Study Says Denver Residents Will Demand TOD

<p>The new study, which hopes to predict the demand and encourage construction of new transit-friendly homes, comes as the city is in the midst of a major expansion of its light rail system.</p>
November 8, 2006, 1pm PST | Christian Madera | @cpmadera
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"Denver is expected to see a fivefold increase in demand for housing near transit stops. The city is about to unveil an expanded light-rail system that will connect more suburban communities with downtown," according to a study released by the Center for Neighborhood Technology, Reconnecting America and Strategic Economics.

"The study examined the growth of what the groups called "transit zones," which are defined as a half-mile radius around transit stations. With just 24 transit zones now, Denver is expected to have 87 by 2030."

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Published on Tuesday, November 7, 2006 in Denver Business Journal
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