Economic Value of Walkability
The Victoria Transport Policy Institute's "Economic Value of Walkablilty" has been added to the Best Practices in the Resource Center.
This report, which was released, Feb. 1, 2011, describes ways to evaluate the value of walking, the activity, and walkability, the quality of walking conditions, including safety, comfort and convenience). The report notes that walking and walkability provide a variety of benefits, including basic mobility, consumer cost savings, efficient land use, community livability, improved fitness and public health, economic development, and support for equity objectives. The report finds current transportation planning practices tend to undervalue walking. The author suggests that more comprehensive analysis techniques described in the paper will increase public support for walking and other nonmotorized modes of travel.