Transit-Oriented Development (TOD) - PowerPoint PPT Presentation

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Transit-Oriented Development (TOD)

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  1. Transit-Oriented Development (TOD) An Overview

  2. Definition of TOD

  3. What Is TOD? • TOD is a synergism between land use and transit with the following key characteristics: • Compact Mixture of Uses; • Pedestrian Friendly and Walkable; and • Supportive of a Variety of Transit Options.

  4. More About TOD • TOD provides access to a full range of transportation options: • Walking • Bicycling • Rail Transit • Bus Transit • Automobile • Transit stations are at the center of TODs; • The area within ¼ mile (or a five minute walk) of these stations forms the TOD core.

  5. TOD Core’s Features • A vibrant mix of uses including: • Residential • Retail • Office • Commercial • Institutional • Thoughtfully designed community spaces; • Exciting, pedestrian friendly areas for live, work and play.

  6. Modern TODs are the original Railroad Suburb concept modified to accept the auto.

  7. TOD Schematic Diagram

  8. Benefits of TOD

  9. Benefits of TOD • Increase transit ridership and reduce number of automobile trips generated; • Improve air quality; • Provide opportunities for neighborhood connections; • Increase sense of community; and • Reduce household fuel costs associated with heavy auto use.

  10. Benefits Of TOD (Cont.) • Promote attractive, safe, walkable mixed-use neighborhoods; and • Increase value and income for property owners.

  11. Benefits Of TOD (Cont.) • Expand markets and increase revenues for businesses; • Enhance tax revenues for local governments from rising land values; • Increase development and business transactions in areas near transit.

  12. Demand for TOD

  13. What Do Demographers Say? • Demographers estimate that as much as 30 percent of the demand for housing is for denser, walkable, mixed-use communities; and • Currently, less than 2 percent of new housing starts are in this category.

  14. Who Will Live Near Transit Stations? • Single householders and couples without children (regardless of age) will generate nearly two-thirds of the total demand for TOD, a disproportionate share given their percentage of total households; and • Households with children will account for only about 20 percent of the demand for TOD.

  15. National TOD Database • 3,353 Fixed Transit Stations in 28 regions • 1/4 and 1/2 mile radii + metropolitan comparison.

  16. A Rapidly Growing TOD Literature

  17. Real Estate Investment Adjacent to Transit • Washington DC, $15 billion (since 1976); • Portland, $3 billion (since the late 1970s); • Dallas, $1 billion (since 1996); • St. Louis, $1 billion (since 1993); and • Charlotte, $400 million (2000-2003).

  18. Examples of TOD Projects

  19. TOD Project #1: Rosslyn-Ballston Corridor

  20. Project Location • Arlington County, Virginia.

  21. Transit Facilities and Services • Five Metro Rail stations in the corridors; and • Transit operator is the Washington Metropolitan Area Transportation Authority (WMATA).

  22. TOD Facts • Over 21 million square feet of office, retail, and commercial space; • More than 3,000 hotel rooms; and • Almost 25,000 residences.

  23. Corridor Development Patterns

  24. Rosslyn-Ballston Corridor Photo

  25. Lessons Learned • Think big and involve all stakeholders in dialogue; • Take your time on the big “framework” decisions. Once the framework is set, stick to it; • Have high expectations; • Plan well; • Be patient; • Maintain integrity of plan; • Be consistent; and • Density can motivate the private sector.

  26. TOD Project #2: Bethesda Metro Center

  27. Project Location • Bethesda, Maryland.

  28. Transit Facilities and Services • Metro rail operated by the Washington Metropolitan Area Transit Authority; • First train departs: Station opens- 5:04 a.m. Shady Grove- 5:28 a.m. Glenmont- 5:14 a.m. Last train departs: Shady Grove- 12:23 a.m. Wheaton- 11:47 p.m. (Weekday schedules); • Metrobus connection: J2, J3, J4, J7, J9.

  29. TOD Facts • Some 400,000 square feet of office space; • A 380-room Hyatt Hotel; • 60,000 square feet of retail space; and • The air-rights lease at the Bethesda Station generates $1.6 million annually in rents.

  30. Metro Bethesda Station TOD Photo

  31. TOD Project #3: Orenco Station Town Center

  32. Project Location • Hillsboro, Oregon.

  33. Transit Facilities and Services • Light Rail operated by Portland Tri-Met; and • Orenco Station is a neighborhood of the city of Hillsboro, Oregon, United States. The planned urban town center was designed as a pedestrian friendly, high density community built in conjunction with TriMet’s Westside light rail.

  34. TOD Facts • 450 to 500 attached town homes and detached homes; • 1,400 luxury apartment units; • a town center that will initially feature 25,000 square feet of retail space, with 22 apartments or lofts above retail establishments and 24 live-work town homes; and • an additional 30,000 square feet of retail space will be available for future development.

  35. Orenco Station Master Plan

  36. TOD Project #4: Martin Luther King Jr. East Busway

  37. Project Location • Pittsburgh, Pennsylvania.

  38. Transit Facilities and Services • The Martin Luther King Jr. East Busway is a two-lane dedicated bus-only highway serving the City of Pittsburgh and many of its eastern neighborhoods and suburbs. Total length is 9.1 miles; and • Three Port Authority routes and other express and suburban Flyer routes utilize the busway seven days a week.

  39. TOD Facts • 59 new developments within 1,500 feet radius of station; • $302 million in land development benefits of which $275 million was construction. 80% clustered at station; • New construction and renovation of existing buildings; and • Retail, office and residential uses are most common.

  40. TOD Project #5: “NoHo” Arts District

  41. Project Location • Los Angeles, California.

  42. Transit Facilities and Services • Metro Red Line (Heavy Rail); and • Metro Orange Line (BRT).

  43. TOD Facts • Through the hard work of community stakeholders in partnership with Los Angeles Neighbourhood Initiative (LANI) and the Community Redevelopment Agency, NoHo has transformed from a thoroughfare dotted with vacant lots to a burgeoning theater district with coffee shops, restaurants and eclectic retail. In June 2000, the terminal Metro Red Line subway station opened within walking distance of this blossoming neighbourhood main street; • Medium- and high-density developments are being built around the Metro Station; and • Condominium towers (including a 15-story building on Lankershim Blvd) being built in the midst of older one-story bungalows and small apartment complexes.

  44. TOD Project #6: Columbia Pike Streetcar Project

  45. Project Location • Arlington and Fairfax Counties, Virginia.

  46. Transit Facilities and Services • Streetcar technology; • Five mile connection between Skyline and Pentagon City; • Six-minute service; • Service augmented with Metro buses during peak periods.

  47. Streetcar Technology

  48. TOD Facts • Include a mixture of community- and neighbourhood-serving retail, office, residential, and recreational/cultural uses developed with a pedestrian scale and character. New mixed-use projects would create a distinct new identity and provide future access to multi-modal transit options.

  49. Other TOD-Related Photos

  50. Charlotte Light Rail TOD