Introducing 

Prezi AI.

Your new presentation assistant.

Refine, enhance, and tailor your content, source relevant images, and edit visuals quicker than ever before.

Loading…
Transcript

Opportunity Cost Analysis

Parks as Economic Development:

A Case Study of The Parklands of Floyds Fork in Louisville

Assumptions

Goal: Determine the opportunity cost of removing this land from development

Reported

Outcomes &

% Developable: 70%

Median Home Sale Price: $149,000

Building Density: 0.6 du/acre

Property Tax Rate: 12.2 cents/$100AV

Results: Benchmark for Achieved Benefits:

$305,390.40

Excellent Parks add 15% AV to dwellings within 500ft (Trust for Public Land)

Projects Components

Conclusions

Key Take-Aways from the Interviews (so far)

  • Opportunity Cost Analysis
  • Shift-share Analysis
  • Gathering Reported Outcomes
  • Key Take-aways from Interviews
  • Unique private, community-driven effort for increasing a city's parklands
  • Positive Externalities: feasible that the park would generate positive image for city
  • Positive Economic Impacts
  • attraction and retaining companies (first wave)
  • incorporating sustainability in growth; emphasizing amenities (fourth wave)
  • Health Impacts (from literature)
  • Projected increase of property values
  • Arguments for the Creative Class? - Anecdotal Evidence from the only guy we talked to at the Parklands

Curse you, incomplete data!

Shift Sharin'

  • Data Collection
  • Analytical Hurdles
  • Main Industries
  • Connection to The Parklands

Louisville: A Long History of Parks

Impacts of the Park

The Parklands of Floyds Fork

  • Increase in Parkland per Resident
  • Urban Edge & Suburban Sprawl?
  • Environmental Services?
  • Health Impacts?

Why Louisville?

Why care about The Parklands of Floyds Fork?

  • Rationale for choosing
  • Logic of Placement
  • Organizational Structure
  • Social Entrepreneurship?
  • Stakeholders
  • History and Capital Campaign

Overview of Louisville's Demographics

  • Blue dots: African American
  • Red dots: Caucasian
  • Each dot = 25 people

Racial Density Dot Map

Rough approximation of The Parklands Project

Presentation Overview

Interviews

  • Introducing Louisville
  • The Parklands Project
  • Impact of the Project on the City
  • Critical Analysis
  • Conclusions
  • Jerry Miller, Metro Councilman
  • Peter Harnik, Trust Public Lands
  • Scott Martin, Director of the Parklands of Floyds Fork
  • Jason Nally, Jefferson County Wildlife Biologist for Fish and Wildlife Department
  • Catherine Nagel, City Park Alliance

This is Gonna be GREAT!

Learn more about creating dynamic, engaging presentations with Prezi