Page 14 - midJersey Business - May 2015

The Hub
The Hub

CHAMBER ADVOCACY WORK AND MEMBER NEWS

ALL ABOARD

Light rail project is a locomotive for business

T

Trenton Transit Center on South Clinton he MIDJersey Chamber of Industries that grew from 2002 to 2011

Avenue. This line will link Trenton’s Commerce and MIDJersey are healthcare and social services, inance
business hub to markets in New York and Center for Economic Develop- and insurance, and whole trade.

Philadelphia, and beyond.
ment (MIDCED) continue to
Supporting this Capital Expansion is
If implemented, The Capital Extension demonstrate our commitment to eco-
one of the ways the MIDJersey Chamber

plan is designed with three light rail nomic development.
of Commerce and MIDCED promote

vehicles—each will carry 90 seated and 108 One of our projects includes the Capital
economic development projects that will
standing passengers for a total of 198 riders.
Extension for the light rail in Trenton. With enhance communities and create new

The planned route will complement projects like the Capital Extension Plan for economic opportunities generating em-
private and public workers.
the light rail to enhance our transportation ployment and new revenues.

A recent MIDCED study found that a hubs, the New Jersey region will continue
$10 million capital investment in public to be attractive for business and a respon- The full report on the various economic

transportation projects generates $30 sible choice for growth and development.
impacts and social beneits of the Capital
million in business sales.
Extension will be released soon. Visit

Jersey City is a good example of all-over WHAT IS THE LIGHT RAIL PROJECT?
MIDCED.org for more information.
economic growth after the implementa- The Light Rail Project would connect

tion of a light rail.
the City of Trenton downtown with the

Economic

Engine

Beneits of the

Light Rail Project

It can serve as an efective method
for stimulating economic develop-

ment in a region. It can provide
a boost to employment, increase

property value, strengthen business
stability and development, and pro-

vide easily accessible transportation
for low-income individuals.

Public transportation saves travel-

ing expenditure and commuting
time. On average, public transporta-

tion saves $10,000 per year.

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midJersey