Dollars and Sense: The Economic Benefits of Community Green Spaces¶
Land, T. f. P. (2021). Dollars and Sense: The Economic Benefits of Community Green Spaces: The Economic Benefits of Community Green Spaces.
Cited by¶
1 citation across 1 artifact.
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Primes¶
- Latent Service Bundle
- A downtown park considered for removal to expand parking clears on a cost-benefit analysis that prices only parking revenue against maintenance savings, until a latent-service-bundle audit inventories microclimate cooling, stormwater absorption, property-value uplift, retail foot-traffic, mental-health benefit, event-venue capacity, wildlife habitat, and emergency-staging value — each going to a different beneficiary set, none on the parks budget — and once inventoried and proxy-valued the bundle exceeds the projected parking revenue by an order of magnitude.
This sourceDocuments the multi-category value of urban parks — stormwater absorption, microclimate cooling, health benefits, property-value uplift, recreation — frequently exceeding the development/opportunity value of the land, supporting the park-removal valuation case.
- A downtown park considered for removal to expand parking clears on a cost-benefit analysis that prices only parking revenue against maintenance savings, until a latent-service-bundle audit inventories microclimate cooling, stormwater absorption, property-value uplift, retail foot-traffic, mental-health benefit, event-venue capacity, wildlife habitat, and emergency-staging value — each going to a different beneficiary set, none on the parks budget — and once inventoried and proxy-valued the bundle exceeds the projected parking revenue by an order of magnitude.
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