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Economic Impact of Trails

This article is from “Carolina Thread Trail“
Little Sugar Creek Greenway A number of economic impact studies based on data and reasonable forecasting techniques indicate that connected bicycle/pedestrian facilities (like trails and greenways) offer a significant return on investment through property value increases, tourism, business investment, alternative transportation benefits and health benefits.

A 2011 cost/benefit study by Alta Planning and Design evaluated the completion of a multipurpose trail linking the City of Davidson and Cabarrus County (from the Cabarrus County line to downtown Charlotte). The study resulted in an internal return on investment of 16.21%, not including the quantification of recreational benefits. A 2007 study by Econsult, Inc. and Greenways, Inc. forecasting the economic benefit of the Carolina Thread Trail indicated that
increased tourism from a completed regional network would generate an estimated $3-$6 million in incremental state and local tax revenue per year.

Multiple studies indicate that property values for homes and businesses near trails are greater – with increases ranging from between 4% and 20% – when compared to properties not along trails. This is not surprising in light of the outcome of a recent survey by the National Association of Realtors that cited walking and biking trails as the #1 amenity desired by homebuyers.

While these studies are compelling, sometimes the most convincing evidence of the economic impact of an infrastructure investment can be accessed from talking to representatives from businesses that are directly
benefitting.

Furman University recently released an in-depth study of the health and economic impacts of the Greenville Hospital System Swamp Rabbit Tram Trail. The study provides a baseline for the impact of the 17.5 mile multi-use trail connecting Greenville to Travelers Rest, SC. For a segment of the study, interviews were conducted with nine managers or owners of retail businesses abutting or within 250 yards of the trail. Data from that study includes the following:

Most of the businesses reported increases in sales/revenue ranging from 30% to as high as 85% since the trail was completed.
One business decided to open as a result of the trail being built.
One business reported changing locations to a site on the trail and observed a 30% increase in sales.
One business reported that 75% of Saturday business and 40% of business during the week related to trail use.
These findings, when combined with general observations about how economic activity has been enhanced along stretches of the Carolina Thread Trail– like the Metropolitan stretch of Little Sugar Creek Greenway in Charlotte and the Peidmont Medical Center Trail in Rock Hill – are indications of how a connected regional trail network would generate large near-term economic returns. The case becomes even more compelling when hospitals, business centers, schools, retail and residential hubs are connected via multi use trails.

Along The Thread, we see and hear the momentum and excitement from local governments and community residents about trails opening in their neighborhoods and communities. We know all trails will help our communities be better places to live and work, while creating new economic activity for our communities for years to come.

Greenway Plan Faces Hurdles

The path ahead: County greenways plan faces major hurdles

Read the full article at MountainX.com

After years of planning and public meetings, Buncombe County is poised to release a comprehensive proposal for an extensive greenway system linking towns, parks, schools and other key sites.

Bolstered by recent successes in the city of Asheville, and by growing support for transportation alternatives, advocates are eager for the plan to be released (it’s due out next month). Black Mountain, Woodfin and Weaverville are also developing greenways.

But with the economy still reeling, even supporters concede that major funding and organizational hurdles lie ahead. Meanwhile, many opponents are adamant that limited tax revenues should fund other priorities.

Both sides cast their arguments in terms of economic development. And with the debate unfolding in the midst of a heated election year, it’s unclear how much support the greenways plan will ultimately find on the new, expanded Buncombe County Board of Commissioners come December.

Growing our Greenways by Buncombe County

Connect Buncombe is the outreach and involvement campaign center for Buncombe County Greenways and Trails Program. This video features local citizens, business leaders, and elected officials providing their desire for more greenways and trails in Buncombe County. It highlights the economic development, health and environmental benefits of greenways. It shows how greenways will make us greener, kinder, smarter, safer and healthier in Buncombe County.

The portion featuring Hominy Creek Greenway begins at 2:41.

 

Greenways, Please! by Connect Buncombe

The Greenways, Please! video is a collaborative effort of Buncombe County’s greenway advocacy group Connect Buncombe and its municipalities and partners, as well as local businesses and organizations to provide information about the benefits of greenways and the economic development impact of greenways.

