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This is just one example of the kind of investments that will instantly be made in our city's core if the rail lines are actually laid. These new businesses and residents will pay taxes. This will generate money for the city to use anywhere it needs. This means every neighborhood will benefit from the Streetcar system, not just downtown.
Cincinnati will finally have a chance to come back to life, competing for new jobs, companies, retaining college graduates, and attracting new residents.
A $185 million dollar investment will turn into BILLIONS of dollars of economic growth in return and it will do this without raising anyone's taxes!
We would be stupid to let this opportunity pass us by!!
Tuesday, May 19, 2009
This is why the Streetcar System needs to be built even in the midst of an economic recession.
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And I would assume that this is only the tip of the iceburg. Chris Rose is extremely dedicated to the neighborhood and is one of those beloved "urban pioneers." I can only imagine what things will be like once it gets to a critical mass.
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