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Full-Text Articles in Urban Studies and Planning
Value Capture To Fund Public Transportation: The Impact Of Warm Springs Bart Station On The Value Of Neighboring Residential Properties In Fremont, Ca, Shishir Mathur
Mineta Transportation Institute Publications
This study estimates households’ willingness to pay for single-family houses and condominiums/townhouses located within 2 miles of Warm Springs (WS) BART Station in Fremont, CA. The study finds that, compared to the houses sold in the referent category (2 to 5 miles away and sold during the pre-project-announcement period of 2000-2001), an average-priced single-family house within two miles of the WS BART Station was higher in price by 9% to 15%. The total property value increment for the single-family houses is large enough to fund the $802 million Warm Springs BART Extension Project cost five times over.
Housing And Mobility Toolkit For San Mateo County, Serena Alexander, Joseph Kott, Bruce Appleyard, Mark Garrett, Shannon Mcdonald, Maaza Mekuria, Udeme J. Ndon, Anurag Pande, Eric Peterson
Housing And Mobility Toolkit For San Mateo County, Serena Alexander, Joseph Kott, Bruce Appleyard, Mark Garrett, Shannon Mcdonald, Maaza Mekuria, Udeme J. Ndon, Anurag Pande, Eric Peterson
Mineta Transportation Institute Publications
Since the end of the Great Recession, San Mateo County has attracted new workers at a record rate without building anywhere near enough housing. This jobs-housing imbalance drives the cost of housing up and forces many moderate and lower-income employees and their families out of the County. A lack of access to quality affordable housing in the County and the entire Bay Area along with limited transportation options means that an increased number of employees drive in and out of the County every workday. The resultant congestion, gridlock, and long commutes along with other negative environmental, social, and economic impacts …