By Roland Murphy for Arizona Builder’s Exchange
Even though Metro Phoenix is, arguably, second only to Greater Los Angeles as America’s most entrenched “car city,” the area and the state have made major strides in recent years to expand commuters’ options, create alternative-friendly systems and improve safety for drivers, pedestrians and cyclists alike. This has yielded major opportunity for companies that create the infrastructure those changes depend on.
Taking into account only the light rail system, more than $8.2B in development investment took place within a half mile of new and planned lines in the first 10 years of its creation. When other factors, such as design and development to improve walkability, bicycling and other alternative modes of transportation, are taken into account, the investment and development dollars increase even more significantly.
