Speaking of the Business Press, here’s a great article from them about a subject I’ve talked about before - the development opportunities that would be opened up by the proposed modern streetcar system: Streetcars open up opportunities for developments. Here’s an excerpt:
If streetcar lines are set up around town, the first locations to get service will be those with the most demand, said Study Committee member Phillip Poole. Poole is also the lead development executive at Townsite Co., the company in charge of the Museum Place development at the intersection of Camp Bowie Boulevard, West Seventh Street and University Drive, also known as the Six Points Intersection.
“The initial prototype route we’re looking at is where there’s housing density, where there’s activity,” Poole said. The prototype route “may very well be in the cultural district where we have 7 million visitors or downtown where we have the convention center.”
Once routes are developed in areas with strong demand, plans for routes will then begin to develop in areas with growing development opportunities, such as those near the Fort Worth Stockyards along North Main Street and along Magnolia Street, Poole said.
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