Comment 30623

By jason (registered) | Posted April 30, 2009 at 07:16:50

that's exactly what the city has been doing in recent years with the residential loan program, and BIA grant money. Hundreds of new residential units have been built and many more are on the way. The return on investment from this program has been astonishing. Probably the most successful program the city has ever implemented. Of course, new restaurant investments and reno's have also taken place during this time throughout the downtown core. LRT will only help increase the construction/renovation activity to a much greater level by providing a key piece of infrastructure that is essential in urban living. That of course, draws more people, which allows builders to build more buldings.

Again, just read the links provided above if you're truly interested in learning about how to develop a successful LRT system. Our own city reports talk about doing all the necessary things with zoning and increased density rules like other cities have done.

I provided quite a bit of reading for you to help you out. Enjoy.

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