Calculating the Benefits of Parks, Trails, and Open Space
Monday, June 6, 2016, 11:31 a.m.
Monday, December 31, 2018, midnight CST
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Research suggests that well-maintained parks, trails, and open spaces can positively impact property values and benefit local businesses by spurring economic activity within the surrounding area. These amenities can also provide a range of benefits to the surrounding community or ecosystem not typically accounted for in market transactions. Furthermore, regional market analysis can help identify potential revenue-generating opportunities for the maintenance and operations of parks, trails, and open space amenities. This course provides examples of how to calculate market and non-market values of parks, trails, and open space, as well as how to identify potential-revenue generating opportunities for long-term maintenance and operation.
Todd Poole is president, founder, and managing principal of 4ward Planning Inc., with over 24 years of economic development experience, both as a private sector consultant and public sector practitioner. Specifically, Todd has extensive experience in the following areas: comprehensive and master planning, transit-oriented development, economic and fiscal impact analysis, regional transportation planning, redevelopment and neighborhood revitalization, park and trail revenue analysis, adaptive reuse, and development advisory. This project work has covered locations throughout the eastern seaboard and into the mid-west. Prior to entering private consulting, Todd served in the public sector at various levels of government, including deputy policy director to the Governor of New Jersey, where he oversaw statewide housing and economic development policy. Todd began his career as an economic development practitioner and worked in several small- and medium-sized communities throughout New Jersey. His hands-on experience has included developing small business loan programs utilizing CDBG funding; creation of employment training and job access programs; industrial land sales and development; and administration of business retention and recruitment programs. Todd holds a Master of Public Administration (focus in finance) and B.A. in political science and economics from Rutgers University. He is also certified as an Economic Development Finance Professional (EDFP) by the National Development Council. Todd is member of the American Planning Association and past member of Urban Land Institute.