Redevelopment

Laying the groundwork for Union Station redevelopment

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One hundred and fifty years after the completion of the transcontinental railroad near Ogden, Utah, the city hopes to use the celebration of the railroad’s milestone to jump start development around Union Station that will incorporate housing, office space, and green space.

Hudson Yards: A value capture case study

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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.

The Economic and Fiscal Impacts of Development near DART Stations

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The purpose of this document is to identify and calculate economic impacts of real estate development projects within a quarter-mile radius of DART light-rail stations. The study is a follow-up to the 2013 analysis completed by this office and analyzes development projects in 2014 and 2015. The values of all projects included in the analysis … Continued