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Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Urban Studies and Planning

Portland State University

TREC Final Reports

2019

Local transit -- Economic aspects

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Full-Text Articles in Social and Behavioral Sciences

The Link Between Transit Station Proximity And Real Estate Rents, Jobs, People And Housing With Transit And Land Use Planning Implications, Arthur C. Nelson, Robert Hibberd Nov 2019

The Link Between Transit Station Proximity And Real Estate Rents, Jobs, People And Housing With Transit And Land Use Planning Implications, Arthur C. Nelson, Robert Hibberd

TREC Final Reports

This report updates and expands prior research in the genre of research that has used economic base analysis (especially shiftshare) and CoStar commercial rent data to estimate the development outcomes to transit. The study period for prior economic base analysis was 2002-2011and census data for 2000 and 2010, as well as CoStar data for 2013. Prior analysis compared development, demographic and housing outcomes associated with those transit systems during the period before the Great Recession (2000 through 2007) and during recession into recovery (2008 through 2011). Though NITC researchers found important differences in outcomes between the study periods of 2000-2007 …