Yes, land values along Woodward Ave. [[and even as far as 1/4 mile away from Woodward) are likely to increase dramatically with the addition of light rail. Think about who owns most of the property along the proposed M1 line. Next, think about where the private financing for M1 is coming from... M1 is not really a philanthropic effort, it is a smart business move. I'm still in support of M1 and have nothing against the backers profiting from it. I just think it is important to keep in mind.
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