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<br />In Norman Newton's book "Design on the Land H (t 971. Harvard Press), many company towns, new <br />towns, and subdivisions that included parks and parkways are reviewed. The main object of the book <br />is to critique the designs of these developments, but for some examples the economic results of the <br />proj~ts are discussed, too. While it is usually not clearly spelled out that the parks and parkways <br />were directly responsible for an increase in property values, parks and parkways were unique to the <br />develO1lments and vere repeatedly credIted with increasing the quality of We for the residents. <br />Many of these first planned communities were subsidized housing and thus had artificially <br />supressed market values. Early effects upon the market value v.s. expence to the community cannot <br />be accurately discussed. <br /> <br />Port Sunlight is an industrial village built by Lever Brothers in Liverpool in 1887. Primarily meant <br />to house the company workers, the development is an early user of the .super block: with housing on <br />the perifery of the block asnd common garden or park area in the interior. The development also had <br />park land not surrolJndedby the housing, but centrally located in the community. The development <br />vas a huge success but no mention of increased property value is given and the rent levels were meant <br />'to only cover actual operational expences. <br /> <br />Riverside, Illinois Is a suburban housing development near Chicago that was designed by Olmsted, <br />Vaux & Co. in 1869. Newton describes the economic stu:ess .of Riverside as: <br /> <br />'What resulted was an unusually inteltegent venture that quickly came to be <br />regarded as a leading example of sound real estate operation, with customers <br />so uniformly satisfied as virtually to guarantee a continuing market. It was an <br />outstanding early model for careful1y formulated deed restrictions, worked out <br />by Olmsted and Bouton together with a view of maintaining high quality. <br />stabilityo( values, and a harmonious community." <br /> <br />Riverside "creates a vi!1age-,Ji.ke subUrb with a SYlvan domestic atmosphere: This is the result of <br />maximizing the slight topography with. looping roads. A careful preservation of vegetation and a <br />system of parkways and parks help create thIs atmosphere. <br /> <br />Forest Hills Gardens on Long Island, New York: is an example of a subdivision that includes parks. <br />parkways, and a village square. that experienced a ~eat rise in property market value. It was <br />originallY intended for middle income fami1les but lras from the start been a high income area. <br /> <br />Mariemont is near CincinnatI, Ohio and was designed by John Dolan in 1923 for Mrs. Thomas Emery <br />as a memorial for her husband. It was to be a complete community that would provide comfortable <br />working and liVing conditions. Its park land's success in increasing market value is summarized by <br />Newton: <br /> <br />"The Nolan plan of 1921 has adhered remarkably well. and the recreational <br />facilities indicated for the upper level of Dogwood Park and JUSt east of the Dale <br />Park section have been built. judging form the enthusiastic testimony of people <br />who have lived in Mariemont, it is a happy, harmonious town. Except for the <br />fact that income levels have been higher than the ori&inal intent, it would <br />appear that Mrs. Emery's dream has finally come true." <br />