Any Impact on Cincinnati Real Estate from Light Rail?
April 17th, 2009 categories: Cincinnati, Ohio, Real Estate News, Relocation
As we chugged down I-75 from Michigan I found myself wondering why we were driving and not “railing” home.
The greater Cincinnati metropolitan area needs a comprehensive light system-not only for travel within the 4 county area (as well as northern Kentucky) but also to simplify travel around cities located in the mid west states.
How cool would it be for the “kids” to hop on a light rail system running from Chicago and spend a day or two visiting home?
Perhaps it is time for our area to take the lead with light rail and quit waiting for direction from Columbus or Washington. Businesses with offices in Cincinnati and Dayton would not have to worry about shuttling employees between locations or to and from work. The key is to have central station locations with ample parking available.
As the light rail system expands in the area- so does the real estate around it.
Not only do commercial areas pop up to support the traffic…residential areas now considered “too far out” could become the new “in” locations.
If you let your mind wander, instead of so many college graduates leaving the area for work, maybe greater Cincinnati could entice some new multi state Midwest based companies to relocate here -bringing new job opportunities.
Anyone who has traveled to Washington D, Atlanta, or Chicago know how easy it is to jump on their “light rails” and travel to and from the city and airports. Even Cleveland has a city light rail system.
As long as we are dreaming-lets not forget to make the light rail user friendly- with places for luggage and bikes.
Let me know what you think!
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Honolulu is in the process of breaking ground on a light rail system. It is interesting to read the impact of a similar system in your market.
Aloha,
Keahi
[…] remain stable for the foreseeable future in most areas, although there are exceptions i.e. Munich Any Impact on Cincinnati Real Estate from Light Rail? - thecincyblog.com 04/17/2009 As we chugged down I-75 from Michigan I found myself wondering why […]
Kathy, Great comments about the possibility of the light rail for Cincinnati. This is such an important step for continued growth for our city. I wanted to mention an even more imminent initiative for exciting — and important — contemporary transportation for Cinti. … the proposed streetcars. If people who love this city will get behind the Mayor, the City Manager’s and the City Council’s efforts to ‘make the streetcars happen’ - it could be a significant milestone for Cincinnati. Some good sites to visit to stay informed follow. Thanks, Joanne from Lincoln Maly Marketing.
http://www.cincinnatiansforprogress.com/
http://www.cincystreetcar.com/
http://www.cincystreetcar.com/what.html
http://cincystreetcar.wordpress.com/
Joanne,
Thanks for the additional links
[…] but I can offer an opinion about the concept. Back in April I discussed the impact of “light rail” on the region and many out-of town buyers continue to be amused by our lack of speedy […]