“A number of cities around the globe have discovered that a new museum or arts district not only revitalizes downtowns, they improve real-estate values as well. Home buyers are drawn to the buildings’ bold architecture, as well as the rotating exhibits, guest lectures and attractive indoor and outdoor common areas.”
The Wall Street Journal looks into the Bilbao Effect and how bringing arts districts and museums to neighborhoods creates more than just a fun new cultural destination. From Bentonville, Ark. to Saskatoon, Saskatchewan, cities are seeing revitalization and growth in transformative ways, especially with governmental support.
Visit The Wall Street Journal‘s website to read the article and learn more about the Bilbao Effect.
