Duluth Property Values Could Skyrocket With Restored Water Quality

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Duluth Property Values Could Skyrocket With Restored Water Quality

By KBJR Manager

Story Published: Apr 16, 2008 at 11:19 PM CST

Story Updated: Apr 16, 2008 at 11:19 PM CST

The Washington, D-C-based research group the Brookings Institute says the city of Duluth alone would see property values skyrocket by 200- to 300-million dollars - if the Great Lakes region's water quality was restored.

A recent follow-up to a study originally released in 2007 estimates that it will cost 20-billion dollars to restore the Lakes.

But the entire region would reap benefits valued at ten times that amount.

Most of the cost would be for improving city water systems to prevent raw sewage from getting into the Lakes.

The two largest cities on the Lakes - Chicago and Detroit - would see property values soar by up to seven-billion dollars.

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