Parks as a Business Model - Briar Chapel
Everything is a business model. This is a recurring mantra at one of the financial blogs I read. Looking at the local real estate market it’s apparent that while many developments have gone belly up others are meeting the needs of the market and doing quite well. While significant concentrations of capital certainly help weather the storm of the tentative housing market, other factors help to separate the successful developments from the foreclosed ones.
For example, homes are selling fairly briskly in Briar Chapel; clearly it’s a desirable place to live for many. Much of the appeal is due to the investment in parks and recreational amenities, planned from the outset. By full build out they’ll have 21 neighborhood parks, around 900 acres of open space and greenways with 24 miles of planned interpretive trails, boardwalks and paved paths. The resident’s club has a number of pools, a fitness facility, planned tennis courts, etc. A natural amphitheater is planned. A new dog park and community gardens were just created to meet the desires of residents.
|Cycling at Briar Chapel - photo credit link|
Conscientious place-making doesn’t just make better places, it’s very good for the bottom line as well.
|Briar Chapel's Pool - photo credit link|
|Kids biking at Briar Chapel - photo credit link|
If you’re looking for a new home or just want to get a better look at Briar Chapel, you may consider attending their Earthday Event on April 16th from 9 AM to 4 PM. It will feature a 5K run, culinary tour and other festivities.