Value Capture and Financing

How does transportation affordability vary between TODs, TADs, and other areas

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Expenditures on transportation have increased from the sixth largest share (less than 2%) of household budgets in 1917 to the second largest share (over 20%) since the 1970s. Under this circumstance, transit-oriented development (TOD) has gained popularity worldwide as a sustainable form of urbanism by concentrating developments near a transit station so as to minimize … Continued

Communities Are Embracing Development Near Transit: A Snapshot of Transit-Oriented Development Support across the United States

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Across the country, more communities are looking for ways to enhance their livability. Transit-oriented development (TOD) is one means of creating sought after, economically vibrant neighborhoods.  Transit-oriented development—which includes a mixture of housing, office, retail, and/or other commercial development and amenities integrated into a walkable neighborhood and located within a half-mile of quality public transportation—can … Continued

Fiscal Impacts of Transit-Oriented Development Projects

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Transit-oriented development (TOD) is a responsible fiscal choice for local governments and can actually save local governments money, as detailed in Fiscal Impacts of Transit-Oriented Development (TOD) Projects. This report, based on research undertaken by the Baltimore-Washington, D.C. TransitOriented Development (TOD) Product Council, was prepared by Dr. Dean Bellas, president of Urban Analytics and a … Continued

Empty Spaces: Real parking needs at five TODs

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The land near transit stations is a valuable commodity. Hundreds or thousands of people travel to and through these places each day, and decisions about what to do with this land have implications for local economies, transit ridership, residents’ access to opportunity, and overall quality of life for everyone in a community. Many communities choose … Continued

Striking a (Local) Grand Bargain

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Today, anchor institutions and government too often define their relationship through discrete transactions — an infrastructure improvement, appearance at a ribbon cutting, or support for a city project. This leads to a partnership of expediency. This report from the National Resource Network (and written by NYU Wagner and the Urban Institute) recommends something wholly different: … Continued

Transit-oriented development in the States

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Across the United States, in large cities such as Seattle and Miami and in smaller metropolitan areas such as Hartford, Conn., and Fort Collins, Colo., new transit systems are being built to aid mobility, reduce congestion and spark economic activity. Future transit riders may find themselves stepping onto a new light rail car in Houston, … Continued

TBARTA TOD Resource Guide

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This TOD Resource Guide by the Tampa Bay Area Regional Transportation Authority (TBARTA) is intended to serve as a resource to planners, citizens, elected officials, government agencies, local businesses, the development community, nonprofit organizations, and outside investors. The goal is to provide information about a variety of tools and implementation strategies that will help local … Continued

Aligning Transit and Real Estate: An Integrated Financial Strategy

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This paper points to two evolutionary steps that can promote economically viable and more livable transit oriented communities – (1) coordinating transit and real estate development in one sequential process and (2) advancing TOD goals beyond vertical real estate development to encompass community “Livability Benefits” that are often required of developers and typically mandated by … Continued

Incentivizing TOD: Case Studies of Regional Programs Throughout the United States

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This report illustrates and assesses different approaches to supporting transit-oriented development, through six case studies of regional programs throughout the country. Through describing the structure, funding and implementation of these programs, the report provides a broad but detailed survey of strategies employed by regional organizations working in concert with local actors to support the balanced … Continued