Today the LA Streetcar released the findings from its economic impact report, and the results are excellent.  The study by AECOM projects the 4.75 mile streetcar loop will induce $1.1 billion in economic development to Downtown LA by 2035, including 2,100 permanent jobs, 2,600 new housing units, $24.5 million in annual spending, $1.9 million in annual city revenue, and 7,200 construction jobs (versus a baseline growth alternative).  The results are no surprise, judging by the tremendous economic benefits in Portland and Seattle.  What's most interesting about this study, however, is that it separates and directly quantifies the additional benefits that a streetcar will bring to Downtown LA—something that the Oakland Streetcar Plan could not do.  I highly recommend looking through the resources that the LA Streetcar has put together; they are the best out there.