Simple Math: Investing in Downtowns Creates More Value

Emily Badger
Atlantic Cities
Fri, 03/30/2012 (All day)

The more you consider the math, the more it's obvious: investing in downtowns and existing neighborhoods isn't just an expression of values, it's a creator of value. It's value that stays in the community and is reinvested again and again.

This is true for urban and suburban cities, and small towns across Oregon:

"Per-acre, our downtowns have the potential to generate so much more public wealth than low-density subdivisions or massive malls by the highway. And for all that revenue they bring in, downtowns cost considerably less to maintain in public services and infrastructure."

Fortunately, Oregon has a great tool to help make these investments happen: our land use planning program and experience means Oregon communities have a leg up in experience to attract reliable jobs, attractive housing, and vibrant businesses to existing downtowns and neighborhoods that already have most of the necessary infrastructure in place.

Read more about this simple math in Atlantic Cities.