Focus Term: Economic Impact
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The Impact of the Little Miami Scenic Trail on Single Family Residential Property Values
January 01, 2008
Across the United States, many conversions of abandoned railroad rights-of-ways into trails have faced opposition from surrounding property owners. Much of the opposition derives from the fear that developing trails would cause a decrease in property values because of loss of privacy, increase in noise, traffic, litter and crime. The objective of this study is to assess the […]
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From Trail Towns to TrOD: Trails and Economic Development
August 01, 2007
Trails and green space are important community amenities that help to spur economic development. From home owners choosing to live along a park-like trail to bicycle tourists making their way from small town to small town, trails are important community facilities that attract people and dollars.
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Community Trails: A Benefit to All
May 17, 2006
Trails and greenways create opportunities for people of all ages to bicycle, walk, hike and jog. Across the country, trails and greenways are stimulating tourism and recreation spending, and in many rural communities they are seen as a catalyst for economic growth. In providing attractive, safe, accessible, and low- or no-cost places, they also make it easier for people to […]
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Economic Benefits of Trails and Greenways
October 01, 2003
This fact sheet examines the value of trails and greenways. Despite different methodologies of different studies, there is growing evidence of such facilities’ value in terms of increased property values, community assets, and a host of environmental and economic benefits.
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Enhancing the Environment with Trails and Greenways
June 15, 1999
As tools for conservation, trails and greenways preserve important natural landscapes, provide needed links between fragmented habitats and offer tremendous opportunities for protecting plant and animal species. Partially due to expansive development, “islands” of habitat dot the landscape, isolating wildlife and plant species and reducing habitat necessary for their survival. Trails and greenways provide important […]
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