Honolulu Rail Transit

SEPTEMBER 2011 HONOLULU RAIL TRANSIT: Real Estate Investment OPPORTUNITY OR Urban BLIGHT ..rail transit has enhanced residential property values 2 percent to 18 percent in Portland, Sacramento, San Diego, and Santa Clara" "Within the immediate station area, however, the nuisance effects such as noise and increased traffic reduce the potential property value impacts of those properties closest to the station area." Saurce: 2003 study by researchers at Caliormia State Universiy-Fullerton Source 2003 stuty by resesrhers at Caliona Stas Uriersy-Fudenton "In San Diego, properties near commuter rail stops enjoyed consistent price premiums of 17 percent compared to properties further from public transit options" ".proximity to rail can have either a positive or negative effect on property values. The higher-income neighbor- hoods did not appear to show value associated with being near rail" PEARL CITY Source: 2003 study by Urban Land Inslitule WAIPAHU "AIEA Source: Robert Diaz Effects of Rai Transit HI on Property Values MAKAKILO PEARL HARROR SALT LAKE Paery H1 EWA KALIHI FarinytoHy Honolulu International Airport КАРOLEI EWA BEACH HONOLULU Transit Stations Rail Route Ala Moana Center University of I lawai' Kaka'ako Planned Extensions Did You Know? WAIKIKI "54.7 percent of the 289,248 parcels in the City and County of Honolulu are within two miles of a rail station – perhaps about 10 minutes on a bike or just a couple minutes in a car." Source: Civil Beat Prudential Locations LLC Forriea anat SEPTEMBER 2011 HONOLULU RAIL TRANSIT: Real Estate Investment OPPORTUNITY OR Urban BLIGHT ..rail transit has enhanced residential property values 2 percent to 18 percent in Portland, Sacramento, San Diego, and Santa Clara" "Within the immediate station area, however, the nuisance effects such as noise and increased traffic reduce the potential property value impacts of those properties closest to the station area." Saurce: 2003 study by researchers at Caliormia State Universiy-Fullerton Source 2003 stuty by resesrhers at Caliona Stas Uriersy-Fudenton "In San Diego, properties near commuter rail stops enjoyed consistent price premiums of 17 percent compared to properties further from public transit options" ".proximity to rail can have either a positive or negative effect on property values. The higher-income neighbor- hoods did not appear to show value associated with being near rail" PEARL CITY Source: 2003 study by Urban Land Inslitule WAIPAHU "AIEA Source: Robert Diaz Effects of Rai Transit HI on Property Values MAKAKILO PEARL HARROR SALT LAKE Paery H1 EWA KALIHI FarinytoHy Honolulu International Airport КАРOLEI EWA BEACH HONOLULU Transit Stations Rail Route Ala Moana Center University of I lawai' Kaka'ako Planned Extensions Did You Know? WAIKIKI "54.7 percent of the 289,248 parcels in the City and County of Honolulu are within two miles of a rail station – perhaps about 10 minutes on a bike or just a couple minutes in a car." Source: Civil Beat Prudential Locations LLC Forriea anat SEPTEMBER 2011 HONOLULU RAIL TRANSIT: Real Estate Investment OPPORTUNITY OR Urban BLIGHT ..rail transit has enhanced residential property values 2 percent to 18 percent in Portland, Sacramento, San Diego, and Santa Clara" "Within the immediate station area, however, the nuisance effects such as noise and increased traffic reduce the potential property value impacts of those properties closest to the station area." Saurce: 2003 study by researchers at Caliormia State Universiy-Fullerton Source 2003 stuty by resesrhers at Caliona Stas Uriersy-Fudenton "In San Diego, properties near commuter rail stops enjoyed consistent price premiums of 17 percent compared to properties further from public transit options" ".proximity to rail can have either a positive or negative effect on property values. The higher-income neighbor- hoods did not appear to show value associated with being near rail" PEARL CITY Source: 2003 study by Urban Land Inslitule WAIPAHU "AIEA Source: Robert Diaz Effects of Rai Transit HI on Property Values MAKAKILO PEARL HARROR SALT LAKE Paery H1 EWA KALIHI FarinytoHy Honolulu International Airport КАРOLEI EWA BEACH HONOLULU Transit Stations Rail Route Ala Moana Center University of I lawai' Kaka'ako Planned Extensions Did You Know? WAIKIKI "54.7 percent of the 289,248 parcels in the City and County of Honolulu are within two miles of a rail station – perhaps about 10 minutes on a bike or just a couple minutes in a car." Source: Civil Beat Prudential Locations LLC