John Hennessy III,
P.E.
CENTER FOR TRANSIT ORIENTED DEVELOPMENT Executive Summary Cities and regions from coast to coast are pursuing transit-oriented development (TOD) strategies as a way to achieve many goals, including increased economic competitiveness through improved quality of life, reduced congestion, lower transportation costs for households, improved air quality, reduced costs for providing city services, and growth management. […]
View this complete post...LOW INCOME INVESTMENT FUND
Faced with rising poverty rates, high unemployment, and a fragile economic recovery, more and more families are struggling to hold on to the American Dream — the fundamental belief that here, in the “land of opportunity,” anyone willing to work hard can get ahead, save for the future, and build a better life for themselves, their families and the next generation. Policymakers and the public alike are focused intently on what has always been the very linchpin of achieving that dream — jobs, jobs, jobs. Yet, in that pursuit, there is one critically important element that is often overlooked: the fact that today, simply getting from home to work and back again has become a growing challenge for many Americans.
CENTER FOR TRANSIT-ORIENTED DEVELOPMENT
Light rail in the West Corridor presents an incredible opportunity for transit-oriented development to leverage market momentum for new investment and community building. A focus on TOD will support growth near new transit stations, enhance access to opportunity, preserve and enhance the supply of a range of housing choices, reduce the combined costs of housing and transportation, and support walking and biking to stations. However, implementing TOD along the West Corridor will not be a quick or simple process.
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CENTER FOR TRANSIT-ORIENTED DEVELOPMENT
In many regions throughout the country, the fastest growing employment centers are now located in auto-oriented suburban communities at the edge of metropolitan regions. From a public transportation perspective, dispersed and low-density employment centers are very difficult to serve through fixed-guideway transit. The location of new jobs at the edge also has important equity implications, as low-income residents have difficulty accessing jobs in auto-oriented suburbs from their inner city, urban, or rural neighborhoods.
CENTER FOR TRANSIT-ORIENTED DEVELOPMENT
This report explains why TOD is not only about housing, and conscious planning for employment is important in thinking about the effectiveness of transit investment and the market for transit-oriented housing.
THE CENTER FOR TRANSIT-ORIENTED DEVELOPMENT I. Introduction The Portland region has a successful history at achieving transit-oriented development and compact growth. It continues to outperform many of its peer regions when it comes to connecting jobs to transit, promoting alternative modes of transportation beyond the car, and promoting successful new compact development. But, there is […]
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CENTER FOR TRANSIT-ORIENTED DEVELOPMENT
The demand for transit across the U.S. is growing, and more and more transit corridors are proposed and built every year. In 2008, 78 regions in 37 states had proposed 400 transit projects worth $248 billion, and these numbers have continued to rise…But many regions start to build transit networks with a single major corridor, and with so many stations opening every year, there is a growing need to understand how corridor planning can facilitate not only successful transportation outcomes but also successful transit-oriented development (TOD).
The goal of the newly-released Mixed Income Transit Oriented Development Action Guide is to “help practitioners identify the most appropriate and effective planning tools for achieving MITOD in their transit station area, and ultimately to facilitate the development of mixed-income communities across the U.S.” It was developed by the Center for Transit Oriented Development (CTOD) along with the Federal Transit Administration and the U.S. Department of Housing and Urban Development.
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