Urban Studies and Planning Commons^™

Economic And Development Benefits Of Fixed Route Transit Through Denser Housing: A National Assessment, Arthur C. Nelson, Robert Hibberd

TREC Project Briefs

Building upon seven years of research, NITC investigators used economic analysis to determine development outcomes and land use planning implications of different fixed route transit systems (FRT). They have created, analyzed, and shared a nationwide data repository that explores links between transit station proximity and real estate rents, jobs, people, and housing. Earlier research revealed important differences in development outcomes of FRT’s during the 2000’s, but the significantly expanded data repository offers a more representative look at development outcomes after the Great Recession and with 22 new FRT systems added.

The main takeaway from this expanded analysis? Only 5% of …

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 …