blockitecture leaderboard

To Stretch Strained Municipal Budgets, Build Smart

Utilizing 17 case studies, a new report from Smart Growth America examines the costs and benefits of competing development strategies. Any way you slice it, smart growth strategies are more financially prudent than building sprawl.

Two weeks ago, we told you about a case study out of Nashville that demonstrated mixed-use infill projects deliver an exponentially greater return on investment than traditional suburban, or even New Urbanist-style, greenfield development. That study was just one of 17 to make up the most wide-ranging analysis of the fiscal benefits of smart growth development produced to date. The results of that analysis can be viewed in Smart Growth America's new report, "Building Better Budgets".  

Not only is smart growth cheaper to build and service, "smart growth provides a better return for cities and taxpayers," explains Angie Schmitt. "SGA’s analysis showed that walkable development generates about 10 times more tax revenue per acre than traditional suburban development."

Full Story: Taxes Too High? Try Building Walkable, Mixed-Use Development

Comments

building block set

NEW! Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.
$25
Red necktie with map of Boston

For dads and grads: tie one on to celebrate your city!

Choose from over 20 styles imprinted with detailed city or transit maps.
$44.95
Women's t-shirt with map of Los Angeles

City T-Shirts for the ladies!

Women's Supersoft CityFabric© Fashion Fit Tees. Now available in six different cities.
$24.00
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!