Connecticut Seeks to Leverage Transit to Build Roads

With two major transit lines in the pipeline, and several billion dollars of road, bridge, and transit repair and replacement projects planned for the future, Connecticut officials are counting on transit-oriented development to help raise revenue.

At a transportation forum held earlier this week, Connecticut Gov. Dannel P. Malloy explained the state's transportation funding dilemma as such, reports Don Stacom: "Addressing Connecticut's transportation challenges is key to growing our economy, creating jobs, and making the state more competitive," Malloy said. "Fewer [federal] dollars will be coming to our state. What do we do about falling gas tax revenues? How do we build out Route 11 or the 395 interchange or the widening of 95 in the eastern part of the state?"

Malloy answered his own question with a nod to the revenue generating potential of private development around new transit stations. It seems ironic, though, that the Governor would pay for road projects with revenue generated by leveraging transit projects (in turn, potentially starving those systems of passengers and further development potential).

Nevertheless, speakers at the forum expressed optimism that "[t]he New-Britain-to-Hartford busway and the proposed Springfield-Hartford-New Haven commuter rail line will create opportunities for developers to build relatively high-density housing near stations to accommodate young workers and empty-nesters," notes Stacom. "The state can help coordinate that development and adopt policies that allow more public-private financing to relieve the strain on taxpayers, they said."

Full Story: With Billions Of Transportation Projects Needed, State Looks To Transit-Oriented Development

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
Woman wearing city map tote bag

City Shoulder Totes - New Cities Added!

Durable CityFabric© shoulder tote bags available from 7 different cities.
$22.00
poster

A Short History of America

From comic book artist Robert Crumb, poster shows how the built environment has changed throughout the decades.
$14.95