Nonprofit Alumni Jim Stone Discusses Walkability in San Diego
U-T San Diego -- Walking may be healthy but it's also good economics, studies at the national and local level show.
The Brookings Institution issued a report last month saying homes in walkable neighborhoods hold their property values better than in auto-oriented zones.
"As prices declined (during the recession), we saw a less steep decline in walkable neighborhoods," said Jim Stone, the group's executive director. One example he cited was Bird Rock, where the installation of roundabouts to slow traffic increased values and business. (Full Story)