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“Green spaces are assets and add value to housing” urges the Land Trust

Developers, local authority planners and central government must recognise green spaces as assets that boost local economies according to The Land Trust, which has just published its 2017-18 annual report.

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Developers, local authority planners and central government must recognise green spaces as assets that boost local economies according to The Land Trust, which has just published its 2017-18 annual report.

Land Trust Chief Executive, Euan Hall, said; Hall said: “We need developers, local authority planners and central government planning guidance to come together and change how we think about green spaces – not just as places which support the government’s objectives around health and well-being, but also as assets that boost local economies.”

Last year, the national land management charity published ‘The Economic Value of our Green Spaces’ which assessed the impact of the transformation of a former landfill site in England. The report highlighted that the green space has added £7.8 million total value to houses located within 500 metres of the park, as well as generating significant revenue for businesses which operate in the park or in the near vicinity. 

The valuation was based on the trust’s OS REEECH model (Open Space Returns for Economy, Environment, Education, Communities and Health), which provides evidence-based, measurable indicators of the benefits of well managed green space for communities.

 

Ivan Clark from Scottish Natural Heritage, who is leading a project on Green Infrastructure and Social Housing, recently wrote a blog for SFHA's Innovation and Future Thinking Programme.

IVAN CLARK's Blog