Developers are calling on city leaders to support transit-oriented development amidst an influx of federal funding opportunities.
Local officials at the Greater Baltimore Committee's Transportation and Economic Development Summit are urging city and county leaders to “adopt pro-growth zoning policies and offer economic incentives” to support more transit-oriented development (TOD) in the region.
According to an article by Adam Bednar in Bisnow, “Gov. Wes Moore said an opportunity exists to invest in these developments throughout Baltimore and vowed to infuse state dollars into projects downtown and in outlying neighborhoods.”
Cross Street Partners CEO Bill Struever says “projects need more than state and federal dollars to entice the level of transit-oriented development required to spur a local renaissance,” calling on city officials to bolster federal funding with local support and attention to infrastructure that supports multimodal infrastructure. In some cases, new housing projects have been blocked by local opposition, such as a mixed-use redevelopment that would have created 400 new housing units on the site of a car-oriented shopping center.
FULL STORY: Baltimore Developers Say City Should 'Think Boldly' To Spur Transit-Oriented Development Boom
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