Strengthening Transit Through Community PartnershipsA story in Albuquerque's Business Journal mentions a CNT study that will be released in the coming months that proposes rapid transit through the city. Brian Reilly, the director for economic initiative in Albuquerque Mayor Richard Berry's office, spoke at an event about rapid transit's potential to transform Albuquerque's "Innovation Corridor" and shared early results of CNT's study. CNT was contracted by the city to look at the development environment that would occur if rapid transit and changes in zoning — referring to the city and county's planning and zoning update — happened at the same time. The study showed both conditions would result in $2 to $3 billion worth of real estate return on investment.
