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Thursday, September 26, 2013

ATLANTIC CITIES DEBUNK THE NOTION THAT LIGHT RAIL SPURS INVESTMENT

So what's the lesson here? Well, the basic takeaway is that cities seeking TOD investments should build that desire around a strong plan for government intervention first and foremost, then identify a corridor with great potential as a secondary act. The type or quality of the transit system itself need only be a third consideration; indeed, ITDP concludes that light rail, BRT, and streetcars "all led to similar TOD investment outcomes under similar conditions."

The Surprising Key to Making Transit-Oriented Development Work - Eric Jaffe - The Atlantic Cities

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