Rail Passenger Service And Development Go Together

ntbraymer

Text And Photos By Noel T. Braymer

Having watched improvements in Rail Passenger service in California over the last 35 years or so, I notice new construction and business happens after rail passenger services improves. Let’s face it, the old pre 1970’s train stations were generally not in the best parts of town. In the past the railroad stations were mostly used for freight business with passenger service as a sideline. But as passenger service improved in California starting in the mid 1970’s, so has the neighborhoods around the stations. This is particularly true when train stations have been transformed into intermodal transportation centers.This is a major selling point for expanding and improving rail passenger service. The local transit agency in Hong Kong is also a major landlord in Hong Kong. The rental income from the property it owns around its stations is its largest source of income. In fact…

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