Economic Impact & Jobs
More than just a modern transportation system, the Streetcar will act as a hugely influential economic engine for Broadway, the Downtown community and the City of Los Angeles.
- Economic engine for new development - $1.6 billion in new development, 4,500 new housing units, 7,400 new residents
- Job creation - 26,000 new local jobs in L.A., 8,500 permanent jobs, 17,400 construction jobs
- More money spent in Downtown LA - $24.5 million in new annual spending
- Increased city revenue - $303 million in new tax revenue, $87 million to City of L.A., $67 million to local schools