Capturing the benefits of complete streets.
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2015-12-01
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Abstract:Anecdotal information indicates that private investment and property value increases are associated ; with featured Complete Streets projects. However, to date, little research has been done to confirm ; these benefits. Much of the relevant literature focuses on very real and important improvements to the ; safety of all who use Complete Streets: pedestrians, bicyclists, transit users, and auto users. This work ; contributes to a small but growing body of literature that associates the implementation of Complete ; Streets projects with increased economic activity such as increased property values, tax collections, and ; increased business activity (such as new businesses and an increase in jobs). This work began by ; reviewing background information related to Complete Streets and examining how such projects may ; be evaluated. A set of case studies was identified, which included locations where Complete Streets ; projects had been recently implemented, but also that had been in place long enough to assess any ; changes in economic activity. The case studies are diverse, including a beach community, a smaller-area ; business district, and a larger city that included a major transit investment. Findings indicated that, ; despite the recent economic downturn, the Complete Streets performed well, demonstrating ; maintained and enhanced economic activity, often outperforming other nearby areas and their cities as ; a whole. This work showed that the benefits of Complete Streets projects can be numerous and ; expected to include enhanced economic activity
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Main Document Checksum:urn:sha256:347aeac692dd997544fc6a341d9b9cdf6546bc8d9e3aaa51e2611a5b08b5d53a