Measuring the Economic Value of a City Park System
Since 2003, The Trust for Public Land's Center for City Park Excellence has carried out ground-breaking research into the economic value that cities and urban residents receive from their park and recreation systems. The ramifications of this work have galvanized the city parks movement nationally while also providing pragmatic data in the specific cities where the research has been carried out.
Measuring the Economic Value of a City Park System provides an explanatory overview of the process the Center for City Park Excellence uses in determining dollar value by way of seven attributes:
- Property value
- Direct use
- Community cohesion
- Clean water
- Clean air