Tuesday, September 17, 2013

Streetcar and Economic Development

A recent article on streetcars and economic development in The Atlantic Cities, have highlighted the need for more empirical study to better understand how streetcars affect urban development. Melbourne Tram system is a perfect case for such study.
"A 2010 survey of 13 U.S. streetcar systems, sponsored by the Federal Transit Administration, concluded that the economic impact of streetcars remains largely unknown. System representatives "believed" that streetcars enhance development but didn't actually "seek information" about this economic impact — perhaps because there's not much to seek"

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