Key Points:
- Commercial greening corridors (improvements to public spaces that featured business activity) in excellent condition imparted a 23% increase in home values within a quarter mile of the corridor.
- Vacant land management initiatives (removing trash, planting shrubs, adding benches) increased adjacent property values by 17%.
- Streetscape projects (horticultural treatments to a sidewalk or roadway that improve appearance, particularly of commercial corridors with high visibility and high levels of pedestrian or vehicular traffic) increased surrounding home values about 28% relative to similar homes in comparable areas without streetscape improvements.
