Via Infrastructurist today, a nice story from USA Today on streetcars in the U.S.:
In 2008, a study by the city found that Portland’s streetcar system had generated $3.5 billion in investments and prompted construction of 10,212 housing units within two blocks of the line.
The Pearl District has had “a fraction” of the business closures experienced by other Portland neighborhoods during the recession, says Joshua Ryan, executive director of the Pearl District Business Association.
“It’s the hottest place in the city,” he says. “It’s the safest district, the cleanest district. … The benefits of streetcars have surpassed our expectations.”







