{"id":8002,"date":"2012-02-21T12:00:43","date_gmt":"2012-02-21T17:00:43","guid":{"rendered":"http:\/\/spacingottawa.ca\/?p=8002"},"modified":"2013-01-21T09:26:31","modified_gmt":"2013-01-21T14:26:31","slug":"urban-planet-public-perception-and-the-economic-benefits-of-light-rail-transit","status":"publish","type":"post","link":"https:\/\/spacing.ca\/ottawa\/2012\/02\/21\/urban-planet-public-perception-and-the-economic-benefits-of-light-rail-transit\/","title":{"rendered":"Urban Planet: Public Perception and the Economic Benefits of Light Rail Transit"},"content":{"rendered":"

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Urban Planet is\u00a0a daily roundup of\u00a0\u00a0blogs from around the world dealing specifically with urban environments. We\u2019ll be on the lookout for websites outside the country that approach themes related to urban experiences and issues.<\/em><\/p>\n

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It’s generally accepted that light rail transit spurs positive economic impacts along the length of the planned corridor. Property values rise, commercial sites experience more customer traffic, and further development is encouraged. But as a recent article in The Atlantic Cities<\/a> points out, the window of time one looks at and the nature of public perception of the LRT can have very real economic implications. Author Eric Jaffe uses the example of New Jersey Transit’s River LRT Line which opened in 2004. With expectations of noise, disruption and increased crime, property values along the line dropped during construction. After the line came into service, properties within a half mile of stations rose in value by roughly 12-14 per cent.<\/p>\n

Image from The Atlantic Cities<\/a><\/em><\/p>\n

<\/em>For more stories from around the planet, check out Spacing on\u00a0Facebook<\/a>\u00a0and\u00a0Twitter<\/a>.\u00a0 Do you have an Urban Planet worthy article you’d like to share? Send the link to\u00a0urbanplanet@spacing.ca<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

  Urban Planet is\u00a0a daily roundup of\u00a0\u00a0blogs from around the world dealing specifically with urban environments. We\u2019ll be on the lookout for websites outside the country that approach themes related to urban experiences and issues. It’s generally accepted that light rail transit spurs positive economic impacts along the length of the planned corridor. Property valuesContinue reading “Urban Planet: Public Perception and the Economic Benefits of Light Rail Transit”<\/span><\/a><\/p>\n","protected":false},"author":4081,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ngg_post_thumbnail":0,"_ef_editorial_meta_paragraph_assignment":"","_ef_editorial_meta_date_first-draft-date":"","_ef_editorial_meta_checkbox_needs-photo":"","_ef_editorial_meta_number_word-count":"","footnotes":""},"categories":[5302],"tags":[796,4059,882,1731,550],"class_list":["post-8002","post","type-post","status-publish","format-standard","hentry","category-features","tag-author","tag-eric-jaffe","tag-facebook","tag-twitter","tag-urban-planet"],"acf":[],"yoast_head":"\nUrban Planet: Public Perception and the Economic Benefits of Light Rail Transit - Spacing Ottawa<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/spacing.ca\/ottawa\/2012\/02\/21\/urban-planet-public-perception-and-the-economic-benefits-of-light-rail-transit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Urban Planet: Public Perception and the Economic Benefits of Light Rail Transit - Spacing Ottawa\" \/>\n<meta property=\"og:description\" content=\"  Urban Planet is\u00a0a daily roundup of\u00a0\u00a0blogs from around the world dealing specifically with urban environments. 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