Practical approaches to the quantification of social and economic effects of green space in urban development: A case study of Umekita Redevelopment Project Phase II "Grand Green Osaka"＜Summary＞

As represented by parks, green space in cities has diverse functions, such as contributing to solving decarbonization issues, securing a nature-positive world, and improving wellbeing. It also plays an essential role in terms of sustainable community development. However, because it's difficult to quantify the diverse green space functions, public and private actors are not currently explaining them fully, making it difficult for them to procure the funds necessary for developing, maintaining, and operating parks and green spaces.
In this study, we attempted to quantify the various social benefits of parks and green spaces, providing an opportunity to resolve this issue. The survey covered the Umekita Second Phase Development, "Grand Green Osaka," which opened partially on September 6, 2024.