Bethesda, Maryland. It was very sleepy before it became a metro stop. In the last 30 years it had a crap ton of development mostly centered around the metro.
Actually... Can you name a few places in a metro area that didn't experience such a boom after a transit stop was introduced? In the bay area even? I feel like I have only ever seen examples of it being good for retail, restaurants, home values.
Metro considers itself traditional fixed rail, not light rail.
a metro area that didn't experience such a boom
I was responding to the specific claim "Light rail will create demand to live near and locate businesses near the stations." The point isn't about whether a broad area benefits from rail (vs. no rail at all) but whether adding light rail to a fully built-out environment will drive more dense business development near the added rail and because of the addition of rail. I don't know of any USA data that supports that.
Take a ride from the Seattle airport to downtown on the light rail sometime, then. You will see a lot of nice looking apartments that didn't used to be there. And you will see some less nice neighborhoods interspersed.
Actually... Can you name a few places in a metro area that didn't experience such a boom after a transit stop was introduced? In the bay area even? I feel like I have only ever seen examples of it being good for retail, restaurants, home values.