What’s the ROI of Tactical Urbanism? Our friends at State of Place ran an analysis of our recent Asheville Street Tweaks project with Asheville on Bikes and Asheville City Government to find out. While the intervention on Coxe Avenue focused on shared mobility and enhancing walkability, the study showed the impacts were felt far beyond the right of way.
The State of Place index score rose from 42.3 to 71.8, with a projected value capture of $3,510,323, or a return of $23.10 for every dollar invested. Not bad for $150k ($30k worth of paint, planters, and recycled plastic barriers)!