Post by Reimagining the Civic Commons
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Civic assets that are well-designed, managed and programmed are like beacons: signaling value to local residents in ways that are correlated to positive economic activity. These assets — libraries, trails, parks, community centers and other public spaces — color the perception of a place, showing businesses, residents and visitors that this is a place worth living in, worth visiting, and worth locating or patronizing a business. Our latest article looks at how signs of business activity, social mobility, talent attraction and job creation and property tax increases all point to the same conclusion: investing in vibrant civic spaces is a proven economic strategy — among the highest-return public investments a city can make. https://lnkd.in/dD4P5ady Trust for Public Land, Daniel Aldrich, City/Parish of Baton Rouge, Live6 Alliance - Detroit, Invest Detroit, Project for Public Spaces, New York City Tourism + Conventions, Urban Libraries Council, National Recreation and Park Association, PowerCorpsPHL, The Brookings Institution, Joseph Cortright, Knight Foundation, The Kresge Foundation, William Penn Foundation