transit oriented development tod n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Transit-Oriented Development (TOD) PowerPoint Presentation
Download Presentation
Transit-Oriented Development (TOD)

Loading in 2 Seconds...

play fullscreen
1 / 55

Transit-Oriented Development (TOD) - PowerPoint PPT Presentation


  • 680 Views
  • Uploaded on

Transit-Oriented Development (TOD). An Overview. Definition of TOD. 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.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Transit-Oriented Development (TOD)' - Audrey


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
what is tod
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.
more about tod
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.
tod core s features
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.
benefits of tod1
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.
benefits of tod cont
Benefits Of TOD (Cont.)
  • Promote attractive, safe, walkable mixed-use neighborhoods; and
  • Increase value and income for property owners.
benefits of tod cont1
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.

what do demographers say
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.
who will live near transit stations
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.
national tod database
National TOD Database
  • 3,353 Fixed Transit Stations in 28 regions
  • 1/4 and 1/2 mile radii + metropolitan comparison.
real estate investment adjacent to transit
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).
project location
Project Location
  • Arlington County, Virginia.
transit facilities and services
Transit Facilities and Services
  • Five Metro Rail stations in the corridors; and
  • Transit operator is the Washington Metropolitan Area Transportation Authority (WMATA).
tod facts
TOD Facts
  • Over 21 million square feet of office, retail, and commercial space;
  • More than 3,000 hotel rooms; and
  • Almost 25,000 residences.
lessons learned
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.
project location1
Project Location
  • Bethesda, Maryland.
transit facilities and services1
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.
tod facts1
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.
project location2
Project Location
  • Hillsboro, Oregon.
transit facilities and services2
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.
tod facts2
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.
project location3
Project Location
  • Pittsburgh, Pennsylvania.
transit facilities and services3
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.
tod facts3
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.
project location4
Project Location
  • Los Angeles, California.
transit facilities and services4
Transit Facilities and Services
  • Metro Red Line (Heavy Rail); and
  • Metro Orange Line (BRT).
tod facts4
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.
project location5
Project Location
  • Arlington and Fairfax Counties, Virginia.
transit facilities and services5
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.
tod facts5
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.
slide55

For more information about TOD and transit-related information, please visit:http://www.vatransit.com/Virginia Transit Association1108 E. Main Street, Suite 1108Richmond, Virginia 23219Phone: 804-643-1166 • FAX: 804-643-1155