The economic impact of Greenville County’s proposed buffer expansion on the Reedy River Watershed
The Greenville County’s proposed buffer expansion aims to improve water quality in the Reedy River watershed by increasing buffers around streams, rivers, and wetlands. Earth Economics conducted an analysis of the economic impacts of the proposed ordinance across eight different existing, planned, and proposed neighborhood development sites.
Seven economic impacts were valued at each site related to environmental and community-based benefits from the expanded buffers and lost economic activities tied to changes to real estate development in buffer areas:
Water Quality
Home Value
Economic Development
Neighborhood Development
Tax Revenue
Flood Protection Value
Recreation Value