The M-Line of The Hop streetcar is set to open in Milwaukee on November 2, but property values the route are already climbing faster than the rest of the city.
"Property values within one-quarter mile of The Hop streetcar route have climbed almost 28% since the streetcar was given the green light in 2015," according to information released by the city of Milwaukee this week. "The values along the route have grown at twice the rate of property value growth citywide."
Milwaukee Mayor Tom Barrett held a press conference to announce the news, touting the Hop as an economic development success in addition to its obvious role as a transportation asset.
The Hop M-Line is schedule to open on November 2.
Read the full story: Property Values Climb Along The Hop Streetcar Route
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