Friends of White Flint

Promoting a Sustainable, Walkable and Engaging Community

P.O. Box 2761

White Flint Station

Kensington, MD 20891

Phone: 301-980-3768

Email: info@whiteflint.org


Tag Archives: agglomeration

The “hidden economic value” of transit could be worth millions

Posted on by Amy Donin

Comments Off on The “hidden economic value” of transit could be worth millions

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The economic benefits of agglomeration (i.e. more people clustered together in one place) can be huge. Essentially, as more people cluster together, more jobs do too, and both wages and economic productivity increase. A recently released paper for Urban Studies reveals that transit may be the key to producing agglomeration, which can in turn yield an impressive economic benefit to the tune of $1.5 million to $1.8 billion a year per city.…

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