When it comes to investing in the public good, there are few things that offer as much ROI as public art. From beautifying neighborhoods and increasing foot traffic to promoting local businesses and boosting property values, the benefits of public art are too numerous to count. Here are just a few of the reasons why your community should invest in public art!
1. Public Art Beautifies Neighborhoods and Increases Foot Traffic
There's no denying that a well-designed piece of public art can brighten up even the dreariest of neighborhoods. But did you know that public art can also increase foot traffic? Studies have shown that people are more likely to visit areas that boast impressive public art displays. So, not only will investing in public art make your community more pleasant to look at, it will also encourage people to get out and explore all the great things your town or city has to offer!
2. Public Art Promotes Local Businesses and Boosts the Economy
When people come to admire a piece of public art, they're also likely to do some shopping or grab a bite to eat while they're in the area. That's good news for local businesses! Not only does foot traffic translate into sales, but studies have also shown that people spend more money when they're in areas with beautiful public art. So, if you're looking for a way to give your local economy a boost, investing in public art is a great place to start.
3. Public Art Increases Property Values
It's no secret that first impressions matter—especially when it comes to real estate. That's why so many cities and towns invest in beautification projects like planting flowers and trees or building parks and playgrounds. But did you know that public art can be just as effective at boosting property values? In fact, one study found that properties located within 500 feet of public art saw a 4% increase in value on average!
4. Public Art"></a> Connects People and Builds Community Pride
Public art has a way of bringing people together like nothing else can. It gives strangers something to bond over and provides a sense of pride for members of the community. What's more, public art often leads to more user-friendly and pedestrian-friendly communities—something we can all benefit from!
As you can see, there are countless reasons why investing in public art is a wise decision for any community. So next time you hear someone say that "art is a waste of money," be sure to set them straight!