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4.6 Return on Investment
AF
Implementing the Rail-Trail and associated parks is an investment in the City’s economic, social, and environmental future. Specific Return On Investments (ROI) that the City of Chamblee may experience include: • Increased tax revenue for the City as a result of increases in property values for properties adjacent to the Rail-Trail as well as increases in redevelopment of properties into higher density mixed use developments. Property values within 1,300 feet of the trail may increase anywhere from one percent to over twenty percent over current values
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• Increased occupational tax revenue due to possible increases in the number of businesses within the Mid-City character area • Increase in social capital and volunteerism
• Reduction in air pollution and an increased air quality
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• Reduction in local congestion for drivers
4.0 | Implementation Plan
• Reduction in wear and tear on roads and vehicles • Reduced health care costs for residents due to the potential increase of active lifestyle
DRAFT City of Chamblee Rail-Trail Extension Conceptual Design Study
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