Trolley Tract Purchase Thanks

We offer special thanks to the following whose work has made our park possible

Asheville Greenway Commission
Asheville City Council
Asheville Parks & Recreation
Buncombe County Commission
Buncombe Greenway Commission
Blue Ridge Bike Club
Asheville on Bikes
Marc Hunt, Claudia Nix, Mike Sule, Maggie Clancy, Brotherhug Barlow and many other individuals who have given their time and money to this project.
We owe great thanks to those who helped purchase the Trolley Tract

City of Asheville: $60,000
Buncombe County: $60,000
Greenway Friends: $30,000
Asheville Bicycle Racing Club
Pisgah Area SORBA (southern off road bicycle association)
Trek Bicycles donated a very nice bike that we took donations for tickets and then drew a winner, that brought several thousand dollars
Bio Wheels held an event that raised money that was donated toward the effort
Western NC Bicycle Dealer’s Association
Several BRBC individuals
Marc Hunt
Brotherhug & Janet Barlow
Claudia Nix Mike Nix and Liberty Bicycles

Our 2011 Gathering Sponsors were awesome

Diamond Brand Outdoors
Second Gear
Bandidos Burritos & Tamales
RiverLink
Biowheels
Eagle’s Nest Outfitters
Liberty Bicycles
Youngblood
Brotherhug
Asheville Greenworks
Nona Mia Ritrovo

Trails Important to Home Buyers

From National Association of Home Builders and the National Association of Realtors

In April, 2002 a survey of of 2,000 recent home buyers was co-sponsored by the National Association of Home Builders and the National Association of Realtors. The survey asked about the “importance of community amenities,” and trails came in second only to highway access. Those surveyed could check any number of the 18 amenities, and 36 percent picked walking, jogging or biking trails as either “important” or “very important.” Sidewalks, parks, and playgrounds ranked next in importance.

Ranking much lower were ball fields, golf courses, and tennis courts. However, the home buyers indicated that price and home size were far more important than proximity to work, the city or schools. Given three statements to choose from, 62 percent indicated “the top concern was price,” while 31 percent said that “finding a home in the right neighborhood was the top priority.” Just 7 percent of respondents said that “being close to work and minimizing the commute was really important.”

A graph showing that 36 percent of surveyed home buyers rate trails as important to very important nearby amenities
36 percent of surveyed home buyers rate trails as important to very important nearby amenities

Article from National Trails Training Partnership

Report to Asheville Greenway Commission

Report to Asheville Greenway Commission, November 10, 2011

The Friends of Hominy Creek Greenway is a group of neighbors and other stakeholders who are creating a vision and working to create a special park for our community.

The Friends of Hominy Creek Greenway has accomplished much since the first meeting this past May. Our core steering committee consists of Brotherhug Barlow, Jack Igelman, Jake McLean, Kristen Peppel, Tony Hauser and Nancy Hodges. Marcia Bromberg serves as our liaison to both greenway commissions.

Our vision for this greenway is to restore the park land to its natural state with a through trail for cyclists and meandering mulched trails for walkers.

