There are multiple ways to put a value on natural resources. These values include the use value, existence value, option value, aesthetic value, scientific value, educational value and cultural value.

The use value is based on the tangible that humans can obtain from the ecosystem.
Existence value is based on the thought that something exists even if there will not be any interactions with the ecosystem.
The option value of the ecosystem is based on a future value that either a person or society can benefit with.
The aesthetic value of the ecosystem is what the value is based on the beauty that is.
Scientific and educational values are one in the same. The values are based on what can be learned from the ecosystem.
Cultural value highlights the importance of nature within various cultural practices.

On August 2,2024 this design was unveiled for the Riverfront Improvement with groundbreaking excepted in 2025.

4.5 acres of new greenspace
½ mile river’s edge non-motorized trail system
Expansive seating areas overlooking the Grand River
Water access for recreational activities
Future public art opportunities
An access point to Acrisure Amphitheater
New trees that help grow the urban tree canopy and native plantings to improve habitat biodiversity and manage stormwater prior to entering the Grand River

Current Status on the left

Future on the right

There are multiple projects that the city of Grand Rapids wants to implement along with the above plan. The Anderson Economic Group also completed a report of the possible benefits of dredging the Grand River to make the river a tourist destination. The project would cover a 23 mile sections of the Grand River. The belief is that dredging would increase the boat traffic to the area which could generate $3.6 million one time impact. Then it is excepted that it would bring in $282,000 annually. The Anderson Economic Group believes that there will also be abother economic impact of up to $5.7 million annually in new visitor spending.

Dredging is not the greatest thing to do as it does mess with the ecosystems of the river. It seems as though there is a need to consider the cost benefit to impacting the river. This is a similar concept to the first project discused. All of these projects will create an economic impact, but at what cost?

Benefits to Green Infrastructure and Green Projects

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(W25) ENS 301-02 Samantha D (Responses)

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Current Status on the left

Benefits to Green Infrastructure and Green Projects

Join us Friday, April 4 for the Sustainability Showcase event on Allendale Campus!