The build out of new passenger rail service in Ohio’s will contribute up to $107 million to gross state product.
The city of Cleveland could see between 150 and 240 new jobs generating anywhere from $8 million to $14 million in wages as initial investments in Ohio passenger rail expansion goes forward, according to a study presented by a rail advocacy group.
The new Amtrak expansion could bring changes to the state’s economy.
Non-profit organization All Aboard Ohio says this expansion will provide hundreds of jobs and millions of dollars to the state’s economy.
On Tuesday, the Department of Transportation announced that the Corridor ID Program and Ohio have been slated for four major passenger rail service routes.
Dayton, Cleveland, Columbus, and Cincinnati will receive planning grants to expand passenger routes using an existing Amtrak corridor.
These grants are part of the first of three phases that include planning, engineering, and construction.
All Aboard Ohio highlighted the potential economic impact of expanded passenger rail in Ohio during a brief Zoom call Thursday morning.
Rob Moore, principal for Scioto Analysis, gave an overview of the potential economic impact of the 3C+D corridor project, which would link the state’s four largest cities.
His report estimated the Cleveland-Elyria region could see a one-time economic boost of $14.24 million, with between $3.9 to $6.9 million coming in annually. The report estimated a $100,000 to $170,000 annual tax revenue.