Accomplishments this year

  • Vines have been cut from over 100 trees. Although there are many trees that have already been killed by the vines, we’re hoping to stop that.
  • Over 100 tires have been removed. Most tires were removed from the creek and the dump area. Many had been dumped down the hill from the Trinity Baptist Church parking lot.
  • Three dead trees blocking the trail were removed. A volunteer used his chain saw to cut the trees to movable lengths.
  • The dump sites have been cleared. Volunteers removed the roofing material, asphalt, glass and other trash from the top of the dump sites. Most construction materials were left for later removal.
  • The trail has been kept cleared all summer. MSD has usually cleared the brush from the sewer easement in late summer after the Japanese knotweed and other invasives had grown to a 7 foot height. We cleared the trail this year in March before the Ride of the Green and the ribbon cutting for the trail. A neighbor who grew up a block from the creek has kept the greenway mowed all year.
  • The park is becoming an educational space. Students from A-B Tech have been brought through to study the invasives. A Girl Scout troop came to learn about community development and explore the woods. Many groups of teens from church groups and from Outward Bound have gotten lessons about plants while helping clear the invasives.
  • Native Plant Inventory. Over 40 native wildflowers and other herbaceous plants have been inventoried.
  • Historical Research. In conjunction with the West Asheville History Center, much research has been done about the property, the trolley line, electricity in West Asheville, Edwin Carrier and the Sulphur Springs community.
  • Partnerships. Our cleanups have been through partnership with Asheville Greenworks. Riverlink is our fiscal agent. Blue Ridge Bikes helped raise funds.
  • The greenway is being used! Quite a few neighbors are using the greenway for commuting, several on bikes, one walking from Brevard Road to Asheville School. Many neighbors walk their dogs daily on the trail. Runners now have a route from Brevard Road to Sand Hill Road without having to go to Haywood. Asheville School cross-country team often runs the trail after school. Neighbors who have lived near the park all their lives are loving that it is now cleared and public.
  • 150+ people attended our celebration! There is growing excitement in our community for this greenway. Neighbors who grew up in this community are thrilled to see the land saved and being cleaned up.
  • The gathering was a successful fund-raiser. Over $500 was raised from auctions raffles and other small donations. A $250 donation was sent to our fiscal agent, Riverlink.
  • It’s on the West Asheville map. The newest edition of the West Asheville map now includes the Hominy Creek Greenway.

Future plans

  • Incorporate. We (most likely) will incorporate as a simple corporation using Riverlink as our 501(c)(3) fiscal agent.
  • Lease the property. We are seriously considering creating a proposal to lease the land from the city. We would  oversee the park and partner with Riverlink in the development of the greenway trail. Leasing would allow us to move forward, freeing the limited resources for other greenway and park projects.
  • Increase educational usage. We are coordinating with Vance Elementary and Francene Delany Schools for educational programs.
  • Get ped/bike count. The greenway will be included on the next ped/bike count.
  • Clean out dump sites. There are three sites where construction materials have been dumped. We hope the city will be able to remove these sites.
  • Clear the property of invasive non-native plants. This is an ongoing project long-term project.
  • Cut the new growth of vines on trees. In the spring we plan to cut the vines and paint the the cuts with appropriate herbicides.
  • Map out plant communities. Over the next year we plan to map out locations of the different plant species to determine plant communities in the park. This information will help us plan replanting.
  • A late spring greenway celebration. We have plans to do an expanded celebration some time in May on the greenway as a fun(d) raiser and greenway educational gathering.
  • Park Naming. We’d like to create a name such as “Hominy Creek Community Nature Preserve” which gives a sense of our location and intention.
  • Finish Historical Research. We are creating a timeline of historical dates for the lower Hominy Creek area including the Sulphur Springs community. We are also creating brief bios of the key people involved in West Asheville’s development. We hope to complete this research this winter.
  • Develop informational signage. We plan to create signs similar to the ones used in Malvern Hills Park and West Asheville Park that highlight the creek restoration.
  • Develop partnerships. We plan to work with Warren Wilson students in mapping plant communities. We hope to partner with other groups such as Asheville Botanical Gardens and the Buncombe Fruit and Nut Club in planning the replanting. Two growers have offered us native plants.

Issues to be resolved

  • We’ve not been able to get a digital or print copy of the survey from the Parks and Recreation department.
  • Trinity Baptist Church has not responded to several requests for obtaining easement.
  • Stormwater from the TBC parking lots and roofs creates a bog in one section and is eroding the trail at the bend.
  • Working through the city bureaucracy maze has been difficult. It would be very helpful to have a liaison who could help guide us.

Wish List

These are items which we hope we can get permission to install and funds to purchase.

  • Signs for each entrance
  • Bike racks
  • Doggie bag stations
  • A kiosk near the dam
  • Informational signage
  • Proper drainage for the storm water problems
  • Trail smoothed
  • Gate for Shelburne entrance