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The existence of large parks increases the value of properties that are located within close proximity in Pittsburgh. More specifically, properties within 2000 feet of a large park realize average green premiums of up to
$40,000.

Daniel Aiello, Namho Kwon, Nelson Cheung, Seok Ho Lee, Amy Chow, Arken Uteno,v Kujo Cofie-Godwin, andElizabeth Wantz

Aiello, Daniel et al. Measuring the Economic Impact of Green Space in Pittsburgh. The Urban Redevelopment Authority of Pittsburgh. May 2010.

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