Economic Development Benefits of New Transit Service: RiverLINE
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2010-06-01
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Edition:Final Report
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Abstract:This report documents the economic impacts of the RiverLINE, a light rail line connecting Trenton and Camden, New Jersey. The study examined whether and how the line impacted local land use, residential property values, travel behaviors and firm performance. Data included structured interviews, evaluations of local zoning ordinance and land use change, surveys of households and firms within a four-county area with an oversample of those located within a half-mile of the 20 stations, and real estate data. We find modest and mixed economic impacts of the line in its early years of operation.
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Content Notes:Title on spreadsheet: Transit Oriented Development Benefits of New Transit Service: The River LINE
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