Cities Increasingly Rely on Developers to Build New Parks

By Sasha Jones, Bisnow

Even after the pandemic created widespread appreciation for open space, funding for park operations from local governments is below pandemic levels. With the population growing and migrating across the country, developers have been behind the creation of a majority of the new parks in the U.S. in recent years.

Bisnow, dives into these public private partnerships, sharing both the challenges facing public parks and success stories like TAT’s Lovejoy Wharf and Clippership Wharf. Read the full article here.