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The Economic Value of Protected Open Space in Southeastern Pennsylvania - Summary Report
Product No.: 11033B
Date Published: 3/2011
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Geographic Area Covered: Bucks, Chester, Delaware, Montgomery and Philadelphia counties
Abstract: This is the Summary Report of the full report on the Economic Value of Protected Open Space in Southeastern Pennsylvania. Protected open space is understood to offer many benefits, but few have been quantified in dollars and cents. The Delaware Valley Regional Planning Commission (DVRPC) and the GreenSpace Alliance (GSA) partnered to commission this study quantifying the economic value of protected open space in Southeastern Pennsylvania. The study uses cutting-edge research to quantify the economic value of SE PA's 200,000 acres of parks, preserved farms and natural areas in terms of property value, ecosystem services, direct use and health benefits, and economic activity. The study also includes qualitative place-based case studies that tell stories about what certain protected open spaces mean to people and communities. The consultant team of Economy League of Greater Philadelphia, Econsult Corporation, Keystone Conservation Trust, and the US Forest Service conducted the analysis. [UPDATED & REPRINTED 08/2017]
Key Words: Protected open space, preserved open space, economic value, property values, environmental services, ecosystem services, recreation and health values, economic activity, GreenSpace Alliance, Summary Report
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