Drivers headed for traffic jams largely disregard advisory variable speed limit (VSL) signs intended to slow traffic in advance of downstream congestion. However, while drivers are not adjusting their speeds to comply with the limits, the signs do appear to be having a positive effect on congestion.
A recent study by the Humphrey School of Public Affairs at the University of Minnesota considers the perspective of developers and business leaders interested in developing TOD sites in the Twin Cities. The study finds that there is an unmet demand for TOD and other walkable, multimodal transportation infrastructure. However, encouraging walkable, transit-oriented neighborhoods will require the different actors involved—developers, business owners, and municipalities—to work together to develop a new suite of policies, zoning codes, and other ordinances that will foster this type of development.
This analysis investigates how well residential properties located in proximity to fixed-guideway transit have maintained their value as compared to residential properties without transit access between 2006 and 2011 in five regions. Across the study regions, the transit shed outperformed the region as a whole by 41.6 percent.