O’Connor: Streetcar moves economic development forward (Journal Record)

Construction on the rail line for the Oklahoma City streetcar recently broke ground, marking another major MAPS 3 milestone. Many of us are eager to have another transit option in and around downtown Oklahoma City, but streetcar service offers more than mobility, it fuels economic growth.

Portland, Oregon, has seen $3.5 billion of new development within two blocks of the streetcar route in the past two decades. And after nearly a year in operation, Kansas City attributes nearly $3 billion in new economic development along the streetcar corridor since plans were announced in 2012.

Based on the experience of others cities, properties up to a quarter of a mile on either side of a streetcar route experience the greatest economic growth in terms of added housing and commercial growth. Using this parameter for Oklahoma City, it is estimated that over 10 years, streetcar service will significantly increase development in Midtown, downtown, Bricktown and the developing Core to Shore area by bringing more housing units, new commercial square feet, new businesses and new jobs.

Surrounding areas within walking distance of the streetcar route like Deep Deuce and the Arts District are also expected to benefit from the “streetcar effect.”

Economic growth is also expected to come from increased sales at existing businesses. Most of Kansas City’s downtown businesses reported a moderate to significant increase in sales, and 83 percent saw a positive increase in foot traffic. We anticipate similar growth for Oklahoma City.

There are still several factors that must be determined before estimating the economic impact of the streetcar. The appropriate types of data and the methods for tracking impact over time are still being discussed. For example, should we measure the impact within one block of the streetcar, or farther? From the time the streetcar begins service, or from the time the project was announced?

We are working with staff from the city, the chamber and Embark to make these determinations and begin the tracking of data. One thing is certain – the willingness and vitality of our community to embrace the OKC streetcar will have a positive impact for years to come.

Cathy O’Connor is the president of the Alliance for Economic Development of Oklahoma City.

Read the original article at journalrecord.com.

32 comments (Add your own)

1. wrote:
Wow, fantastic weblog layout! How lengthy have you been blogging for?
you made blogging look easy. The full glance of your web site is great, as well as the content material!

Fri, October 5, 2018 @ 9:19 PM

2. wrote:
I am sure this post has touched all the internet people, its really really nice
post on building up new weblog.

Mon, October 8, 2018 @ 5:58 AM

3. wrote:
Incredible! This blog looks exactly like my old one!
It's on a completely different topic but it has pretty much the same page layout
and design. Superb choice of colors!

Tue, October 9, 2018 @ 3:12 AM

4. wrote:
Thanks for the marvelous posting! I seriously enjoyed reading it, you might be a
great author. I will make sure to bookmark your blog and will
often come back at some point. I want to encourage one
to continue your great work, have a nice holiday weekend!

Tue, October 16, 2018 @ 6:25 AM

5. wrote:
wonderful publish, very informative. I wonder why the opposite experts
of this sector don't understand this. You should proceed your writing.
I am confident, you've a huge readers' base already!

Wed, October 17, 2018 @ 2:25 PM

6. wrote:
Hi, i read your blog from time to time and i own a similar one
and i was just wondering if you get a lot of spam feedback?
If so how do you prevent it, any plugin or anything you can advise?
I get so much lately it's driving me crazy so any
assistance is very much appreciated.

Thu, October 18, 2018 @ 6:36 AM

7. wrote:
Hello very cool web site!! Guy .. Beautiful .. Wonderful
.. I'll bookmark your web site and take the feeds also?
I'm happy to seek out so many useful information here within the
put up, we need work out extra techniques in this regard,
thank you for sharing. . . . . .

Fri, October 19, 2018 @ 5:42 PM

8. wrote:
Your mode of explaining the whole thing in this post is actually good, every one be capable of simply understand it, Thanks a lot.

Wed, October 24, 2018 @ 9:50 AM

9. wrote:
Hello there! I simply want to offer you a big thumbs
up for your excellent info you have here on this post. I am returning to your blog for
more soon.

Sun, October 28, 2018 @ 3:47 AM

10. wrote:
Howdy, i read your blog occasionally and i own a similar one and i was just wondering if
you get a lot of spam feedback? If so how do you prevent it, any plugin or anything you can recommend?
I get so much lately it's driving me insane so any support is very
much appreciated.

Fri, November 2, 2018 @ 8:25 PM

11. wrote:
Hi, yeah this paragraph is genuinely good and I have learned lot of things from
it concerning blogging. thanks.

Sun, November 11, 2018 @ 6:11 PM

12. wrote:
What's up, the whole thing is going nicely
here and ofcourse every one is sharing data, that's genuinely fine, keep up writing.

Wed, November 14, 2018 @ 1:38 AM

13. wrote:
My developer is trying to convince me to move to
.net from PHP. I have always disliked the idea because of the costs.
But he's tryiong none the less. I've been using Movable-type on numerous websites
for about a year and am nervous about switching to another platform.
I have heard good things about blogengine.net.

Is there a way I can transfer all my wordpress
posts into it? Any help would be really appreciated!

