B1400
Title: Spatiotemporal modeling of urban greening
Authors: Shane Jensen - The Wharton School of the University of Pennsylvania (United States) [presenting]
Abstract: The recent availability of high-resolution data allows empirical investigation of the built environment interventions intended to improve urban neighbourhoods. A specific built environment intervention is evaluated for the greening of vacant lots in Philadelphia. Sophisticated spatiotemporal regression models are used, as well as various matching strategies, to estimate the impact of greening on neighbourhood safety and real estate value. Greening is associated with significant reductions in crime and increases in real estate value. Still, these effects differ substantially depending on the economic and land use context of the surrounding neighbourhood.