Creative placemaking

This report explores the business aspect of investing in places using arts and culture. It first describes the effects that local governments, developers and residents should expect from a successful creative placemaking process: higher real estate values, local job growth, increased tax revenues, as well as social and environmental benefits. The report then lists 10 best practices for creative placemaking, describes how to integrate creative placemaking into local planning and development processes, and presents development incentives that cities can use to promote creative placemaking. It also supports the implementation of creative placemaking projects by describing creative financing options and long-term operating strategies. Finally, it presents several case studies of successful placemaking from various geographic, social, and economic contexts.