The New Boom Towns: Suburbs Get City Makeovers

``Driving the trend are two big demographic cohorts. Millennials--those born between the late seventies and early nineties--are coming of age, and those who can afford to live on their own are looking for places to rent that are near the action and that don't require them to own cars, according to a February 2010 study by real estate consultancy RCLCO. At the same time, retiring boomers are selling their larger houses and looking for smaller living spaces nearer the city that are walkable and connected to transit.''