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“properties near DART light rail stations recorded valuation increases about 25 percent greater than those in a control group of neighborhoods not served by DART rail between 1994 and 1998. Examining the 1997 to 2001 time period...Median values of residential properties increased 32.1 percent near the DART rail stations compared to 19.5 percent in the control group areas. Thus, residential properties near light rail stations on average increased in value 39 percent more than comparable properties not served by rail. For office buildings, the increase was 24.7 percent for the DART properties versus 11.5 percent for the non-DART properties, so that office buildings near DART Light Rail increased in value 53 percent more than comparable properties not near rail.” , Bernard L. Weinstein, Ph.D., Terry L. Clower, Ph.D., University of North Texas, DART Light Rail’s Effect on Taxable Property Valuations and Transit-Oriented Development,^p.i