About the Post

Author Information

With Purple Line decision looming, county officials tout economic benefits

A study commissioned by Montgomery and Prince George’s counties estimates that the Purple Line light-rail project through the District’s Maryland suburbs would generate more than 40,000 permanent and temporary jobs, add tens of millions of dollars to the region’s tax rolls and boost property values by the billions.

The 81-page report by ­Frederick-based Transportation Economics & Management Systems (TEMS) is based on an analysis of job markets, transportation patterns, land prices and demographics along the planned 16-mile line that would connect Bethesda and New Carrollton.

The Purple Line would create “opportunities to fundamentally change the character of business in the area while expanding the level of social, personal and tourist interaction,” the study concludes.

Read full article here from Washington Post


No comments yet.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: