By Luci Scott | Arizona Builder’s Exchange
Economic development along the light rail in metro Phoenix is a testament to the success of public investment spurring private enterprise.
The public capital investment in metro Phoenix’s light rail totals nearly $1.5B, and total investment has been more than $6.8B. The first 20 miles of the light rail system opened in December 2008.
The number of projects – recently completed, under construction and planned projects – from 2008 to present total 169.
“There’s been a lot of positive activity along light rail,” noted Albert Santana, light rail project administrator for Phoenix. “The development downtown with ASU has been great.”