Many cities continue to be involved with expanding local transportation, especially train service, with projects either starting or continuing during 2026. These projects can have a huge impact on commercial and residential real estate, and it can mean a lot for brokers and investors to be aware of the new opportunities resulting.
On the residential side, having new and existing housing within close proximity of a train station has been known to increase property values. I recall a study a few years back by a real estate firm in Chicago showing the increased value of homes within a mile of Metra commuter train stations in the suburbs. For commercial brokers, land and commercial buildings near a new station location can become more valuable. New opportunities like restaurants, convenience stores, and office buildings are sure to follow to accommodate area residents and employees.
When it comes to marketing properties and opportunities, it's all about location. Knowing about a transportation expansion and where new or remodeled terminals are going to be could make you and your team "first in" on a great opportunity!
The below linked article recaps major projects around the country. My team and I would be happy to assist in the planning and marketing of such an opportunity!
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