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Driving Business with High Speed Rail

Posted by: Nate Berg

13 July 2010 - 10:00am

A recent report from the U.S. Conference of Mayors shows that high speed rail can be a driver of business opportunities. National Journal asks its panel of transportation experts if they think those findings are correct.

"The report focused on four hub cities: Albany, N.Y.; Chicago; Los Angeles; and Orlando. Despite the differences of these hubs, the report found that high-speed rail networks had similar effects in all of them, including expanding markets; making business travel more efficient; and encouraging mixed-use development."

Many of the experts agree with the report, but caution that building a high speed rail line won't instantly create wealth, nor will such a line be automatically successful.

Full Story: Will High-Speed Rail Drive Business?
Source: National Journal, July 6, 2010
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