Downtowns, Main Streets, and city centers across the country are witnessing a renaissance. As more Americans chose the convenience and connectivity of walkable neighborhoods, communities are seeing new businesses, restaurants, and shops open in areas that were formerly vacant or economically distressed. This movement presents an economic opportunity for communities. Creating a vibrant, walkable neighborhood … Continued
Stimulus spending data shows that funds spent on public transportation were a more effective job creator than stimulus funds spent on highways. This analysis shows that in the first ten months of the American Recovery and Reinvestment Act (ARRA), investments in public transportation created twice as many jobs per dollar as investments in highways.
Through the end of 2009, American Recovery and Reinvestment Act (ARRA) investments in public transportation produced almost twice as many jobs per dollar as investments made in roads: Every billion dollars spent on public transportation produced 19,299 job-months. Every billion dollars spent on projects funded under highway infrastructure programs produced 10,493 job-months. As Congress and the Administration discuss a possible jobs bill, the implication is clear: shifting available funds toward public transportation will increase the resulting employment.
Hundreds of companies across the United States are moving to and investing in walkable downtown locations. As job migration shifts towards cities and as commercial real estate values climb in these places, a vanguard of American companies are building and expanding in walkable downtown neighborhoods. Why are companies choosing these places? What are the competitive … Continued
A new trend in local economic development is emerging. Talented workers—and the companies who want to employ them—are increasingly moving to walkable neighborhoods served by transit, with a vibrant mix of restaurants, cafes, shops, cultural attractions, and affordable housing options.
Many companies—from Fortune 500 titans to lean startups to independent manufacturers—are moving to places that offer great quality of life for their employees. As Smart Growth America detailed in our 2015 report Core Values: Why American Companies are Moving Downtown, these companies want vibrant neighborhoods with affordable housing options, restaurants, nightlife, and other amenities in … Continued
What do communities get for their investments in Complete Streets? In this study of 37 projects, Smart Growth America found that Complete Streets projects tended to improve safety for everyone, increased biking and walking, and showed a mix of increases and decreases in automobile traffic, depending in part on the project goal. Compared to conventional … Continued
Building Better Budgets: A National Examination of the Fiscal Benefits of Smart Growth Development surveys 17 studies that compare different development scenarios, including a brand-new study of Nashville-Davidson County, TN, commissioned specifically for this report.
Smart Growth America analyzes states’ investments in infrastructure to determine whether they made the best use of their spending based on job creation numbers. “Recent Lessons from the Stimulus: Transportation Funding and Job Creation” evaluates how successful states have been in creating jobs with their flexible $26.6 billion of transportation funds from the American Reinvestment … Continued
This report reviews American Recovery and Reinvestment Act project choices to answer critical questions about states’ accountability to the taxpayers who are providing tens of billions of dollars for new transportation projects.
Are all transportation projects of equal value to long‐term economic growth? If not, is it possible to select projects with better return and still move money and employ people in the economy quickly? Smart Growth America commissioned the following papers to answer these questions.