This collaborative profit-sharing initiative is easily replicable and a prime example of how circular business models can fund public spaces and sustainable urban development. Despite the low percentage given to the project, it provided enough support capital to ensure the park could remain public and enjoyed by all. However, the project share was relatively small, and the property owners would gain most of the profits. PT on Tuesday, Septemduring the session titled Purpose-Driven Ventures: Ecopreneurs Scaling Climate Impact. Such a redevelopment and feature in any part of a city, regardless of the exact locality, undoubtedly adds significant value to nearby properties.ĭevelopers struck a deal with owners to share a certain percentage of this rise in property value. Sign up for your free Salesforce+ account and tune in to see Garden for Wildlife’s 30-second spot, which will debut during Dreamforce at 3:30 p.m.
and offers both an urban oasis in a garden-like setting and constant activity with a. Except proposed an innovative profit-sharing scheme to help fund the park, encourage cooperation and actively involve nearby residents and developers with the complex.įirst, properties surrounding the park were valued by an independent and well-established third party and compared to future values - projected to five years after its completion. Salesforce Park, set on the rooftop of Salesforce Transit Center.
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