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."
Read the full story: Taxes Too High? Try Building Walkable, Mixed-Use Development
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
California plans to bury El Niño’s downpour
If the state plays its cards right, it may be able to store a billion acre-feet of El Niño’s water in aquifers.
Chicago breaks ground on $3 billion megadevelopment
The new neighborhood, titled Foundry Park, will one day host 3,700 residences.
One of Denver’s busiest corridors to gain BRT
The project will span 18 miles and contain 74 bus rapid transit stations.
275,000 bus trips are at stake on Seattle's ballot
If passed, the Seattle Transit Measure would trigger a 0.3% sales tax and raise an average of $138 million per year to maintain and expand Seattle’s bus services.
Texas may pay Israeli company billions to ease water woes
Texas awarded IDE Technologies the contract for its Harbor Island project, which is slated to become the Western Hemisphere's largest desalination plant.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
Hunter College, City University of New York (CUNY)
The Architects Foundation
University of Cincinnati Online
City of Cambridge
Montrose County
The Pocatello Development Authority