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Explore the positive impact of the Red Line corridor on property values in Houston, segmented by key districts like Downtown, Midtown/Museum District, Texas Medical Center, and Reliant Park. The study conducted in December 2011 reveals significant increases, offering insights for the Board of Directors Capital Programs Committee. Utilize Google Earth for a virtual Red Line tour.
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Board of DirectorsCapital Programs CommitteeRed Line Corridor Change In Adjacent Property Values December 2011
Red Line Economic ImpactAnalysis – by Segment • Downtown • $2.4 billion or 61% increase in property values • Midtown/Museum District • $732 million or 65% increase in property values • Texas Medical Center • $354 million or 130% increase in property values • Reliant Park • $545 million or 53% increase in property values