CAPRI Explores The Economic Value of Urban Public Spaces

Public spaces are important to successful communities and cities. Well-functioning public spaces facilitate the growth and accumulation of social capital, and promote the well-being of citizens.These recreational spaces are often seen mainly for their aesthetic value, and are often regarded as “nice to have” but not essential. CAPRI in partnership with the European Union with Ms. Desiree Phillips as the Researcher is conducting a study which draws from case studies and will explore evidence of economic value added by existing public spaces.