The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Thursday, September 26, 2013
Report: Blue Line MAX Offers Nation's Best ROI for Rail, Spurring Billions in Development
A report by the Institute for Transportation and Development Policy states that the Metropolitan Area Express (MAX) Blue Line has generated $6.6 billion worth of development. In addition to reducing highway congestion, MAX has added jobs and revitalized the eastside and westside corridors. The report also concludes that high speed bus lines offer even better ROI.