As transit oriented development gains ground in cities across the country, it is increasingly seen as the model for the future of multi-family housing.
"Clearly, promoting an environmental position enhances corporate social responsibility. One particular initiative – the transit-oriented development (TOD) – offers a clear vision of taking that responsibility beyond what is socially expected. The TOD is the model for what multi-family housing will look like in the years ahead. Many TOD projects are included in the USGBC's LEED-ND/Neighborhood Development pilot program, with 238 projects already registered, including: 108 N. State Street, Chicago; Atlantic Yards Development, Brooklyn, NY; City Creek Center, Salt Lake City, UT; Transit-Oriented Develop District, Irvine, CA; and MacArthur BART Transit Village, Oakland, CA."
"Many developers – along with the Urban Land Institute (ULI) – have embraced these initiatives, and have addressed their potential value as TODs have evolved. In a 2003 report addressing TODs' barriers and incentives, the ULI noted that TOD is an important component in a community's tool kit to achieve regional growth management goals and objectives. However, it is not a "silver bullet" for economic and other problems faced by jurisdictions. TOD operates in and is supported by a multimodal transit and land use environment, but TOD and transit do not by themselves create a successful market. The reverse is true: the market creates opportunities for TOD."
Read the full story: INSIGHT: Transit-Oriented Design: An Evolution from Societal Convenience to Environmental Solution
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City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
The Architects Foundation
City of Cambridge
Montrose County
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