2015 IUS Study on the Economic Impact of the Greenway

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During the Spring semester of 2015, IUS School of Business Urban Economics undergraduate students conducted an economic impact survey the results of which help the communities surrounding the Ohio River Greenway understand the economic and locational impact visitors to the Greenway have on their businesses and amenities.  The students conducted surveys at various times and places concentrating on the areas around the Big 4 Bridge and the New Albany Amphitheater.

The general findings were that 45% of the visitors polled were in the area and spent money because of the Ohio River Greenway and 62% of these were visitors to the area or non-locals.  66% of respondents would have taken their spending outside of the defined local area if the Greenway did not exist.  These findings show that the Ohio River Greenway has contributed positively to the economic and locational impact of the communities and will continue to do so as the survey results further show that 87% of the visitors would recommend the Greenway to others.

Click here to download the entire survey report and results.

Ohio River Greenway Master Plan Refresh: Greenway 2040 

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Greenway 2040 is an effort to refresh The Ohio River Greenway Master Plan, sponsored by the Ogle Foundation.

The “refreshed” master plan will identify opportunities to provide a linear park that will preserve and enhance the aesthetic character of the Greenway and the surrounding areas, while encouraging additional use of the facilities.

For more information or to engage, go to:  WWW.GREENWAY 2040.ORG.

Cary Stemle, Secretary for the Friends of the Ohio River Greenway, states in his recent blog: “These recent developments around the Ohio River Greenway are exciting. And the involvement of 21st Century Parks seems especially significant because it acknowledges the interconnectedness of Louisville and Southern Indiana.”

To read Cary’s complete blog, go to: http://www.bizjournals.com/louisville/blog/2015/02/could-a-walking-trail-be-the-future-of-regionalism.html

For more information about this exciting process, follow this link: Master Plan Refresh Article