Everything's Coming Up Streetcars
"Cincinnati officials are assembling financing for a $132 million system that would connect the city's riverfront stadiums, downtown business district and Uptown neighborhoods, which include six hospitals and the University of Cincinnati, in a six- to eight-mile loop. Depending on the final financing package, fares may be free, 50 cents or $1.
The city plans to pay for the system with existing tax revenue and $30 million in private investment. The plan requires the approval of Mayor Mark Mallory, a proponent, and the City Council.
At least 40 other cities are exploring streetcar plans to spur economic development, ease traffic congestion and draw young professionals and empty-nest baby boomers back from the suburbs, according to the Community Streetcar Coalition, which includes city officials, transit authorities and engineers who advocate streetcar construction."