Michael Alexander alerts us:
New York City Department of Transportation Commissioner, Janette Sadik-Khan released a report that discusses key approaches to street design projects and how results can be measured against goals for safety, serving all users and creating great public spaces while also maintaining the flow of traffic.
The report, Measuring the Street: New Metrics for 21st Century Streets, is adding to a growing amount of evidence that investments in more sustainable, safer streets that accommodate all users stimulates the local economy. Key findings include:
- Retail sales went up by 71% on Fordham Road in the Bronx following the introduction of more reliable Select Bus Service in 2008, three times the borough‐wide growth rate
- Retail sales increased by as much as 49% on portions of Ninth Avenue in Manhattan after the installation of parking-protected bike lanes, or 16 times the borough-wide retail sales growth
- In Brooklyn on the streets adjacent to Pearl Street Plaza, retail sales went up by 172%, nine times the borough-wide rate.
This growth comes on top of other demonstrated economic growth, including Times Square, where retail rents doubled following the 2009 Green Light for Midtown project and new flagship stores have opened and which now generates a staggering $110 billion in economic activity. Times Square last year was listed for the first time as one of the top 10 retail locations on the planet.
Meanwhile, there were 49 percent fewer commercial vacancies in the Union Square North area, where new plazas, simplified intersections and a protected bike lane were installed, while there were 47 percent fewer commercial vacancies on First and Second avenues after SBS and bike lanes were installed.
Download the pdf here.