Merge pull request #6 from robhowley/rh-prop-val

add real estate by trails writeup
robhowley · Jul 30, 2024 · 288ae1b · 288ae1b
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diff --git a/_posts/biz/2024-07-30-active-transportation-real-estate.md b/_posts/biz/2024-07-30-active-transportation-real-estate.md
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+---
+title: "Active Transportation and Real Estate, Urban Land Institute, 2016"
+categories:
+  - Good for business
+tags:
+  - Indianapolis
+  - Minneapolis
+  - Dallas
+  - Radnor
+---
+
+#### Protected bike lanes are good for property values
+
+* _Indianapolis_ (2014): the 1800 properties within 500 ft of 8 mile bike trail up in value by 148%, $1 billion in value
+* _Dallas_: 3.5 mile trail opened in 2006 through Uptown neighborhood, nearby property values up 80%
+* _Radnor, PA_ (2011): properties along a 1/4 mile bike trail valued on avg $69k higher
+* _Minneapolis_: every 1,300 ft closer to a separated bike lane increases a property's value by $510
+* _Nationally_ (2009): properties in above average walkability or bikability areas worth $34k more
+
+_Source_: [Active Transportation and Real Estate](/images/research/2016-active-transportation-real-estate.pdf), Urban
+Land Institute, 2016
diff --git a/images/research/2016-active-transportation-real-estate.pdf b/images/research/2016-active-transportation-real-estate.pdf