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good walking is good
business (biking too!)



              making massachusetts more walkable
Retailer, homeowner, city official, or CEO —
walkability helps your entire community grow and
prosper
Four broad areas of benefit
• economy
• business
• health
• real estate
Broad based economic strength



“
... many states with higher VMT (vehicle miles
traveled) per capita actually performed worse
economically than those with lower rates of
driving.
        ”
— Kooshian & Winkelman, Center for Clean Air Policy, 2011
Disposable income

• Transportation is the second largest household
expense in the U.S. Driving a newer sedan in 2011
cost an average annual amount of $8,946. —AAA


• Each additional car in a household budget
reduces that household’s mortgage capacity by
about $150,000. —Robert Freedman, Realtor Magazine
Job impacts of infrastructure investment

“
... Bicycling and walking projects create 11-14 jobs
per $1 million spent, compared to just 7 jobs
created per $1 million spent on highway projects.
—Alliance for Biking & Walking, 2012 Benchmarking Report
                                                           ”
Local businesses

“
... thrive in densely-built, walkable communities, and are more
 likely to stock local products, supporting other local businesses.
— American Independent Business Alliance, 2003                        ”
Local business

“
... retail sales are up along city streets that have
bike paths, pedestrian plazas, slow zones or
select bus service…
— NYC DOT, 2012      ”
“
Shoppers who arrive in urban neighborhoods….
on foot or by bicycling spent more month to

       ”
month.
— NYC, Portland OR
Attracting & retaining employees

“
Younger workers want to be in walking distance of work, restau-


                                                                    ”
rants, and shopping; they’re looking for more social interaction.
— CNN/Fortune, 2011
Health



“
Active transportation yields: lower BMI (body
mass index), lower waist circumference, lower
odds of high blood pressure and diabetes…
— American Journal of Preventive Medicine, 2012   ”
“   Employees can save $16 for every $1 they spend on health and
    wellness, and workplace fitness programs have been shown to
    reduce employer health care costs by 20% — 50%.
    — American Heart Association, 2011
                                                    ”
Public health costs


“
If one in ten Massachusetts adults started a
regular walking program, the state would save
$121 million in heart disease expenditure

          ”
annually.

— MA Department of Public Health, 2008
Real Estate



“
Nearly half of the U.S. population – 150 million
baby boomers and their children – may be in the
market for walkable, transit-oriented neighbor-

                                ”
hoods with smaller homes.
— Brookings Institution, 2011

Among people younger than 19:
• 1998 – 64.4% had a driver’s license
• 2008 – 46.3% had a driver’s license
A 10-point
                                              increase in Walk
                                              Score increases
                                              commercial                  5
                                                                          0
                                              property values             H
                                              by 5% – 8%.                 y
                                              [University of Arizona &    P
                                              Indiana University, 2010]   D
                                                                          W
                                                                          P
                                                                          [




“
Homebuyers will pay a $20,000 to $34,000 premium for homes in


                                ”
pedestrian-friendly communities.
— CEOs for Cities, 2009
                                                                          1
                                                                          U
                                                                          U
                                                                          L
                                                                          P
Real estate


“
Real estate values over the next 25 years will rise
fastest in communities with a compact mix of
residential and commercial districts in a pedestrian-

                        ”
friendly configuration.
— Real Estate Research Corp, 2002
The community support that will get us there


“
Small-scale pedestrian improvements along streets
result in higher physical activity levels and have high

                            ”
levels of public support.
— Centers for Disease Control, 2011

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Good walking is good business wendy landman

  • 1. good walking is good business (biking too!) making massachusetts more walkable
  • 2. Retailer, homeowner, city official, or CEO — walkability helps your entire community grow and prosper
  • 3. Four broad areas of benefit • economy • business • health • real estate
  • 4. Broad based economic strength “ ... many states with higher VMT (vehicle miles traveled) per capita actually performed worse economically than those with lower rates of driving. ” — Kooshian & Winkelman, Center for Clean Air Policy, 2011
  • 5. Disposable income • Transportation is the second largest household expense in the U.S. Driving a newer sedan in 2011 cost an average annual amount of $8,946. —AAA • Each additional car in a household budget reduces that household’s mortgage capacity by about $150,000. —Robert Freedman, Realtor Magazine
  • 6. Job impacts of infrastructure investment “ ... Bicycling and walking projects create 11-14 jobs per $1 million spent, compared to just 7 jobs created per $1 million spent on highway projects. —Alliance for Biking & Walking, 2012 Benchmarking Report ”
  • 7. Local businesses “ ... thrive in densely-built, walkable communities, and are more likely to stock local products, supporting other local businesses. — American Independent Business Alliance, 2003 ”
  • 8. Local business “ ... retail sales are up along city streets that have bike paths, pedestrian plazas, slow zones or select bus service… — NYC DOT, 2012 ” “ Shoppers who arrive in urban neighborhoods…. on foot or by bicycling spent more month to ” month. — NYC, Portland OR
  • 9. Attracting & retaining employees “ Younger workers want to be in walking distance of work, restau- ” rants, and shopping; they’re looking for more social interaction. — CNN/Fortune, 2011
  • 10. Health “ Active transportation yields: lower BMI (body mass index), lower waist circumference, lower odds of high blood pressure and diabetes… — American Journal of Preventive Medicine, 2012 ”
  • 11. Employees can save $16 for every $1 they spend on health and wellness, and workplace fitness programs have been shown to reduce employer health care costs by 20% — 50%. — American Heart Association, 2011 ”
  • 12. Public health costs “ If one in ten Massachusetts adults started a regular walking program, the state would save $121 million in heart disease expenditure ” annually. — MA Department of Public Health, 2008
  • 13. Real Estate “ Nearly half of the U.S. population – 150 million baby boomers and their children – may be in the market for walkable, transit-oriented neighbor- ” hoods with smaller homes. — Brookings Institution, 2011 Among people younger than 19: • 1998 – 64.4% had a driver’s license • 2008 – 46.3% had a driver’s license
  • 14. A 10-point increase in Walk Score increases commercial 5 0 property values H by 5% – 8%. y [University of Arizona & P Indiana University, 2010] D W P [ “ Homebuyers will pay a $20,000 to $34,000 premium for homes in ” pedestrian-friendly communities. — CEOs for Cities, 2009 1 U U L P
  • 15. Real estate “ Real estate values over the next 25 years will rise fastest in communities with a compact mix of residential and commercial districts in a pedestrian- ” friendly configuration. — Real Estate Research Corp, 2002
  • 16. The community support that will get us there “ Small-scale pedestrian improvements along streets result in higher physical activity levels and have high ” levels of public support. — Centers for Disease Control, 2011