United States Department of Transportation
i
TIGER II Urban Circulator Impact Assessment
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2018-08-01
[PDF-12.88 MB]
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Abstract:Since the signing of the Transportation Investment Generating Economic Recovery (TIGER) grant program, the United States Department of Transportation (USDOT) invested substantial resources to fund streetcar projects in major urban areas. To assist USDOT in understanding the medium- to long-term impacts of streetcars, this research evaluated five systems that received TIGER grants and other federal funds. This study estimates impacts on property values, changes in business and employment growth, and changes in household job accessibility and travel times. The analysis reveals that streetcar investments have a positive impact on residential, commercial, and vacant properties. The magnitude of impacts is not equally distributed across the five systems and project phases (planning, construction, and operation). Panel data models on establishment and employment growth confirm the hypothesis that streetcars can be a catalyst for economic development. The impact on establishment and employment growth is greater at project announcement and during construction, with decreasing but lingering effects at opening and during operation. The accessibility analysis reveals that streetcars do not inherently result in marked gains to households and workers, especially if the study area is currently well-served by an extensive fixed-route bus system. Streetcars that integrate with a regional light rail or metro system provide minor added accessibility gains.
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