Sunday, August 23, 2009

Builders Take Wait-and-See Approach to Purple Line - Washington Post

Completion Is Too Distant For Strapped Developers

By Katherine Shaver
Washington Post Staff Writer
Sunday, August 23, 2009

When Maryland officials promote plans to build a $1.68 billion Purple Line between Bethesda and New Carrollton, they often tout the power of light rail lines to transform older, struggling areas into thriving new hubs of transit-focused development.

They visualize worn, 1950s-era strip malls in places such as Langley Park being replaced with pedestrian-friendly communities of high-rise homes, offices, restaurants and shops clustered around train stations.

But missing from such visions have been the developers who would have to carry them out. With a few exceptions, they have remained conspicuously quiet as Maryland officials begin this fall to seek critical federal funding for the 16-mile project.

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