Republican San Diego Mayor Kevin Faulconer is taking a different approach to the housing shortage than most mayors around the country by embracing the YIMBY (yes in my backyard) mentality.
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Forty-six acres of land around Owings Mills station outside Baltimore—with direct subway links to downtown—have been made available for development by Maryland DOT (MDOT) since 2007, but development is proceeding slowly. Unreliable trains due to maintenance, a downward ridership trend, and limited transit access to other parts of the region among the obstacles to more TOD.
In Chicago, the groundwork is being laid to expand the city’s TOD policy regulations from the initial two heavy ridership corridors to eight that encompass 20 different bus routes. The policy will allow denser developments with less parking in proximity to select stations.
This month on Building Better Communities with Transit we are joined by Sean Northup, Deputy Director of the Indianapolis Metropolitan Planning Organization. Sean chats about the Indianapolis Red Line, the first of three BRT routes that will crisscross the region. Those lines and other transit improvements are being funded in part by local, dedicated funding which was won after a long and arduous process, as Sean explains.
In an attempt to address the extreme housing shortage in California, State Senator Scott Wiener has introduced a bill that would rezoning much of the state, allowing construction of new homes in job- and transit-rich neighborhoods. The new bill builds on one that failed to gain traction in last year’s legislature.
Initial findings from a recently released TOD Guidebook by GoTriangle suggests property values near the Durham to Chapel Hill, NC light rail line could result in $3.3 to $4.5 billion in increased property values and $1.4 to $1.9 billion in increased tax revenue over the next 40 years.
But innovative thinking and new technologies are changing the discussion around potential uses for bus depots, as in San Francisco where the SFMTA has opened up the possibility of building new housing to help pay for the renovation of a 103-year-old maintenance facility.
A month ago, Cleveland’s HealthLine celebrated its 10th anniversary, and there is certainly plenty to celebrate. As one of the nation’s first examples of bus rapid transit (BRT), the HealthLine has spurred about $9.5 billion in investment over the last decade up and down the corridor where it runs.
In Chicago, TOD is seen as a positive influence with environmental, fiscal, and health benefits for everyone. Yet new development near transit doesn’t seem to be happening everywhere in Chicago, especially in neighborhoods with high poverty rates and a history of redlining and segregation on the South and West sides. Now, more advocates and organizations are starting to bring investment to these communities.
New Jersey Governor Phil Murphy recently signed a law establishing an Office of Real Estate Economic Development and Transit-Oriented Development at New Jersey Transit. The bill requires that the new office submit a report annually directly to the governor’s office with an inventory of each parcel owned by NJ Transit including the appraised value, revenues generated, and current use.