The Anticipation of Rail Transit and Real Estate Development: Evidence from Green Line in St. Paul

Principal Investigator:

Jason Cao, Assistant Professor , Humphrey School of Public Affairs

Project Summary:

This research will investigate the degree that building activity has concentrated near Green Line light rail transit (LRT) stations in St. Paul. It will also include a longitudinal analysis comparing building activity throughout various stages of LRT planning and construction. The researchers hypothesize the occurrence of concentrated building activity, measured by a high LQ within a quarter mile of LRT stations relative to the four comparison corridors. Confirmation of the hypothesis would suggest that anticipation of the 2014 light rail service has positively affected real estate development along the Green Line in St. Paul.

Sponsor:

Project Details:

  • Start date: 02/2014
  • Project Status: Completed
  • Research Area: Planning and Economy
  • Topics: Economics, Planning, Rail