Creativity in community can increase community revenue by up to 105%.
Art and community development results in greater tax revenues. The downtown Phoenix creativity hub yielded a 105% increase in tax receipts, compared to a city-wide decline of 1.04%.
Waits, M. (2014). Five Roles for Arts, Culture, and Design in Economic Development [Electronic version]. Community Development Invest Review: Creative Placemaking, 10(2). Retrieved 16 May 2023 from https://www.americansforthearts.org/sites/default/files/five-roles-for-…
Arts & Intersections