Sometimes it can be hard to see how public transportation drives an economy. However, here in North Texas, new transit-oriented developments are spurring financial growth. Tax revenue, jobs, wages, and spending for new construction boosts incomes, increases local business profits, and provides more funds to support community services. The infographic below illustrates how 28 projects (under construction, completed, planned, or proposed) within a quarter mile of DART rail stations have contributed to the region’s economic growth.
Source: The Economic and Fiscal Impacts of Development near DART Stations 2014 – 2015, Economics Research Group – University of North Texas
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As you can see, economic activity ripples throughout the Dallas-Ft. Worth region and creates a more vibrant community for all. This type of economic-stimulating development is possible because of our region’s commitment to multi-modal public transportation.