Economic Policy Commons^™

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 …