Green Line LRT and Housing Price

This project aims to explore the impacts of Green Line Light Rail Transit (LRT) on housing price along the Central Corridor and the timing of the impacts. In particular, the project will choose the stations in the city of St. Paul as treatment areas and bus stops of several major arterials in the city as control areas. The project will develop difference-in-difference model to separate the impacts of the Green Line from other confounding effects. The project will have done some preliminary analyses and the results indicate that both full funding grant agreement (FFGA) and the commencement of the Green Line increased property values. The proposed project is to extend the period of data from 2009-2015 to 2008 to 2016, per the request of external reviewers. In this way, the project will have more records before FFGA and after the commencement. This will offer more solid results. Further, the project will apply spatial regression models (rather than linear regression) to identify the effects, also per the request of external reviewers.


    • English


    • Status: Active
    • Contract Numbers:


    • Sponsor Organizations:

      Center for Transportation Studies

      University of Minnesota
      500 Washington Avenue SE, TSB 200
      Minneapolis, MN  United States  55118
    • Project Managers:

      Thomas, Brenda

    • Principal Investigators:

      Cao, Jason

    • Start Date: 20161001
    • Expected Completion Date: 20170630
    • Actual Completion Date: 0

    Subject/Index Terms

    Filing Info

    • Accession Number: 01613097
    • Record Type: Research project
    • Source Agency: University of Minnesota, Minneapolis
    • Contract Numbers: 2017041
    • Files: RiP
    • Created Date: Oct 11 2016 3:12PM