The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-05-13

- ROLLEY line building history
' goes to show that the electric
railway is the ~forerunner Of an
u advance in land values in the
territory served by this modern
form of rapid transit. Minnetonka
property has already felt the influence
of the announcement by the street rail
; way company that it would build and
operate a suburban rapid-service line
!. to Excelsior. Values. have toned up
and sitter prices are being asked than
have ever prevailed in that burg other
than in dreams. y
p Periodic rumors have foated ever
since the old motor line to Excelsior
/, was abandoned that the street railway
!. company was to build a line to the
lake. These rumors have risen and died
without results. In the present case,
however, work has actually begun on
the grading, which is an earnest of the
realization of the hope of Excelsior
7 people to see g. real estate boom in
! that city, with an increase in it's bust
ness and residence Importance. -.
With a supplementary report that
! the street railway company may oper-
T ate the Milwaukee roads lake branch
+ from West Minneapolis to Hotel st.
/ Louis as an electric line beginning next
T year, to serve intermediate points, the
I feeling is growing that the company
/ mas III InluQ IL tIoIlouuOuS SCuouc 10
T provide the entire lake shore with al
+ up-to-date electric service to and from
r the city. 49,. I
These two invasions Of Minnetonka
territory by electric lines, with a. prom
Use of rapid service to- the city, has
had a strengthening influence on prices,
+ as 1t is expected a hot demand for year
t. around homes will be created. The
%cheapness Of living and low taxes at the
r. olya will bo ottpo ofiya 4o aottara hui11.
ers, to say nothing of the summer de,
lights of a home on the shore Of the
/ big water.
/. So the trolley line ipcursion is tt
have an Immediate effect on values OF
property that is in touch with the Elk
celsior terminus Of the line, while {
general effect will be felt at once or
ali lake property as the public foreseet
that, with a. prospective complete CIR
ding Of the upper and lower lakes, al
r increase of population must necessarily
!. follow and a constantly dwindling sup
d. ply of cottage sites and acres for large,
estates.
Inasmuch as the surveyed route TO,
&sthe Excelsior line leads direct to tn
ga mile or two south of such. popular in
@4~tervening points as Deephaven, Cot
-@~gtagewood, Linwood and eSolberg
Point. Therefore these settlements ar
Enot directly interested in the trolle,
Line proposition. Excelsior and adjoin
sing territory is to receive the first AMI
full benefits of the new transportation
atsystem which is to inaugurate frequen
@electric service to the twin cities OF
Afast time.
y District First to Benefit.
y This means that Manitou on Gid
icons Bay, and the district lying aroun,
Mand between Christmas Lake and Elk
acelsior, is to benefit Immediately fror
sa better connection with the city. Thi
district of the lake has always been
favorite. The old town Of Excelsio
has afforded q center around which ha
F3grown up a rather thickly settled farr
country. Christmas lake, not far dis
liant, is a. popular cottage settlement
ssand the intervening acreage has bee
gradually populated. Very good raj
saroad transportation, facilities and tn
fact that provisions and other necess
tiles Of life can be obtained at Exec
ssior, also that it has always been
postofice town and a terminus for a
steamboat lines, have been the NEAR
of making a populous neighborhood {
Its environs. The additional electr:
service is expected to double the in
rygsportance of the village.
- The final determination of the stree
railway company to build a line to tt
eelake is going to have a beneficial e
feet on property values in a more gel