The (Huge) Financial Case for Walkable Communities

The (Huge) Financial Case for Walkable Communities

Globe ST
May 18, 2015

[…]
Walkable urban regions in the US have a 41% higher GDP over non-walkable regions. “That’s the difference between countries like Germany and Romania,” according to Christopher Leinberger, professor at George Washington University School of Business and president of Locus, a national coalition of real estate developers and investors who advocate for sustainable, walkable urban development in metropolitan areas.

Residential walkable communities generate four times the tax revenue compared to regional and business malls, the panelists also said.
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