Bringing the Campus to the Community: An Examination of the Clark University Park Partnership after Ten Years John Brown Jacqueline Geoghegan © 2007 Lincoln Institute of Land Policy Lincoln Institute of Land Policy Working Paper The findings and conclusions of this paper are not subject to detailed review and do not necessarily reflect the official views and policies of the Lincoln Institute of Land Policy. Please do not photocopy without permission of the Institute. Contact the Institute directly with all questions or requests for permission. (
[email protected]) Lincoln Institute Product Code: WP07JB2 Abstract This case study examines a campus-community partnership conducted by Clark University, the University Park Partnership. Since 1995, this partnership has focused on improving educational opportunities and other neighborhood amenities for residents of the target zone. The study compares developments in the market for housing inside and outside of the target zone after establishment of the partnership. Although the turnover of properties changed little, owner-occupancy within the target zone increased substantially. Evidence from repeat-sales indices and hedonic analysis of the sales prices of homes points to a significant capitalization of benefits within the target zone. About the Authors John C. Brown is a Professor of Economics and teaches in the Urban Development and Social Change Concentration at Clark University. His affiliations include the NBER and the Leverhulme Center for Globalisation and Economic Policy. He received his Ph.D. from the University of Michigan in 1987. His research interests are in historical urban and international economics. He has researched housing, labor markets, public health and demographic change in the context of rapid urbanization.