Downtown L.A. Streetcar Economic Study Released

February 8th, 2011 by Eric Metz

The Downtown L.A. Streetcar Project is pleased to announce the findings of an economic impact study conducted by AECOM. A full copy of the report report is available here.

Major Findings

After accounting for expected baseline growth, AECOM found that the Downtown L.A. Streetcar system will directly support $1.1 billion in new development, 9,300 new jobs, $24.5 million in new annual consumer spending, and $47 million in new city revenue. These values are all additive above and beyond expected growth rates.

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