...such is the city.
REDFIELDS TO GREENFIELDS: Mike Messner, the investment fund manager, is the primary force behind the budding “Redfields to Greenfields” movement, which has been picked up by more than 10 major cities in the U.S. The basic idea is to turn toxic real estate into parks, elevating nearby property values, and turning a downward spiral of economic stagnation and disinvestment into a positive, self-reinforcing trend of new growth. As Messner noted in a conference he organized with City Parks Alliance on Capitol Hill, “parks and trees are great. I do like them. However, these are secondary to good investments.” And investing in transforming redfields into parks makes smart economic sense these days (see earlier post).” http://dirt.asla.org/2011/06/16/solving-the-real-estate-crisis-with-parks/  

REDFIELDS TO GREENFIELDS:

Mike Messner, the investment fund manager, is the primary force behind the budding “Redfields to Greenfields” movement, which has been picked up by more than 10 major cities in the U.S. The basic idea is to turn toxic real estate into parks, elevating nearby property values, and turning a downward spiral of economic stagnation and disinvestment into a positive, self-reinforcing trend of new growth. As Messner noted in a conference he organized with City Parks Alliance on Capitol Hill, “parks and trees are great. I do like them. However, these are secondary to good investments.” And investing in transforming redfields into parks makes smart economic sense these days (see earlier post).”

http://dirt.asla.org/2011/06/16/solving-the-real-estate-crisis-with-parks/

 

Posted 11 months ago
24 notes
Tagged: city, parks, urban, redevelopment, renewal, urbanism, denver, phoenix, houston, los angeles, detroit, greenfields, brownfields, .
Source: dirt.asla.org
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