Light rail propels $6.8B in metro EDV

light rail

light rail 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.”

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February 2015
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