What are the economic impacts of urban planning?

What are the economic impacts of urban planning?

Urban planning significantly influences local economies by shaping land use, transportation, and infrastructure.

Can you give examples of positive economic impacts?

Sure! Effective urban planning can lead to increased property values, job creation, and improved public services.

What about negative impacts?

Negative impacts can include gentrification, displacement of low-income residents, and increased cost of living.

How does urban planning affect small businesses?

Good urban planning can enhance foot traffic and accessibility for small businesses, boosting their sales and sustainability.

Are there any case studies you can share?

Yes, cities like Portland and Copenhagen have implemented successful urban planning strategies that positively impacted their economies.