Urban highways and plentiful surface parking lots, once considered essential, have outlived their promise in many large U.S. cities. Observers see growing interest in dense urban living, with some mobile segments of the population opting out of car-dependent suburbs. Bold cities have been redeveloping the areas opened up by highway removal, and developers are poised to profit from the development of surface parking lots within revitalizing urban cores.
redevelopment
Tulsa turns the corner on surface parking
Tulsa, Oklahoma, has extended its temporary ban on demolishing buildings downtown for new surface parking lots until the first of September while the City Planning Department crafts a zoning ordinance that would place new restrictions on downtown surface parking lots.
Tulsa turns the corner on surface parking
Tulsa, Oklahoma, has extended its temporary ban on demolishing buildings downtown for new surface parking lots until the first of September while the City Planning Department crafts a zoning ordinance that would place new restrictions on downtown surface parking lots.
Impacts of light rail on property values vary by distance and income level
A new study on the economic impacts of New Jersey’s River Line light rail system has shed some light on the complex relationship between transportation infrastructure and the housing market. The study highlights the more localized economic effects of the light rail system. The results provide an interesting opportunity for transit managers and planners to consider the varied effects new transportation infrastructure may have on different types of surrounding property.