A new report claims that Central Park in New York added $1 billion to the economy in 2007, and the new High Line park added $4 billion in new real estate developments.
The ASLA blog covers the news from the Gotham Gazette.
"Gotham Gazette says parks support economic development by drawing tourists and tourist dollars. "Central Park attracts more than 25 million visitors a year, about one fifth of whom come from outside the city, according to 'The Central Park Effect,' which was prepared by the economic analysis firm Appleseed for the Central Park Conservancy. The study determined that in 2007, spending by visitors and enterprises in the city's most famous park directly and indirectly accounted for $395 million in economic activity. This activity, as well as increases in property values near the park, generated $656 million in revenues for the city in 2007."
FULL STORY: The Economic Benefits of Parks
DC Park Aims for Equitable Development
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Meet Some of New York City's Newest Parks
In a city where density is everything, these park projects make creative use of existing public spaces—and, in some cases, create their own.
Programming Over Serenity Favored in 21st Century Park Design
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Seattle Legalizes Co-Living
A new state law requires all Washington cities to allow co-living facilities in areas zoned for multifamily housing.
Central Florida’s SunRail Plans Major Expansion
The expanded train line will connect more destinations to the international airport and other important destinations.
NYC Officials Announce Broadway Pedestrianization Project
Two blocks of the marquee street will become mostly car-free public spaces.
Santa Monica Lowers Speed Limits
Posted speed limits will be reduced by 5 miles per hour on dozens of the city’s streets.
For Some, Co-Housing Offers Social and Economic Benefits
Residents of co-living developments say the built-in community helps ease the growing isolation felt by many Americans.
New Map Puts Bay Area Traffic Data in One Place
The Traffic Monitoring site uses community-collected speed and volume data to reveal traffic patterns on local roads.
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Heyer Gruel & Associates PA
Caltrans
Los Alamos County
American Planning Association, Sustainable Communities Division
HUDs Office of Policy Development and Research
HUDs Office of Policy Development and Research
City of Cambridge, Maryland
Newport County Development Council: Connect Greater Newport
Rockdale County Board of Commissioners