Numerous studies have evaluated the economic value of open space.

Time and again the research has shown that preserving open space adds value to the local economy, saves Townships & community residents money, and that net savings provided by open space make it more cost efficient than development

Open Space is a valuable asset that makes Worcester an attractive & high quality place to live, while strengthening our regional economy

In 2019, Friends of Worcester partnered with the Keystone Conservation Trust to have a “Return on Environment” Study done that looked specifically at the Economic Value of open space within Worcester

In 2022, Montgomery County conducted a similar Return on Environment Study looking at the Economic Value of open space in our County

Key Findings of Return on Environment Study Research:

• Raises Property Values

• Creates Jobs: farms, parks & rec Staff, open space tourism, etc

• Saves on Municipal Services: flood Mitigation, pollution control, etc

• Healthcare Cost Savings: from outdoor recreation

Development costs more in services than the tax revenue it brings in.

Open Space mitigates the cost of development, while yielding these other economic benefits.