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.
TOD
Lower VMT of TOD the result of density more than rail
A study published in the Journal of the American Planning Association argues that the rail transit frequently used to define transit-oriented development is not the most important factor in reducing vehicle miles traveled and car ownership. Overall density and the availability of parking were shown to be the most important variables in predicting reduced driving.
Transit-Oriented Development in the States (NCLS, 2012)
This report from the National Conference of State Legislatures examines state legislative action to define transit-oriented evelopment, plan for and fund TOD, provide “last-mile” transportation solutions to get to and from a transit stop, and a number of other states strategies to encourage TOD.
Infrastructure Financing Options for Transit-Oriented Development (EPA Office of Sustainable Communities Smart Growth Program, 2013)
A new report from the EPA Office of Sustainable Communities Smart Growth Program provides information about funding mechanisms and strategies that communities can use to provide innovative financing options for transit oriented development.
Financing Transit Systems Through Value Capture: An Annotated Bibliography (Victoria Transportation Policy Institute, 2012)
This paper summarizes the findings of more than 100 studies concerning the impacts transit service has on nearby property values, and the feasibility of capturing a portion of the incremental value to finance transit improvements. The results indicate that proximity to transit often increases property values enough to offset some or all of transit system capital costs.
New generation of transit hubs redefining train stations’ place in communities
Whereas the grand train stations of yesteryear were monuments to transportation with their soaring cathedral-like ceilings, huge open spaces, and rows of wooden benches – today’s transit hubs have both a new aesthetic and role in their communities. They often link multiple modes – heavy rail, light rail, buses, bikes, etc. – and act as central gathering spaces for their communities, with shops, restaurants, parks, space for performances, and public art. The changing role for transit stations was outlined in several recent articles.
Hub and Spoke: Core Transit Congestion and the Future of Transit and Development in Greater Boston (Urban Land Institute, 2012)
The hub and spoke system of the MBTA has produced record ridership, transit-oriented development patterns, and severe challenges for the system. The report focuses on the need to invest in public transit infrastructure so that the MBTA can serve its growing transit ridership, including future trips generated by the pipeline of planned developments in greater Boston.
Hub and Spoke: Core Transit Congestion and the Future of Transit and Development in Greater Boston (Urban Land Institute, 2012)
The hub and spoke system of the MBTA has produced record ridership, transit-oriented development patterns, and severe challenges for the system. The report focuses on the need to invest in public transit infrastructure so that the MBTA can serve its growing transit ridership, including future trips generated by the pipeline of planned developments in greater Boston.
BRT workshop highlights best practices and marketing
Although there is no official definition of BRT, but some key elements have emerged as cities explore this transit option. It can speed commutes, attract high ridership, and promote economic development. However, proper marketing of BRT, both during the planning and after the line is operational, is key to success.
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.