New York City’s latest mega development—Hudson Yards—covered acres of train tracks and industrial land with a 37,000 ton platform allowing for the (re)development of 45 square blocks of prime New York City real estate. There are criticisms of Hudson Yards, but it is also seen as a case study in innovative finance and the use of value capture to fund affordable housing, green space, and transit and street infrastructure.
This study reviewed projects in Chicago, New York, San Francisco and Washington D.C. to observe how coordination between the relevant parties is conducted and, from the information gathered, a series of conclusions, best practices and recommendations were compiled. It is the conclusion of this study that in order for coordination of value capture mechanisms to … Continued
This webinar features the experiences of six U.S. cities in creating or increasing the walkability and bicycle-friendliness of their downtown areas. The cities profiled include small towns (Grandview, MO and West Jefferson, NC); medium-sized cities (Orlando, FL, Redmond, WA and Lancaster, CA) and large cities (the Bronx in NYC, Cleveland, OH, and Charlotte, NC). The … Continued
Active Transportation and Real Estate: The Next Frontier explores the interconnections among walking, bicycling, and real estate development. It showcases the growing synergies between real estate development and bicycle and pedestrian infrastructure investments.
TCRP Report 153 – This report is intended to aid in the planning, developing, and improving of access to high capacity commuter rail, heavy rail, light rail, bus rapid transit, and ferry stations. The report includes guidelines for arranging and integrating various station design elements. The print version of TCRP Report 153 is accompanied by … Continued
In the next five years as many as 160,000 renters in 20 metro areas could lose their affordable apartments near transit because the contracts on their privately-owned HUD-subsidized rental units are due to expire. The renewed popularity of urban living means that properties in walkable neighborhoods near transit have increased in value, and that property … Continued
Bus rapid transit (BRT) is poised to become the “next big thing” in public transit. From virtually no systems a generation ago, there are now 19 lines operating with at least seven under construction and more than 20 in the planning stages. BRT is gaining popularity because of its combination of low capital cost and … Continued