An 81-mile trail stretching from New Haven to Northampton, Mass., that is expected to be finished in five to six years likely will lead to significant economic boosts to surrounding areas, including more jobs and higher property values, according to a new analysis.
The trail through Connecticut and Massachusetts is just a small section of the overall East Coast Greenway that eventually will run continuously from Maine to Florida. The shared-use path follows the historic north-south route of the Farmington Canal, from New Haven to Northampton. It is already 80% complete (65 miles) and final plans envision a continuous corridor for walking, running and biking with connections to urban districts, town centers, neighborhoods and natural landscapes.
Cambridge Econometrics’ economic impact analysis released this month shows the potential for significant new revenue streams, jobs and higher property values…