Streetcar advocates point to Portland, Ore., which built the first major modern streetcar system in the United States, in 2001, and has since added new lines interlaced with a growing light rail system. Since Portland announced plans for the system, more than 10,000 residential units have been built and $3.5 billion has been invested in property within two blocks of the line, according to Portland Streetcar Inc., which operates the system
The New York Times does a much better job covering the midwest (in its very limited coverage of our region) than The Indianapolis Star. Sad because last time I checked Indianapolis was pretty much smack dab in the middle of the Midwest.
For instance, the Times ran a story about th re-emergence of street cars in Cincinnati and Columbus, Ohio. These two cities–located near Indy and roughly the same size and very similar to the capital of Hoosierland-will be building a new street car system. It looks like this minor investment (compared to the huge subsidies for sports stadiums and new airport terminals–actually creates economic growth and creates investment in inner city neighborhoods.