20% increase in property values

A cultural organization in a community has been shown to increase nearby residential property values by up to 20%.

Parkinson, A., Kahn, G., Peck, E., & Cohen, R. (2017). Business Contributions to the Arts, 2017 Edition (Research Report R-1630-17-RR) [Electronic version]. The Conference Board. Retrieved 29 January 2018 from http://www. americansforthearts.org/sites/default/files/TCB-Business-Contribution-to-theArts-2017.pdf

Arts & Intersections
Economic Development
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