by Margaret AllenStaff Writer Dallas Business Journal - May 17, 2007
With the doubling of Dallas Area Rapid Transit's light rail system now begun, the mass transit agency has released a study saying its $4.86 billion investment in the line will pay off two to one.
Texas will gain $8.1 billion in economic activity from build-out of the next 48 miles of light rail by 2013, according to the study by Bernard Weinstein and Terry Clower with the Center for Economic Development and Research at the University of North Texas. ...
DART's new, 20-station Green Line will run more than 27 miles from Pleasant Grove, an area of southeast Dallas, to Carrollton. It's set for completion in 2010.
Also planned are the 14-mile, seven-station Orange Line to Dallas/Fort Worth International Airport, set for completion in 2013.
The 4.5 mile, one-station Blue Line expansion to downtown Rowlett is set for completion in 2012.
mallen@bizjournals.com | 214706-7119 Read more
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