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Source: JLL Mid-Atlantic Research Source: JLL Mid-Atlantic Research

BETHESDA, MD—The list of transportation projects geared at relieving its transportation woes has increased and so has the cost of these major infrastructure projects. However, a report by brokerage firm JLL contends these projects are vital to improving the connectivity of the region.

JLL reports that estimated development costs for the 10 largest transportation infrastructure projects now exceeds $35 billion. The report authored by Patrick Latimer, senior research manager, Maryland of JLL Mid-Atlantic Research, notes that the largest of those 10 projects already under construction is the Purple Line in suburban Maryland. Expected to open in 2022, the 16.2-mile light rail line connects the rapidly expanding Bethesda CBD directly with Silver Spring and Prince George’s County, and has already spurred multifamily development and proposals, including EYA’s 11-story Lindley building in Chevy Chase, which will deliver 200 units next month.

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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