The rewards of transit-oriented development have been documented. Metromode asks: Is Metro Detroit in-tune and on track when it comes to this?
Excerpt:
Every
dollar invested in public transportation yields approximately $6 in
economic returns, according to the American Public Transportation
Association.
This kind of currency, it seems, floats with
progressive Detroiters. In an about-face from the car-clogging attitude
of, say, 1978, when the Southeast Michigan Transportation Authority
allowed its lease with the Grand Trunk Western Railroad connecting
Detroit and Pontiac to expire, the train has come full-circle.
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