The Economic Benefits of Parks and Open Space

  The title of a report from the Trust for Public Land says it all: The Economic Benefits of Parks and Open Space: How Land Conservation Helps Communities Grow Smart and Protect the Bottom Line. As cities create parks, city economies usually improve and property values go up, say report authors Steve Lerner and William Poole. They point to California's Napa County, which figured out how to save $500 million on flood repairs by spending $160 million to acquire 500 acres of floodplain. Owning the land meant the county could allow the Napa River to flow without costly flood control; it also meant open space for residents. For a free copy of the 48-page report, contact the Trust for Public Lands, 116 New Montgomery St., 4th Floor, San Francisco, CA 94105 (800/714-5263); e-mail: [email protected]

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