It has long been recognized that the younger generations areopting for an urban lifestyle, a reversal of the "suburban flight"of the past. They want the exciting, convenient and amenity-richlifestyle of city living. They want to be able to walk torestaurants, bars, shopping and work as well as easy access topublic transportation.

But what's interesting for developers is that we're seeing manyin the huge baby boom generation have the same lifestylepreferences. Their kids are growing up and abandoning the nest,giving them the freedom to pursue locations they wouldn't haveconsidered before.

Many Boomers are ready to transition from suburban life to aneasier, lawn-free lifestyle. They want to remain active and desireeasy access to cultural facilities, theaters and restaurants. Inshort, they, too, like the convenience and vibrancy of an urbanenvironment.