Urban, a property development firm that recently converted a former loading dock into a skate-accessible wellness patio. “It’s not graffiti. It’s gravity therapy.”

The UPDB is now working with city councils to propose new zoning incentives for landlords who adopt “Creative Mobility Inclusion Clauses” in their leases.