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<br />ECONOMIC IMPACTS <br /> <br />. <br /> <br />Work on the economic impacts of the Northstar Commuter Rail system is currently being <br />completed. The main areas of focus with regard to economic and development <br />implications will be from the following four perspectives. <br /> <br />1. Economic Efficiency - the efficiency (productivity) gains attributable to the <br />commuter rail will be quantified (in terms of money). <br /> <br />2. Economic Development - the ability of the commuter rail to make the corridor and its <br />communities more attractive as places to live and work will be quantified in terms of <br />jobs, population size and dollars (value added). <br /> <br />3. Station Area Development - prospects for development and redevelopment near the <br />stations, including land uses, will be evaluated. <br /> <br />4. Policies to Enhance Transit-Oriented Development - policies will be developed that <br />support and enhance transit-oriented development. <br /> <br />Results will be forthcoming in January 1999. <br /> <br />. <br /> <br />. <br /> <br />Draft Commuter Rail Technical Feasibility Study <br />December 1998 <br /> <br />7-1 <br />Economic Impacts <br />