Forriea anat SEPTEMBER 2011 HONOLULU RAIL TRANSIT: Real Estate Investment OPPORTUNITY OR Urban BLIGHT ..rail transit has enhanced residential property values 2 percent to 18 percent in Portland, Sacramento, San Diego, and Santa Clara" "Within the immediate station area, however, the nuisance effects such as noise and increased traffic reduce the potential property value impacts of those properties closest to the station area." Saurce: 2003 study by researchers at Caliormia State Universiy-Fullerton Source 2003 stuty by resesrhers at Caliona Stas Uriersy-Fudenton "In San Diego, properties near commuter rail stops enjoyed consistent price premiums of 17 percent compared to properties further from public transit options" ".proximity to rail can have either a positive or negative effect on property values. The higher-income neighbor- hoods did not appear to show value associated with being near rail" PEARL CITY Source: 2003 study by Urban Land Inslitule WAIPAHU "AIEA Source: Robert Diaz Effects of Rai Transit HI on Property Values MAKAKILO PEARL HARROR SALT LAKE Paery H1 EWA KALIHI FarinytoHy Honolulu International Airport КАРOLEI EWA BEACH HONOLULU Transit Stations Rail Route Ala Moana Center University of I lawai' Kaka'ako Planned Extensions Did You Know? WAIKIKI "54.7 percent of the 289,248 parcels in the City and County of Honolulu are within two miles of a rail station – perhaps about 10 minutes on a bike or just a couple minutes in a car." Source: Civil Beat Prudential Locations LLC Forriea anat SEPTEMBER 2011 HONOLULU RAIL TRANSIT: Real Estate Investment OPPORTUNITY OR Urban BLIGHT ..rail transit has enhanced residential property values 2 percent to 18 percent in Portland, Sacramento, San Diego, and Santa Clara" "Within the immediate station area, however, the nuisance effects such as noise and increased traffic reduce the potential property value impacts of those properties closest to the station area." Saurce: 2003 study by researchers at Caliormia State Universiy-Fullerton Source 2003 stuty by resesrhers at Caliona Stas Uriersy-Fudenton "In San Diego, properties near commuter rail stops enjoyed consistent price premiums of 17 percent compared to properties further from public transit options" ".proximity to rail can have either a positive or negative effect on property values. The higher-income neighbor- hoods did not appear to show value associated with being near rail" PEARL CITY Source: 2003 study by Urban Land Inslitule WAIPAHU "AIEA Source: Robert Diaz Effects of Rai Transit HI on Property Values MAKAKILO PEARL HARROR SALT LAKE Paery H1 EWA KALIHI FarinytoHy Honolulu International Airport КАРOLEI EWA BEACH HONOLULU Transit Stations Rail Route Ala Moana Center University of I lawai' Kaka'ako Planned Extensions Did You Know? WAIKIKI "54.7 percent of the 289,248 parcels in the City and County of Honolulu are within two miles of a rail station – perhaps about 10 minutes on a bike or just a couple minutes in a car." Source: Civil Beat Prudential Locations LLC Forriea anat SEPTEMBER 2011 HONOLULU RAIL TRANSIT: Real Estate Investment OPPORTUNITY OR Urban BLIGHT ..rail transit has enhanced residential property values 2 percent to 18 percent in Portland, Sacramento, San Diego, and Santa Clara" "Within the immediate station area, however, the nuisance effects such as noise and increased traffic reduce the potential property value impacts of those properties closest to the station area." Saurce: 2003 study by researchers at Caliormia State Universiy-Fullerton Source 2003 stuty by resesrhers at Caliona Stas Uriersy-Fudenton "In San Diego, properties near commuter rail stops enjoyed consistent price premiums of 17 percent compared to properties further from public transit options" ".proximity to rail can have either a positive or negative effect on property values. The higher-income neighbor- hoods did not appear to show value associated with being near rail" PEARL CITY Source: 2003 study by Urban Land Inslitule WAIPAHU "AIEA Source: Robert Diaz Effects of Rai Transit HI on Property Values MAKAKILO PEARL HARROR SALT LAKE Paery H1 EWA KALIHI FarinytoHy Honolulu International Airport КАРOLEI EWA BEACH HONOLULU Transit Stations Rail Route Ala Moana Center University of I lawai' Kaka'ako Planned Extensions Did You Know? WAIKIKI "54.7 percent of the 289,248 parcels in the City and County of Honolulu are within two miles of a rail station – perhaps about 10 minutes on a bike or just a couple minutes in a car." Source: Civil Beat Prudential Locations LLC Forriea anat