Impacts of light rail on property values vary by distance and income level

A new study on the economic impacts of New Jersey’s River Line light rail system has shed some light on the complex relationship between transportation infrastructure and the housing market. The study highlights the more localized economic effects of the light rail system. The results provide an interesting opportunity for transit managers and planners to consider the varied effects new transportation infrastructure may have on different types of surrounding property.

Reinventing the Urban Interstate: A New Paradigm for Multimodal Corridors (TRB, 2011)

This report’s objectives are to evaluate the potential for rehabbing and rebuilding sections of interstate highways in urbanized areas to serve multimodal transportation facilities and to develop strategies to implement these plans. Download the full …