• Who We Are

    City Parks Blog is a joint effort of the Center for City Park Excellence at the Trust for Public Land and the City Parks Alliance to chronicle the news and issues of the urban park movement. Read more about us.
  • Urban Park Issues

  • Enter your email address to receive notifications of new City Parks Blog posts by email.

  • Archives

  • Urban Green Cover Ad

Feel-Good and Financial Return of Parks

James Corner of the landscape architecture firm Field Operations pens a piece for Forbes magazine urging a larger investment in city parks. Other than citing the environmental values and other benefits, Corner mentions the economic return they can have:

Less well-known is the power of parks to generate revenue and stimulate local economic growth. New, well-designed parks focus private investment in marginal areas and catalyze revitalization. They stimulate adjacent real estate markets and attract visitors, restaurants, commerce, street life and safety.

By making life interesting, parks help cities and towns attract and cultivate a talented workforce, boost civic pride and participation, and create a richer cultural scene, all of which are good for business.

About these ads

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 182 other followers