TOD Commands A Premium In Denver

Apartment seekers are willing to pay more for places next to transit, says a market analysis by Grubb & Ellis. Proximity to transit was the #1 factor in their decision.

College students were the largest market for the transit-oriented developments, with professionals in their 30s next.

From the Denver Post: "People find they can get on light rail and have quicker access to the downtown area or, if they live downtown, out to the Tech Center," said Gordon Von Stroh, professor of business at the University of Denver. "It's more appealing to the urban-oriented younger professional that is willing to make some changes and look at transportation from a different perspective."

Full Story: Apartment seekers willing to pay more to be near light rail

Comments

Book cover of the Guide to Graduate Planning Programs 4th Edition

Thinking about Grad School?

New! 4th Edition of the Planetizen Guide to Graduate Urban Planning Programs just released.
Starting at $24.95

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $209

Wear your city with style!

100% silk scarves feature detailed city maps. Choose from six cities with red or blue trim.
$55.00

Essential Readings in Urban Planning

Planning on taking the AICP* Exam? Register for Planetizen's AICP * Exam Preparation Course to save $50.
$369 includes free shipping!