OPPORTUNITY
A REGION WITH UNTAPPED POTENTIAL
Despite being home to:
• 9,300+ companies across diverse industries
• One of the highest concentrations of U.S. manufacturing employment
• Multiple Fortune 500 headquarters
• Part of the St. Lawrence Seaway region (the world's 3rd largest economy)
...Southeastern Wisconsin still lacks a critical piece of infrastructure that's holding back economic growth, workforce development, and regional competitiveness.
THE KENOSHA-RACINE-MILWAUKEE (KRM) CORRIDOR SOLUTION
The KRM Commuter Rail project will finally connect these thriving communities, unlocking tremendous value through:
• Increased property values (30% higher in areas near rail transit)
• Attraction and retention of skilled workforce (80% of young talent rank transit as a top factor in where to live)
• New development opportunities at 27 transit-oriented districts
• Enhanced connectivity to Chicago's economic powerhouse
• Reduced barriers to education and employment
• Sustainable, environmentally-friendly transportation
IMPACT BY THE NUMBERS
• 4,700 jobs created during construction phase
• $560 million economic impact during construction
• 126 permanent jobs for operations and maintenance
• 23,000 new residential units projected
• 7.6 million square feet of new retail space
• 4.7 million square feet of office space
• 71,000 jobs created through development
• $7.9 billion increase in property values
• $40 million in new tax revenue
Independent studies show that every dollar spent on the commuter rail system will generate $5-$10 in economic growth and value for the region.
