Light rail transit supports economic development. Historically, property values near light rail transit stations increase as a result of light rail. Light rail transit opens up development opportunities. It increases the demand for mixed-use development such as housing, retail and office space because it is pedestrian friendly. Since implementing light rail transit, downtown Dallas has seen a mix of new buildings and older building being used for diverse development.
Light rail provides economic rebirth to neighborhoods.
Neighborhoods afflicted with decreasing retail and commercial business can revitalize their economy through light rail. Light rail accessibility can also attract new industry to the community and increase the community's tax base. Light rail transit generates millions in additional state tax revenues. Additional state tax revenues from new development can lure new businesses to the region and create new jobs. Light rail keeps central cities strong.