July 09, 2020

Economic Impact Analysis Rail Track Corridor

The Mid-Region Council of Governments conducted a study in July of 2020 to conduct an “Economic Impact Analysis (on the) Rail Track Corridor.” The Council of Governments did this study at the City of Albuquerque’s request to assess the city’s infrastructure. This project constructs a multi-use pathway along the railroad tracks in downtown Alberque from Central Ave to Lomas Blvd. and also includes an installation of “smart city” infrastructure. This analysis estimates the economic impact of the construction of the pathway and infrastructure and the investment, development, and hiring commitments from four companies along the corridor. MRCOG employs the Regional Economic Models, Inc (REMI) model to produce the numbers presented in this report.

To read the full study: Economic Impact Analysis Rail Track Corridor