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Street-railroads -- Economic aspects

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Full-Text Articles in Urban Studies and Planning

But Do Lower-Wage Jobs Follow? Comparing Wage-Based Outcomes Of Light Rail Transit To Control Corridors, Arthur C. Nelson, Matt Miller, Dejan Eskic, Joanna P. Ganning, Jenny H. Liu, Reid Ewing Jan 2015

But Do Lower-Wage Jobs Follow? Comparing Wage-Based Outcomes Of Light Rail Transit To Control Corridors, Arthur C. Nelson, Matt Miller, Dejan Eskic, Joanna P. Ganning, Jenny H. Liu, Reid Ewing

Urban Studies and Planning Faculty Publications and Presentations

Literature suggests that rail transit improvements should be associated with more jobs and perhaps increasing share of jobs in a metropolitan area. Literature and some research also suggest that such improvements should increase the number of lower-wage jobs accessible to transit. In this paper, we assess both in the context of all 11 light rail transit systems built in metropolitan areas of fewer than eight million residents in the nation since 1981. Using census block-level job data over the period 2002 to 2011, we evaluate change in jobs and change in metropolitan area job share for all jobs, and lower- …


Transit And Economic Resilience, Arthur C. Nelson, Matt Miller, Joanna P. Ganning, Philip Stoker, Jenny H. Liu, Reid Ewing Jan 2015

Transit And Economic Resilience, Arthur C. Nelson, Matt Miller, Joanna P. Ganning, Philip Stoker, Jenny H. Liu, Reid Ewing

Urban Studies and Planning Faculty Publications and Presentations

Do fixed-guideway transit systems facilitate resilience with metropolitan areas? There is little literature making this connection theoretically and none testing it empirically. This paper helps close this gap in both respects. In evaluating metropolitan areas with light rail transit systems the authors find evidence that transit corridors on the whole performed better than control corridors during the recovery period of two recessions: that of the early 2000s and the so-called Great Recession. In particular, during the Great Recession transit corridors outperformed control corridors among many economic sectors. Outcomes were more impressive during recoveries from both the recession of the early …


Retail Rent With Respect To Distance From Light Rail Transit Stations In Dallas And Denver, Arthur C. Nelson, Dejan Eskic, Joanna P. Ganning, Shima Hamidi, Susan J. Petheram, Jenny H. Liu, Reid Ewing Jan 2015

Retail Rent With Respect To Distance From Light Rail Transit Stations In Dallas And Denver, Arthur C. Nelson, Dejan Eskic, Joanna P. Ganning, Shima Hamidi, Susan J. Petheram, Jenny H. Liu, Reid Ewing

Urban Studies and Planning Faculty Publications and Presentations

A growing body of recent research is challenging the assumptions underlying the half-mile-circle in planning for development around transit stations. In this article we review this literature and extend it to include retail land uses. We estimate the rent premium conferred on retail properties in metropolitan Dallas and metropolitan Denver, both of which have extensive light rail transit systems. We find that consistent with half-mile-circle assumptions, retail rent premiums extend only to about 0.30 mile from transit stations with half the premium dissipating after a few hundred feet and three quarters within the first 0.10 mile. We offer implications for …


Office Rent Premiums With Respect To Distance From Light Rail Transit Stations In Dallas And Denver, Arthur C. Nelson, Dejan Eskic, Joanna P. Ganning, Shima Hamidi, Susan J. Petheram, Jenny H. Liu, Reid Ewing Jan 2015

Office Rent Premiums With Respect To Distance From Light Rail Transit Stations In Dallas And Denver, Arthur C. Nelson, Dejan Eskic, Joanna P. Ganning, Shima Hamidi, Susan J. Petheram, Jenny H. Liu, Reid Ewing

Urban Studies and Planning Faculty Publications and Presentations

It seems an article-of-faith that real estate markets respond more favorably to location within one-half mile of transit stations. Planning and public decision-makers have thus drawn half-mile (or smaller) circles around rail transit stations assuming larger planning areas would not be supported by the evidence. Recent research, however, has shown market-responsiveness well beyond one-half mile. We contribute to this literature by evaluating the distance-decay function of office rents in metropolitan Dallas and Denver with respect to light rail transit (LRT) station distance. Using a quadratic transformation of distance we find office rent premiums extending in the range of two miles …


Commuter Rail Transit And Economic Development, Arthur C. Nelson, Matt Miller, Keuntae Kim, Joanna P. Ganning, Jenny H. Liu, Reid Ewing Jan 2015

Commuter Rail Transit And Economic Development, Arthur C. Nelson, Matt Miller, Keuntae Kim, Joanna P. Ganning, Jenny H. Liu, Reid Ewing

Urban Studies and Planning Faculty Publications and Presentations

Commuter rail transit (CRT) is a form of rail passenger service connecting downtowns and other major activity centers with suburban commuter towns and beyond. Between 1834 and 1973, only three public CRT systems were built in the U.S. serving New York, Chicago and then Boston. There are now 25 such systems. Modern CRT systems aim to expand economic development in metropolitan areas. But do they? This paper evaluates the economic development performance of five modern CRT systems. The authors find that several economic sectors perform well within 0.50 miles of CRT stations. The authors offer planning and policy implications.


Do Tods Make A Difference? Ns Streetcar Line Portland, Oregon, Jenny H. Liu, Zakari Mumuni, Matt Berggren, Matt Miller, Arthur C. Nelson, Reid Ewing Jun 2014

Do Tods Make A Difference? Ns Streetcar Line Portland, Oregon, Jenny H. Liu, Zakari Mumuni, Matt Berggren, Matt Miller, Arthur C. Nelson, Reid Ewing

Urban Studies and Planning Faculty Publications and Presentations

This analysis was intended to help answer the following policy questions:

Q1: Are TODs attractive to certain NAICS sectors?
Q2: Do TODs generate more jobs in certain NAICS sectors?
Q3: Are firms in TODs more resilient to economic downturns?
Q4: Do TODs create more affordable housing measured as H+T?
Q5: Do TODs improve job accessibility for those living in or near them?

The first question investigates which types of industries are actually transit oriented. Best planning practices call for a mix of uses focused around housing and retail, but analysis provides some surprises. The second question tests the economic development …


Do Tods Make A Difference? Max Yellow Line Portland, Oregon, Jenny H. Liu, Zakari Mumuni, Matt Berggren, Matt Miller, Arthur C. Miller, Reid Ewing Jun 2014

Do Tods Make A Difference? Max Yellow Line Portland, Oregon, Jenny H. Liu, Zakari Mumuni, Matt Berggren, Matt Miller, Arthur C. Miller, Reid Ewing

Urban Studies and Planning Faculty Publications and Presentations

This analysis was intended to help answer the following policy questions:

Q1: Are TODs attractive to certain NAICS sectors?
Q2: Do TODs generate more jobs in certain NAICS sectors?
Q3: Are firms in TODs more resilient to economic downturns?
Q4: Do TODs create more affordable housing measured as H+T?
Q5: Do TODs improve job accessibility for those living in or near them?

The first question investigates which types of industries are actually transit oriented. Best planning practices call for a mix of uses focused around housing and retail, but analysis provides some surprises. The second question tests the economic development …