February 13, 2015

Business and Public Officials “United for the Purple Line”

As the new State administration considers transportation priorities for the next four years, business leaders and public officials met recently at the University of Maryland to reaffirm their strong commitment to the development of the 16-mile Purple Line that would run from Bethesda to College Park.

The project is the number one transportation priority of both Montgomery and Prince George’s counties and is critical to the economic growth of the region and to the State of Maryland.

The $2.4 billion public/private project is estimated to create 27,000 permanent jobs, increase property values along the route by nearly $10 billion, and provide another transportation option to help reduce traffic congestion, as well as linking the University of Maryland campus in College Park and federal employment centers.

Read the Federal Transit Administration (FTA) Capital Investment Program Project Profile on the Purple Line for FY 2016.

The meeting, moderated by Washington Board of Trade president and CEO Jim Dinegar and hosted by University of Maryland president Wallace Loh, included updates on the project’s progress, and highlights of the positive economic impacts.

A key outcome of the meeting was strategizing by political and business leaders on even further outreach to the State’s business community and liaising with the Hogan administration, which is reevaluating the project.

Read more about the Purple Line at www.purplelinemd.com

1 comment:

  1. The Economic Analysis by TEMS paints a very impressive picture for the Purple Line. The analysis will be updated soon by TEMS.


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