Cleveland Gambles On $200m Transit Project
Cleveland hopes to generate jobs, spark residential, retail and other development, generating jobs and revive it's shrinking tax base with the Euclid Corridor project.
"As part of the Euclid Corridor project, more than $80 million in federal transportation money will flow into Cleveland for a five-mile bus route that connects Public Square with University Circle.The route, which blends aspects of bus and rail travel, introduces a new and largely untested mode of transportation. The Euclid Avenue project is one of the first approved by the Federal Transit Administration, although the agency is a staunch supporter of the mode. Bus rapid transit costs about half as much as light rail and is more flexible because it doesn't rely on tracks and can accommodate on-street parking."
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