Can BRT drive TOD? Yes, with the right government support

Conventional wisdom asserts that rail does a better job of spurring transit-oriented development than a bus rapid transit line, but until now no one has quantified the return on investment with a BRT line. A new study released by ITDP this week attempts to quantify the TOD potential of these transit options and find that, “Per dollar of transit investment, and under similar conditions, Bus Rapid Transit leverages more transit-oriented development investment than Light Rail Transit or streetcars.”

More Development for Your Transit Dollar: An Analysis of 21 North American Transit Corridors (ITDP, 2013)

Cities short on funds have wondered whether BRT, a low-cost form of transit, cold be used to leverage TOD. This report compares BRT, light-rail, and streetcar projects and finds that per dollar of investment BRT leverages more development than either light rail or streetcar. Other conclusions are that all three types of transit investments show a significant return, and both government support how well the BRT meets best practices are keys to TOD success.

Midsize Cities on the Move: A Look at the Next Generation of Rapid Bus, Bus Rapid Transit, and Streetcar Projects in the United States (Reconnecting America, 2012)

This study of next generation transit options in midsize cities – those between 50,000 and 250,000 – focuses in on the place that bus rapid transit and streetcars can play in improving the operations of transit systems that are usually based around buses. In a look at 14 cities, they look at best practices, funding strategies, and actual or projected outcomes.