Privatized Transit: Who Profits?

Yonah Freemark argues that encouraging developers to build their own transit (as Christopher Leinberger recently argued) could be highly problematic.

For one, Freemark makes the point that it would be virtually impossible for developers to assemble the political will and right-of-way for a new transit line.

"...few developers are able to assemble land development plots large enough to make investing in a new transportation system necessary, especially in dense urban areas, where most new construction requires only a block or two of space. If the new construction is done out of town, developers would have to buy the use of transit rights-of-way all the way into town, a probably too-expensive proposition to be considered seriously."

Full Story: Transit as a Development Tool, but in Whose Intere

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