Why Does Wall Street Care About Parks and Recreation?

San Diego California
January 2016

A recent economic impact assessment commissioned by the National Recreation and Park Association (NRPA) shows that parks and recreation have a $140 billion dollar annual impact on the United States economy and sustain around 1 million full-time jobs. This goes to show that agencies small, medium and large are responsible for major capital investments in their communities coast to coast.

To dive deeper into the economic impact of parks, NRPA invited 30 directors and leaders from across the country to the San Diego Innovation Lab January 27-29. This event covered:

• Macroeconomic trends that will affect how municipalities borrow and spend money.
• New and existing tools to finance, design, build and maintain and park and recreation projects.
• Open conversation with investors, lenders, community development experts, developers and fellow leaders in the field to ensure that when it's time to make your capital requests you are getting the best deal for your agency and your community.

 

Presentations and Materials:

• Why Wall Street Cares About Parks and Recreation... and How Do I Access Their Capital - The Jefferies Group
• Public-Private Partnerships: Tools, Tactics, Opportunities - Bob Cornwell, CSG Advisors 
• Smart Cities Financing Guide - Smart Cities Council/Center for Urban Innovation
• Where's The Money? - The Aspen Institute - Project Play | The Sports Facilities Advisory and The Sports Facilities Management/Texas A&M Health Science Center
• Sample Financial Forecasts - Sports Facilities Advisory (SFA) and Sports Facilities Management (SFM)s