![]() ![]() This collaborative profit-sharing initiative is easily replicable and a prime example of how circular business models can fund public spaces and sustainable urban development. Despite the low percentage given to the project, it provided enough support capital to ensure the park could remain public and enjoyed by all. + Where can I find parking There is no designated parking for the park, although you can find street parking and several parking garages in the area. Salesforce Park, an average of 70 feet above the city streets, is a 5.4-acre public park lushly landscaped and programmed with attractions that include a 800-person amphitheater, children’s playground, public plaza, planned restaurant, and areas for quiet repose. However, the project share was relatively small, and the property owners would gain most of the profits. How to get to Salesforce Park by BART Click on the BART route to see step by step directions with maps, line arrival times and updated time schedules. for 2 hours Meter - 3.50 for 2h Max allowed stay of 1 day 16h 4 min walk 3. Such a redevelopment and feature in any part of a city, regardless of the exact locality, undoubtedly adds significant value to nearby properties.ĭevelopers struck a deal with owners to share a certain percentage of this rise in property value. ![]() Except proposed an innovative profit-sharing scheme to help fund the park, encourage cooperation and actively involve nearby residents and developers with the complex.įirst, properties surrounding the park were valued by an independent and well-established third party and compared to future values - projected to five years after its completion.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |