Streetcar Economic Impact
As more and more cities explore the feasibility of streetcar
development, identifying the potential economic impact will be
critical to building the case for public funding. The Danter
Company has case studied existing streetcar systems throughout the
country in conducting its
Economic Impact Study
for Columbus, Ohio..
When considering economic impact, it is important to consider
not only ridership, but also the following:
- Impact on opening land for high density mixed-use
development
- Ability to move not only residents and workers, but also
tourists
- Potential to revitalize blighted areas
- Ability of system to complement existing transit options
(buses, light rail, etc.)
- Impact on lodging development
- Impact on residential development
- Impact on employment development
- Impact of streetcar access as an attraction amenity to
existing development
Our case studies of existing streetcar systems included the
following:
- Analysis and physical inspection of streetcar system
- Interviews with key public officials
- Analysis of ridership
- Identification of streetcar-related development, including
lodging, residential, and other commercial development
If your area is considering streetcar development, we'd love to
discuss what we could bring to your exploratory process. For
more information, contact Ken Danter at 614-221-9096 or via
email.
Key Columbus Economic Impact Findings.
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