<span style="color:rgb(0, 0, 0); font-family:arial,helvetica,sans-serif; font-size:14px">More than $5.5 billion worth of real estate investment has been or is being made within 2,000 feet of transit-rail or bus rapid-transit stations in greater Cleveland over the past two years, according to the passenger-rail advocacy group All Aboard Ohio.</span><br /> <br /> <span style="color:rgb(0, 0, 0); font-family:arial,helvetica,sans-serif; font-size:14px">Some of the investments &mdash; mostly by the private sector &mdash; were attracted or influenced in design by the presence of a nearby station, according to a recent inventory of real estate development projects measured by All Aboard Ohio, officials from the nonprofit organization said in a press release.</span><br /> <br /> <span style="color:rgb(0, 0, 0); font-family:arial,helvetica,sans-serif; font-size:14px">An example of one such transit-oriented development is the proposed $110 million Intesa mixed-use development slated to begin construction this year near the new Little Italy-Mayfield Red Line train station.</span><br /> <br /> <span style="color:rgb(0, 0, 0); font-family:arial,helvetica,sans-serif; font-size:14px">&quot;All major cities in Ohio and across the nation are seeing significant investments in their urban cores, especially around fixed-guideway transit,&rdquo; said Executive Director Ken Prendergast. &quot;This is part of a trend that began before the recession when baby boomers began retiring and downsizing, while millennials began looking for communities that support low-mileage lifestyles.&quot;</span>