Thank you to everyone who joined LOCUS for a live discussion of Transit-Oriented Development Opportunities in Albuquerque on Thursday, October 19, 2017. In case you missed the live event, you can watch the recorded version below: Albuquerque is a great opportunity market for developers and investors like you. Here’s why: The city’s recent transit-oriented development (TOD) federal … Continued
Many transit-oriented development projects are made possible with the help of financing from federal government programs. The details of those programs, however, are tougher to understand. What programs might your development project be eligible for? What time of year do applications open, and when are awards announced? And what do some of the most popular programs look for in applications?
Join us on Thursday, July 20, 2017 at 1:00 PM EDT for a free webinar that will answer all these questions and more. “A crash course on federal TOD financing programs” will provide an overview of programs available through USDOT, HUD, and EPA to help municipal leaders, real estate developers, and transit agency staff create more development near transit stations.
On Tuesday we released Empty Spaces, new research looking at the real parking needed at five transit-oriented developments (TODs). The report, produced in partnership the University of Utah, looks at how much less parking is required at TOD than standard engineering guidelines suggest, and how many fewer vehicle trips are generated than those guidelines estimate.
The 2017 LOCUS Leadership Summit: P3 is for Partnerships, Placemaking, and Policy is taking place on April 24 and 25, 2017 at the National Press Club in Washington DC.
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 to dedicate at least some of that land for parking. The question is, how much? Standard engineering guidelines are designed for mostly isolated suburban land uses—not walkable, urban places served by transit. But few alternative guidelines for engineers exist.
Empty Spaces: Real parking needs at five TODs, released today, set out to determine how much less parking is required at transit-oriented developments (TODs) and how many fewer vehicle trips are generated than standard industry estimates.
Many communities choose to dedicate at least some of the land near transit stations for parking. The question is, how much?
Research has shown development near transit stations requires less parking than other kinds of development. Yet most engineering guidelines are unclear exactly how much less parking is needed. Oversupply of parking takes up valuable land, raises the cost of development, and misses a key opportunity. Building the right amount of parking can help communities get … Continued
Five communities working to support development around transit projects will get a big boost this year thanks to technical assistance from the Federal Transit Administration (FTA), in partnership with Smart Growth America.
The National Public Transportation/Transit-Oriented Development Technical Assistance Initiative is a four-year project of FTA in partnership with Smart Growth America that helps communities across the country build equitable, compact, mixed-use development around transit stations or along transit corridors, with a focus on development in economically disadvantaged areas.
The Angle Lake light rail station under construction in SeaTac, WA. A Smart Growth America workshop looked at the potential for new development around the station. Photo by SounderBruce via Flickr.
In early October, Smart Growth America traveled to SeaTac, WA to help the city figure out how to make the most of three light rail stations with an Implementing transit-oriented development 101 workshop.
The City of SeaTac has already adopted area plans for each of its SeaTac Airport, Tukwila International Boulevard, and soon-to-open Angle Lake light rail stations. “In 2016, with the opening of the Angle Lake Station, the City will have three light rail station areas, each with its own distinct attributes, opportunities and challenges,” said Todd Cutts, SeaTac City Manager. “The expert assistance from Smart Growth America will help guide the transformation of these areas and support the community in shaping them into active, interesting, and healthy places.”
Developers have two new ways to finance transit-oriented development, like the buildings in this rendering for Triangle Transit in North Carolina. Image via Our Transit Future. On December 4, President Obama signed into law the Fixing America’s Surface Transportation (FAST) Act, a five-year $305 billion transportation authorization. Included among the bill’s many provisions (good and … Continued