BRT boosts the region’s economy
Across the country and here in Pittsburgh, transit – and BRT in particular – has proven to be an important driver of and complement to improving
economic opportunities in the communities it serves. Transit has the positive effect of elevating property values in proximity to service stops, increasing access to jobs and thereby supporting local business viability, and providing a commuter life line and alternative to other costlier modes of transportation. Furthermore, successful BRT is a marker of a region that prioritizes sustainable development and is committed to meeting needs today while having an eye on the future too.
Easy access to transit increases the desirability of residential and commercial development, improving the market value of property in the neighborhood. This can mean growth and investment for communities in the corridor through stabilizing property values, attraction and retention of commerce, residents, and visitors too; and the subsequent positive impacts for social and community interests.
Good transit leads to more commerce around the transit centers and along the routes as businesses establish themselves in the corridor. More businesses establishing themselves in the corridor means more jobs for Pittsburghers.
More Money in the Neighborhood
Neighborhoods can more easily attract both private and public investment around a strong BRT system. Stores, restaurants, offices and improved services can help transform a neighborhood.
Saving Public and Private Dollars
In addition to creating the infrastructure that supports community development, BRT can help make transit operate more efficiently and to be of higher quality. Between ridership increases and private investments into the community, establishing BRT can help save public dollars.
BRT can help save public and private dollars by:
- Operating efficiently with a lower cost per transit rider
- Making transit less dependent upon public monies
- Inviting more private investment in the community
- Giving more mobility options to saving commuters money in personal vehicle, fuel, insurance, car maintenance, and parking costs
- Increasing productivity in the workplace by getting employees to and from work reliably