error Up to a $3,500 sign-on bonus for new bus operators! Learn More
error DART Bus Route and GoLink Enhancements Begin January 23.
logo
  • logo
  • Trip
      Trip Planning
      • Plan Your Trip
      • Service Alerts
      • Severe Winter Weather Operating Plans
  • Guide
      Transit and Use
      • Schedules and Maps
      • Transit Services
      • DART Bus Service
      • DART Rail System
      • Trinity Railway Express -TRE
      • GoLink
      • Paratransit Services
      • Dallas Streetcar
      • M-line Trolley
      • West Dallas Shuttle 
      • Park & Rides, Transit Centers & Transfer Locations
      • Vanpool
      Supporting Services
      • Accessibility
      • Mobility Ambassador Program
      • Bike and DART
      • Rider Assistance Program
      • Park and Rides
      Safety and Security
      • Passenger Guide to Safety and Security 
      • Get Help (Safe Place program)
      • Safety and Security
  • Fare
      General Fares and Overview
      • Fares
      • Fare Citations and Policies
      • Discount GoPass® Tap Card
      • Reduced Fares
      • Group and Advance Sales Fares
      • Employer Pass Program
      • Day Pass Voucher Application
  • About
      About DART
      • About DART
      • Board Members
      • Executive Staff 
      • DART Scorecard
      • DART Service Area and Facts
      • DART Police
      • Belonging and Civil Rights
      Doing Business
      • Procurement
      • Advertising And Sponsorship
      • D/M/WBE Programs
      Project and Initiatives
      • Innovation
      • Expansion
      • Transit Oriented Development and Planning
      News and Events
      • News Releases
      • Events
      • Transit Education
      Public Access Information
      • Financial Information
      • Board Meetings Information
      • Community Connections
      • Right of Way Information
      • Reports and Policy Information
      • Public Information Act Requests
      • Legal Notices
      • Coronavirus Information
  • Careers
  • Help
  • Contact Us
  • language
    Home About News and Events News Releases News Release Detail

DART News Release

arrow_back_ios Back to News Releases
May 11, 2017 | General
Public investment around DART Rail moving North Texas

Media Relations Contact:
Morgan Lyons
Mark A. Ball

May 11, 2017

Updated UNT study

Public investment around DART Rail moving North Texas

View a printer-friendly
PDF version of the study:

The Economic and Fiscal Impacts of Development near DART Stations
(PDF file
opens in a new window)

Related Presentation:
Presentation for ULI North Texas 2017: Diving Deep into DFW
Presented by
Michael C. Carroll, Ph.D., Director, Economics Research Group, University of North Texas
A new study looking at the economic impact of publicly funded projects near the light rail stations of Dallas Area Rapid Transit demonstrates what economists and private real estate developers have seen for nearly two decades: DART Rail is driving the North Texas economy.

Researchers from the Economics Research Group at the University of North Texas, led by Michael Carroll, Ph.D., looked at 11 public projects, like Parkland Hospital, the Irving Convention Center or the Hatcher Station Health Center between 1999 and 2015 and found those types of projects are valued at $1.8 billion. Combined with privately funded transit oriented development, $10.8 billion has been invested near or along DART's 93-mile light rail system since 1999.

The updated study was presented at a meeting of the Urban Land Institute on May 11. Previous studies by UNT researchers looked at TOD projects like Mockingbird Station or CityLine and identified more than $7 billion in economic impact from new or planned construction within a quarter mile of rail stations.

DART Drives Investment Infographic
View a full size image of this infographic
View a printer-friendly PDF of this infographic

Researchers concluded the projects studied "represent not only the region's commitment to multimodal transportation options and an urban landscape that reflects the importance of those options, but billions of dollars in economic activity and tens of thousands of jobs throughout the region."

Carroll added, "This proves the wisdom of regional leaders in building a regional transit network like DART."

Growing the economy while advancing smart growth
The 93-mile light rail system, the nation's longest, was built at a cost of $5.5 billion. The most recent extension, three miles, connecting a renewed Ledbetter Station to the campus of the University of North Texas Dallas, opened Oct. 24.

"Public transportation transforms cities," DART President/Executive Director Gary Thomas says. "It not only provides connections to great destinations; it can be the catalyst for economic growth and community renewal."

More information about DART and transit oriented development is available at DART.org/EconomicDevelopment.

-- 30 --


Sign Up for Alerts Just for You!

The best way to stay up to date on service alerts and other DART-related news and information is to register for My DART Updates.

Subscribe

Contact Us Today!

1401 Pacific Ave, Dallas, TX 75202

call  214-979-1111

Representatives are available Monday through Friday: 6 a.m. to 8 p.m.

Saturday and Sunday: 8 a.m. to 5 p.m. Holidays: 8 a.m. to 5 p.m.

  1. Careers
  2. Contact
  3. Privacy Policy
  4. Legal
  5. Powered by Google Translate Translate
Hidden Utility Section
Search widget for navbar
2023 Dallas Area Rapid Transit
  • DARTable
  • DARTdaily
  • DARTzoom
arrow_upward