Growing Wealthier: Smart Growth, Climate Change & Prosperity
How many Americans want to live in more walkable neighborhoods, with homes and businesses closer to each other, with transportation options in addition to the car – the kinds of places created by following the principles commonly referred to as smart growth? Quite a few, according to real estate market trends and demographic analyses. Read this article (PDF) published by Chuck Kooshian and Steve Winkelman from the Center for Clean Air Policy.
Understanding Smart Growth Savings
Todd Litman with the Victoria Transport Policy Institute published this article that discusses land use patterns (PDF) and how they affect various costs to consumers and society. Many of these costs tend to increase with sprawl (dispersed, urban fringe development), and can be reduced with smart growth (more compact, mixed, multimodal development). Smart growth tends to reduce the costs of providing public infrastructure and services, and by improving accessibility and reducing per capital vehicle travel, tends to reduce direct and indirect transportation costs.
Building Better Budgets A research report by Smart Growth America (PDF) indicates that no national survey has examined these savings as a whole until now. This report is the first to aggregate those comparisons and determine a national average of how much other communities can expect to save by using smart growth strategies.
Economic Impacts of Access Management
Access management is defined as configuring roadway entrance and exit points to improve traffic safety and flow. The prospect of replacing a center turn lane with a median and restricting left turns is often controversial. This report (PDF) is a summary of studies that explore how access management strategies affect business economics and consumer perceptions.
Walk This way: The Economic Promise of Walkable Places
Smart growth is economical growth. This report (PDF), an economic analysis of a sample of neighborhoods in the Washington, D.C., metro area using walkability measures, offers insights for a diverse set of interests. Emerging evidence points to a preference for mixed-use, compact, amenity-rich, transit-accessible neighborhoods or walkable places.