APTA | Passenger Transport
January 31, 2011

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NEWS HEADLINES

CCAP Report: Smart Growth Helps Boost Prosperity

A new report from the Center for Clean Air Policy (CCAP) reveals that—in a reversal from the past—driving for longer distances is no longer an indicator of economic growth and that urban growth strategies such as walkable communities provide both economic and quality of life benefits.

According to the report, Growing Wealthier: Smart Growth, Climate Change and Prosperity, smart growth enhances community prosperity and generates economic benefits for local businesses, households, and governments. It shows how pent-up demand for walkable communities is reshaping the real estate market and cities investing in public transportation and downtown development are experiencing cost savings, growing tax revenues, increased property values, and booming retail sales.

“In our transforming economy, more and more exchanges of goods and services take place in channels unimaginable a quarter of a century ago,” said CCAP Transportation Analyst Chuck Kooshian, co-author of the report. “While transportation is still vital to economic activity, people and goods in motion are only a part of a much greater whole.”

Growing Wealthier documents how efficient land use planning can improve household resilience to rising oil prices by enhancing travel choices. Allowing more people to live closer to job centers can boost employment rates and income levels for low-wage workers while reducing exposure to congestion for all. It also shows how smart growth policies can cut government infrastructure costs, enhance public health, and conserve natural resources.

The executive summary and full report are available online.

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