EDR Group conducted a study for the US conference of Mayors, sponsored by the Siemens Corporation,of the local economic development impacts and opportunities associated with development of high speed rail (HSR) service to selected American cities. This new researchfocused onfour downtownand metropolitan areas, uncovered a wide range of critical local issues that have not been identified in past studies that had focused on broader regions. Four cities representing a wide range of different locations, sizes and potential operating conditions were studied: Los Angeles, Chicago, Orlando and Albany, NY.
Stephen Fitzroy of EDR Group presented the study finding at the US Conference of Mayors annual meeting in Oklahoma City, June 13, 2010. Subsequently, he also presented the findings from a different perspective for the National High Speed Rail Conference: "Leveraging Federal Investment Locally" which was held at the Rudin Center for Transportation Policy and Management at New York University on June 16, 2010. On June 30th, at the request of the Subcommittee on Railroad, Pipelines, and Hazardous Materials, of the House Committee on Transportation and Infrastructure, Steve briefed Committee and Subcommittee members as well as senior congressional staff on the findings of this important new study.
News Media Coverage:
Not Your Granddad's Choo-Choo - The Albany Times Union, June 14, 2010
Chicago on the Low-End of High Speed Rail - The Chicago Tribune, June 13, 2010
U.S. Conference of Mayors Report Details Significant Economic Impact of High-Speed Rail -PRNewswire, Forbes.com, June 14, 2010
High Speed Rail to Spur Businesses, Jobs - Houston Tomorrow, June 15, 2010
High-Speed Rail Will Spur Growth in Hub Cities, Says Mayors Report - The New York Times, June 14, 2010
Considering High-Speed Rail: Important Questions for the United States - New York Transportation Journal, June 29, 2010
Report: Rail Could Bring 27,500 Jobs, Nearly $3B Worth of New Business to Orlando Area- The Orlando Sentinal, June 14, 2010