New research being released by TRU today shows that significant investments in rapid transit could generate tens of thousands of good jobs and billions of dollars in new development. 
Our research intern, Steve Hurst, studied the impact that new light rail systems have had in Dallas, Minneapolis, St. Louis and Charlotte. Each region made a major investment in light rail in the past 15 years, and each experienced billions of dollars in new commercial and residential “transit-oriented development” (TOD), thousands of new jobs, property value increases and other substantial economic benefits as direct result of the transit systems. Our region could achieve the same.
The four cities profiled in this report are just a few of the dozens of cities throughout the country have experienced similar results. These case studies not only list statistics of property value increases and overall new investment, they also detail specific developments and quote developers discussing why the transit line was so important to their investment decisions. Read the press release and highlights or download the full report.