Parks provide intrinsic environmental, aesthetic, and recreation benefits to our cities. They are also a source of positive economic benefits. They enhance property values, increase municipal revenue, bring in homebuyers and workers, and attract retirees.
At the bottom line, parks are a good financial investment for a community. Understanding the economic impacts of parks can help decision makers better evaluate the creation and maintenance of urban parks.
About the Author
Megan Lewis, AICP
Megan is a planner with 17 years of applied research experience with land-use planning, design, and conservation. She has worked on large-scale conservation planning, green infrastructure, brownfields redevelopment, parks and open space planning, climate change adaptation and mitigation, urban forestry, and NEPA-compliant environmental impact statements and environmental assessments. Megan has helped design training programs, facilitate stakeholder engagement activities, and manage public comment processes. Presently she is a project manager and planner with Cardno, an international environmental consulting and engineering firm. Prior to joining Cardno, Megan was a senior research associate at the American Planning Association, where she lead several complex, multi-year projects, focusing on environmental land use planning subjects. Among her projects she was the managing editor of Planning and Urban Design Standards, a leading reference book for planners and urban designers. Before joining APA she was an environmental land-use planner with Wallace Roberts & Todd (WRT) in Philadelphia, where she prepared environmental impact statements and environmental assessments for the Washington DC Metropolitan Area Transit Authority (WMATA) green line development and extension. Prior to attending graduate school at the University of Pennsylvania she was a research associate with the Environmental Law Institute in Washington, D.C. Megan holds a BA in economics from Indiana University and an MA in regional planning from the University of Pennsylvania.