Discussion Paper: Economic Benefits of Walking and Cycling
Complete Streets aren't just good for your health; they're also good for business. Dr. Rodney Tolley's discussion paper, "Good for Busine$$: The benefits of making streets more walking and cycling friendly" prepared for the Heart Foundation South Australia, investigates the economic benefits experienced by neighbourhoods after they were made more walking and cycling friendly.
The report details how retailers often overestimate the importance of the car, and have opposed efforts to improve the walking and cycling environment. However, case studies have shown that pedestrians and cyclists account for more sales, and the improved streetscape improves the reputation of the area, increases property values, and attracts jobs.
Posted On: February 22, 2012