This research uses a structural equation model to determine local government administrators’ approval of existing cultural amenities. By using aspects pertaining to the social benefits and social costs as well as the economic benefits this research determines the approval level of cultural amenities by local government administrators. Amenities, especially cultural amenities have been gaining attention as ways to promote local economic development. The cultural amenities examined in this research are referred to as wall mural villages located throughout South Korea. The recent trend of government and local community groups to create these cultural areas in depressed neighborhoods has recently garnered some research and this research looks to add a new dimension. This research finds that social and economic benefits associated with the creation of an amenity directly affect the approval of amenities by local governments that are directly involved with their daily stewardship.