A report releasted this morning from the University of North Texas Center for Economic Development and Research found that DART’s Green Line, which is slated to start rolling through East Dallas in September, will have created 27,586 jobs between 2007 and 2014. The line, which will cost more than $1.6 billion, is estimated to have a $3 billion impact on the economy, the study found.
The study focused on jobs directly and indirectly related to the construction of the lines. In the next five years, DART expects to spend $868 million on construction and maintenance for the Green Line, which is scheduled for completion in December 2010. That will create about 12,000 temporary jobs, $1.5 billion in economic activity and as much as $37 million in tax and fee revenues, according to the study.
The entire study is available here.
Click to sign up for the Advocate's weekly news digest and be the first to know what’s happening in Lakewood/East Dallas.