Bus

Report: Transit draws crowds, cash, to cities

Posted on August 15, 2013

BERKELEY, Calif. — The Atlantic Cities reported that planning scholars Daniel Chatman and Robert Noland of the University of California, Berkeley, are publishing a paper that makes the case that public transit produces “agglomeration,” or, more people gathering in the same space. That is beneficial because it draws more jobs to that space, increasing wages and economic productivity over time.  

The report shows that the hidden economic value of public transportation could be worth $1.5 million to $1.8 billion annually, depending on a city’s size. For the full story, click here.

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