Property Value Impacts of Rail Projects
Monday, December 12, 2016
10:15 a.m. - 11:30 a.m. CST
CM | 1.25Add to My Log
Making the case for increased investment in rail transit goes beyond the obvious benefits of enhanced community mobility, reductions in traffic congestion, and positive environmental impacts. Many studies have shown that public rail infrastructure investments lead to faster economic growth and greater private sector investment. This session will feature a case study of Central Florida’s SunRail that quantifies the property value changes and development-related tax revenues associated with this investment since service was first introduced in 2014. Adding to the local research, national examples of the real municipal return on transit investments and analyses of the assessed value of Transit Oriented Developments will also be presented using a new analytical and graphical tool developed by Urban 3.
Heather Sobush, email@example.com