Understanding the Economic Value of Schuylkill River Park
As work begins on Schuylkill River Park in Center City Philadelphia, residents and visitors alike can look forward to having an urban greenspace and recreational amenities available to them. The Schuylkill River Development Council (SRDC) is in the latter stages of raising funds for the construction of the Park. To bolster these ongoing efforts, SRDC has sought to make the case that Schuylkill River Park (and the Lower Schuylkill area in general) is a worthwhile investment of public and private funds.
Therefore, SRDC engaged the Pennsylvania Economy League, Inc. - Eastern Division to conduct a thorough study of the Park's economic value, focusing on the qualitative aspects of value but providing quantitative analysis where possible.