Complete Streets is a transportation policy and design approach that requires streets to be planned, designed, operated, and maintained to enable safe, convenient and comfortable travel and access for users of all ages and abilities, regardless of their mode of transportation. A newly funded research project aims to demonstrate the economic and non-economic benefits of Complete Streets in the city of Richfield, which has been active in reconstructing several previously vehicle-oriented roads to allow for safe travel by those walking, cycling, driving automobiles, riding public transportation, or delivering goods.
By measuring the impacts of pedestrian- and bike-related improvements in Richfield, this Minnesota Local Road Research Board-funded study hopes to help guide future transportation investments for building sustainable and safe urban environments.
This analysis will include four closely related steps:
- First, University of Minnesota researchers will select suitable improvement sites in Richfield to study and collect project information, including project maps, description of complete street features and GIS files at the parcel level before and after the project.
- Identify economic and measurable non-economic benefits. The university will work with the City of Richfield to identify possible economic benefits (such as increased property value) and other measurable benefits (such as public health benefits associated with pedestrian or cycling activities) of the Complete Streets projects.
- Estimate economic benefits, such as increased housing value or as additional business activities.
- Lastly, researchers will quantify and monetize non-economic benefits, such as public health or environmental benefits related to pedestrian or cycling activities. Data about benefit indicators will be collected through survey or interview. These benefits will then be monetized using common value parameters identified from the literature.