Title

Innovative financing strategies for developing new train stations in Rhode Island

Document Type

Conference Proceeding

Date of Original Version

12-1-2007

Abstract

In order to reduce traffic congestion that adversely affects the quality of life, Rhode Island is exploring and implementing creative financing partnerships to build new intermodal train stations, where train tracks already exist. One of the greatest challenges in conceptualizing intermodal train stations is the financing aspect of these projects. The primary objective of this paper is to identify creative financing strategies and tools for the proposed train stations in Rhode Island. The focus is on public-private partnerships that would be appropriate for financing train station infrastructure and the economic development of its surrounding area.

Publication Title

48th Annual Transportation Research Forum 2007

Volume

1

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