Sun, November 18, 2018 @ 8:56 PM

14. wrote:
I really like it when folks come together and share opinions.
Great blog, continue the good work!

Thu, December 6, 2018 @ 3:35 PM

15. wrote:
Thanks for the auspicious writeup. It if truth be told was once a amusement account it.
Look advanced to far added agreeable from you! However, how could we keep in touch?

Sun, March 31, 2019 @ 1:04 PM

16. wrote:
Hola! I've been reading your web site for some time now and finally got the bravery to go ahead and
give you a shout out from Houston Tx! Just wanted to tell
you keep up the fantastic work!

Wed, April 3, 2019 @ 2:25 AM

17. wrote:
Howdy! I know this is kinda off topic but I was wondering if you knew where I could find a captcha plugin for my comment form?

I'm using the same blog platform as yours and I'm having trouble finding one?
Thanks a lot!

Wed, April 3, 2019 @ 8:01 AM

18. wrote:
Its such as you learn my thoughts! You appear to know a lot approximately
this, such as you wrote the e-book in it or something.
I think that you just could do with a few % to drive the message
house a bit, but other than that, that is magnificent blog.
An excellent read. I'll definitely be back.

Mon, April 8, 2019 @ 12:15 AM

19. wrote:
I am really loving the theme/design of your web site.
Do you ever run into any internet browser compatibility problems?
A small number of my blog audience have complained about my
blog not working correctly in Explorer but
looks great in Firefox. Do you have any suggestions to help fix this problem?

Wed, April 10, 2019 @ 6:49 AM

20. wrote:
Today, I went to the beachfront with my kids. I found
a sea shell and gave it to my 4 year old daughter and said "You can hear the ocean if you put this to your ear." She
placed the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear.
She never wants to go back! LoL I know this is completely off
topic but I had to tell someone!

Fri, April 12, 2019 @ 9:52 PM

21. wrote:
I love it when individuals get together and share opinions.
Great site, stick with it!

Mon, May 6, 2019 @ 7:01 AM

22. wrote:
Hey there! Quick question that's completely off topic.
Do you know how to make your site mobile friendly?
My site looks weird when browsing from my apple iphone.
I'm trying to find a template or plugin that might be able to resolve this problem.

If you have any recommendations, please share. Thanks!

Thu, May 16, 2019 @ 7:54 PM

23. wrote:
Greate post. Keep posting such kind of info on your blog. Im really
impressed by your site.
Hi there, You have done an excellent job. I will definitely digg it and in my opinion recommend to my friends.
I am sure they'll be benefited from this site.

Fri, May 31, 2019 @ 8:19 AM

24. wrote:
Woah! I'm really enjoying the template/theme of this website.
It's simple, yet effective. A lot of times it's tough to get that "perfect balance" between superb usability and visual appearance.
I must say you've done a amazing job with this. Additionally, the blog loads very
quick for me on Firefox. Outstanding Blog!

Mon, June 3, 2019 @ 7:42 AM

25. wrote:
This is very interesting, You're a very skilled blogger. I have joined your rss feed and
look forward to seeking more of your wonderful
post. Also, I've shared your site in my social networks!

Thu, June 6, 2019 @ 8:16 AM

26. wrote:
naturally like your web site however you need to take a look at the spelling on quite a few of your
posts. Many of them are rife with spelling problems and I to find it very troublesome to
inform the reality however I will definitely come back again.

Sun, June 16, 2019 @ 1:17 PM

27. wrote:
If you wish for to get a great deal from
this paragraph then you have to apply these techniques to your won weblog.

Fri, June 21, 2019 @ 8:54 PM

28. wrote:
Heya i'm for the first time here. I found this board and I find
It truly useful & it helped me out a lot. I hope to give something back and aid others like you
aided me.

Fri, June 28, 2019 @ 9:42 PM

29. wrote:
First off I want to say superb blog! I had a quick question in which I'd like to ask if you
do not mind. I was curious to know how you center yourself and clear your head before writing.
I have had a tough time clearing my thoughts in getting my ideas out there.
I do enjoy writing however it just seems like the first 10 to 15
minutes are generally lost simply just trying to figure
out how to begin. Any recommendations or tips? Appreciate it!

Tue, July 9, 2019 @ 2:19 AM

30. wrote:
Remarkable things here. I'm very glad to peer your post.
Thanks a lot and I am taking a look forward to touch you.

Will you please drop me a mail?

Wed, July 17, 2019 @ 3:07 PM

31. wrote:
I enjoy, result in I discovered exactly what I used to be looking for.
You've ended my four day long hunt! God Bless
you man. Have a great day. Bye

Thu, July 18, 2019 @ 6:26 PM

32. wrote:
I read this piece of writing completely concerning the resemblance of most up-to-date and preceding technologies,
it's awesome article.

Tue, July 30, 2019 @ 4:52 PM

Add a New Comment


Comment Guidelines: No HTML is allowed. Off-topic or inappropriate comments will be edited or deleted. Thanks.