cleveland.com: "-- A 5 to 10 percent reduction in traffic speeds translates into an 18 to 20 percent increase in property values.
-- Homes in walkable areas command 12 percent more than homes in areas that aren't very walkable, and commercial properties have values 5 to 8 percent higher.
-- Pedestrian-friendly, transit-served, mixed-use communities generate 10 times more tax revenue per acre than suburban development.
The Gund Foundation's Jaquay said the notion of retaining and attracting Millennials to Cleveland -- people 18 to 33 or so -- is not lost on local civic leaders.
Collier said a "culture shift" to change the funding model, attitudes and perceptions has to happen at the federal and state level, where most transportation funding dollars are doled out. "We should be able to spend more money on public transit," he said."
