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Full-Text Articles in Urban Studies and Planning
Economic And Development Benefits Of Fixed Route Transit Through Denser Housing: A National Assessment, Arthur C. Nelson, Robert Hibberd
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 …