Part II: Streetcar Already a Selling Point

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Even before construction has begun, developers are already beginning to market proximity to the Cincinnati Streetcar as an attribute of a property.  This sign is on 646 Main St.

2 thoughts on “Part II: Streetcar Already a Selling Point

    John Smith said:
    March 24, 2010 at 10:35 am

    The streetcar is an idiotic waste of money. Paint two silver lines down the road, and buy four airport shuttle buses running on Hydrogen to follow the route. How much more will maintenance of underground utilities cost when workers have to dig around metal tracks in the street. Stupid waste of government money by even more stupid politicians.

      CincyStreetcar responded:
      March 25, 2010 at 9:33 am

      ^We could do that, and we might get a small transportation benefit from doing so. But we’d be missing the big picture – the economic development that results from a permanent improvement to the public realm. People aren’t dumb. They know that a bus line can be here today and gone tomorrow. It’s seems counter-intuitive, but it is the permanence of a transportation system that creates value, not its flexibility. What would happen if the Cincinnati – Northern Kentucky International Airport simply picked up and moved? Wouldn’t that cause a huge loss of value for all the businesses that have invested near there? Don’t you think home values would fall dramatically in Mariemont if Columbia Parkway suddenly went away? How valuable would your house be if your street could be moved at any time?

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