Across the country the pattern is the same–when streetcars are installed, development follows. According to the Streetcar Feasibility Study, Cincinnati can expect $1.4 billion in new economic activity along the route.
Here is a list of the cities that have installed streetcars since 2000 and the amount of development that has occurred around those lines. None of these lines have been open for more than a decade, and some have been open for just a few years, so even more development is expected occur.
- Portland: $2,800,000,000
- Seattle: $1,400,000,000
- Tampa: $1,100,000,000
- Charlotte: $1,000,000,000
- Little Rock: $ 700,000,000
- Tacoma: $ 680,000,000
- Kenosha: $ 175,000,000
Support Economic Development in Cincinnati. Build the Streetcar.
All figures from the Feasibility Study except Seattle and Charlotte which are from the Mayor’s 2009 State of the City.