Wednesday, June 3, 2015

ROI multiplier for #publictransit can be high as 9

Public transportation key to our future: "Business leaders know that to be successful, changes in our way of thinking need to occur. Recently, Yaromir Steiner, CEO of Steiner + Associates and developer of Liberty Center, noted that the key to the design and layout of Liberty Center is the millennial generation, "who want walkable, urban areas with parks and public transportation."

Strategic routes and partnerships connecting people to businesses, jobs, health care and shopping benefit our economy and restore a level of dignity and pride in our residents. Successful connections contribute to the vitality of our businesses and communities. The return on investment can be significant. Statistics from the Economic Development Research Group show that a $1 investment in public transit has a rate of return of $4 and in some cases, up to $9."

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