NYC's High Line Proves There's Money To Be Made In Refurbished Public Spaces
Major US cities hope to turn old railways into attractive parks and spaces following the success of the High Line, Manhattan's elevated linear park.
Cities in the U.S., including Chicago, Philadelphia and St. Louis, are hoping to convert old railways and tracks into public spaces and parks. These new projects have sprung up after the successful development of the High Line in New York City. What used to be a deserted railway trestle in the Chelsea neighborhood is now an elevated linear park that runs along the West Side of Manhattan with views of the Hudson River. The park has even generated an estimated $2 billion in new developments in residential units, hotels, offices and art galleries.