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Effect of Suburban Transit Oriented Developments on Residential Property Values
January 1, 2009|Mineta Transportation Institute
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The development of successful TODs often encounters several barriers. These barriers include: a lack of inter-jurisdictional cooperation, auto-oriented design that favors park and ride lot over ridership generating uses, and community opposition. The community opposition may be more vocal in suburban areas where residents of predominately single-family neighborhoods may feel that the proposed high-density, mixed-use TOD will bring noise, air pollution, increased congestion and crime into their area. Community opposition has been instrumental in stopping many TOD projects in the San Francisco Bay Area. While community opposition to TODs has been pronounced, very little empirical research exists that indicates whether this opposition is well-founded. Economic theory suggests that if a TOD has a negative effect on the surrounding residential neighborhoods, then that effect should lower land prices and in turn, the housing prices in these neighborhoods. Similarly, an increase in the…
New Places, NewChoices: Transit-Oriented Development in the San Francisco Bay Area
November 1, 2006|Metropolitan Transportation Commission (MTC)/ Association of Bay Area Governments (ABAG)
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In this publication, we feature 10 representative transit-oriented developments that were recently built or are in the process of taking shape. We selected these to convey a sense of the diversity and appeal of this style of community-building enterprise, and to give an idea of why someone might choose to live or work in one of these locations. And, make no mistake, it’s the choosing that is most important. Notwithstanding all the substantial merits from a public policy point of view — transit- and land-use efficiency, air quality benefits, health advantages, energy savings and the like — TODs will succeed only when people freely choose to live in them. The urban and suburban dwellers who opt for TODs do so because the developments offer a practical, preferable, more environmentally friendly — and often more affordable — way to live and travel in our increasingly complex Bay Area.
Statewide Transit-Oriented Development Study: Factors for Success in California
January 1, 2002|California Department of Transportation
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Provides a state-of-the-practice review of TOD and outlines strategies to encourage broader implementation
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