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.
- For more about the meeting, see the news release.
- Read the economic impact study.
- See points of economic development and federal employment centers along the Purple Line route.
- Read the letter to Governor Hogan from businesses.