Citizens for Modern Transit (CMT) will present Economics of Building Around Light Rail in a few short weeks. Set for Wednesday, Feb. 6 at noon at the Hilton St. Louis at the Ballpark, the event will feature National Transit Oriented Development Expert, Dena Belzer, who will provide insight on why building around light rail should be a top priority for the St. Louis region from an economic standpoint. The luncheon is $35 for CMT members and $45 for non-members. Those interested in attending can register prior to Jan. 31 at www.cmt-stl.org.
Local leaders, businesses, non-profits and citizens in attendance will learn more about how building around light rail creates and sustains jobs, creates livable communities, and makes sense economically for the St. Louis region. Belzer, who serves as the president of Strategic Economics, specializes in connecting regional economic and demographic growth trends to real estate development activity and local policy initiatives. She has established best practices for Transit Oriented Development in multiple communities and writes extensively on the topic.
The key question for St. Louis developers, lenders, and residents is why build near MetroLink? Why should St. Louis build around the 37 light rail stations that it has in place? Ms. Belzer will present the answer from an economic standpoint - because building around MetroLink is good business. It creates revenues, it creates healthy, livable communities and it is sustainable but most importantly it generates dollars for this region.
Here is a report that Ms. Belzer published on the topic: Transit Oriented Development: Moving from Rhetoric to Reality .
The Citizens for Modern Transit Lecture Series is designed to engage the public with development updates, new ideas and insight on how to get involved with transit-related affairs. These events seek to connect community leaders, businesses and citizens with information designed to make St. Louis more interconnected through alternative transportation solutions.
Special thanks to our sponsors Development Strategies, Metro, URS and US Bank.