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Articles 1 - 2 of 2
Full-Text Articles in Economic Policy
Transit-Oriented Development And Weak Real-Estate Markets, Jonathan Cabral
Transit-Oriented Development And Weak Real-Estate Markets, Jonathan Cabral
Masters Theses
Mass public transportation has quickly become one of the hot topic issues throughout the country. Connecticut in particular has made significant investments in public transit and hopes to create a modern public transit system over the next two decades.
As part of the investment in public transit, there has also been significant investment in development planning around these newly created transit hubs. The development of the land around these hubs is oftentimes referred to as transit-oriented development (TOD). Rooted in TOD are principles of "new urbanism," an attempt to make places safer, walkable, and esthetically pleasing. In addition, TOD has …
The Roc And The Hard Place: The Empirical Effects Of Economic Development Projects On Property Value, And The Reurbanization Of Rochester, Ny, Henry R. Fitts
The Roc And The Hard Place: The Empirical Effects Of Economic Development Projects On Property Value, And The Reurbanization Of Rochester, Ny, Henry R. Fitts
Senior Theses and Projects
Using quantitative analysis techniques in GIS and SPSS this piece analyzes property assessment data from Rochester, NY dating back to 1990. These values are compared to the City's economic development project sites, and cluster and regression analyses were conducted to measure the effect of proximity. The evaluations held mixed results, and further study is required to prove that proximity to a project site has a positive influence on property values. Nonetheless, the study shows some evidence to support this hypothesis and notes important geographical phenomena.