Free Lyft Rides to Light Rail = Higher Rents?

[Matthew Botos]

A Denver Suburb Bets Big on Free Lyft Rides to Light Rail

"Centennial thinks it can triple the ridership of its existing dial-a-ride service.

Beginning August 17, citizens within a service area will be able to summon free Lyft rides to and from the Dry Creek light-rail station that serves the city of Centennial, which sits southeast of Denver. Riders will have the option of putting in their request on the Lyft app or on Go Denver, a mobile platform developed by Xerox that integrates scheduling and payment information for transit and ride-hailing services around the metro area."

Being walking distance to rail has always been worth a premium. Will this Lyft deal encourage higher rents further out?