Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »



Rail News Home Rail Industry Trends

9/23/2004



Rail News: Rail Industry Trends

TriMet obtains FTA grant to spur more development along new light-rail line


advertisement

Tri-County Metropolitan Transportation District of Oregon (TriMet) recently obtained a $37 million grant from the Federal Transit Administration for its Interstate MAX light-rail line, which opened for service in May.

The 5.8-mile light-rail line is spurring new development in the area; about 50 new businesses have opened along the line and more are planned. For example, the Fred Meyer store is investing $20 million to renovate its existing property to accommodate growing customer traffic. A new grocery store also is being built along the line, as well as a 36,000-square-foot transit-oriented village at North Interstate and Killingsworth Street that will include apartments, condominiums, townhomes and street-level retail.

TriMet plans to use the grant to purchase new signs, train control signals and equipment for the 10-station line, which runs from central Portland north along the Interstate 5 corridor.