24 August 2009

Another Streetcar Article

Ran across an article in the Portland Observer which was ostensibly about how the streetcar extensions could lead to displacement because of increasing property values. The following were interesting quotes from that article:

...The economic development created over 3,000 residential units, 800 of which are considered affordable for people of average or modest incomes.

..."It's been fabulous for urban commercial development," she said of the streetcar. "It's been a very positive impact on the community and the city."

...streetcars create "nodes of activity" that will benefit small businesses in the long term.

John Miller, the executive director of HOST, an affordable housing non-profit, hopes that future streetcars will actually help people of more modest incomes because they won't have to rely on their cars as much....

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