Real property values are positively affected

Two other sources of information on how public spaces can help the economic development of communities were shared by the Dept of Community Development and Planning.

Key Point #1
Real property values are positively affected. 

Key Point #2
Municipal revenues are increased.

There are additional points made in this paper but for me, the additional revenue is key. Read the full article here:




In the Introduction to this paper we read:

"Too often we hear that communities cannot afford to “grow smart” by conserving open space. But accumulating evidence indicates that open space conservation is not an expense but an investment that produces important economic benefits."

Why are these papers shared? Good information to have for the Emmons St building discussion

Emmons St this past winter