Report Estimates Economic Value of Philadelphia's Park System

A report announced by Mayor Michael Nutter estimates that Philadelphia's park system has a combined economic value of $1.9 billion in services, income and taxes to the city.

2 minute read

June 12, 2008, 8:00 AM PDT

By drstockman


A report by a national expert on urban parks quantifies the economic value of Philadelphia's park system in terms of pollution control, property values, health, tourism and community cohesion. It also puts a price on all the services the parks provide that residents would otherwise pay for. The study, by the Center for City Park Excellence of the Trust for Public Land, was the kind of exercise Mayor Michael Nutter embraces. Nutter is looking for more public-private partnerships to invest in both parks and recreation. The $1.9 billion value "gets you into more of a business kind of conversation," Nutter said. "This document backs up what many of us have talked about for a long period of time, but then puts it in black and white," Nutter added.

Peter Harnik, director of the Center for City Park Excellence, said the document also provides a baseline that can be revisited in future years to see if investment in the parks reaps dividends. Harnik divided the benefits into these four categories: Citizen cost savings (free recreation and services, increased health): $1.1 billion; Increased citizen wealth (property values, tourist business): $729.1 million; Tax revenue (from tourism and increased property values): $23.3 million. Government cost savings (stormwater management, air pollution control, time and money donated by volunteers): $16.1 million. "We think this is a huge, major enterprise," Harnik said. "We hope that these numbers and similar numbers that we generate for other cities around the country will help continue to revive, build and strengthen the city parks movement throughout the whole country."

Tuesday, June 10, 2008 in The Philadelphia Inquirer

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Cover CM Credits, Earn Certificates, Push Your Career Forward

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

July 9, 2025 - Diana Ionescu

Green vintage Chicago streetcar from the 1940s parked at the Illinois Railroad Museum in 1988.

Chicago’s Ghost Rails

Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

July 13, 2025 - WTTV

Aerial view of downtown San Antonio, Texas at night with rotating Tower of the Americas in foreground.

San Antonio and Austin are Fusing Into one Massive Megaregion

The region spanning the two central Texas cities is growing fast, posing challenges for local infrastructure and water supplies.

July 3, 2025 - Governing

White park shuttles with large Zion logo on side and red rock cliffs in background in Zion National Park.

Since Zion's Shuttles Went Electric “The Smog is Gone”

Visitors to Zion National Park can enjoy the canyon via the nation’s first fully electric park shuttle system.

1 hour ago - Reasons to Be Cheerful

Chart of federal transportation funding comparing Biden and Trump administration spending.

Trump Distributing DOT Safety Funds at 1/10 Rate of Biden

Funds for Safe Streets and other transportation safety and equity programs are being held up by administrative reviews and conflicts with the Trump administration’s priorities.

2 hours ago - Transportation for America

Close-up on yellow and black TAXI sign on top of beige car in central Munich, Germany.

German Cities Subsidize Taxis for Women Amid Wave of Violence

Free or low-cost taxi rides can help women navigate cities more safely, but critics say the programs don't address the root causes of violence against women.

3 hours ago - Bloomberg