While home values in the rest of the region decline, homes near Denver's light rail system have experienced an increase in values over the past two years.
"Homes near light-rail stations along the southeast line, which opened in November 2006, have increased by an average of nearly 4 percent over the past two years, according to an analysis by Your Castle Real Estate. But the rest of the Denver market declined an average of 7.5 percent."
"The closer a home is to the station, the more its value increases, according to the Your Castle analysis. Homes less than a half-mile from a station increased an average of 17.6 percent, while those 1 1/2 to 2 miles away increased just 0.1 percent on average. The data varied widely among stations, however."
"Under its FasTracks program, the Regional Transportation District plans to create six new commuter-rail and light-rail corridors and extend three existing corridors by 2017, potentially creating other pockets where values are driven by proximity to rail."
"In other markets with rail lines, single-family home values have increased anywhere from 2 percent in San Diego to 32 percent in St. Louis, according to data gathered by the Regional Transit District."
FULL STORY: Light-rail can turn into money train
A Planning Controversy of the Transit Oriented Variety in Suburban Denver
A controversy has erupted over a proposed vision for transit oriented mixed in a Denver suburb.
Denver to Replace Public Housing Project with Mixed Use TOD
The Denver Housing Authority is planning on demolishing one of the city's oldest low-income public housing projects to make way for a new mixed-use, transit-oriented housing development.
Denver-Area Rail Service Disruptions Expected During Maintenance Work
RTD is beginning maintenance on retaining walls along its southeastern light rail lines that is expected to last roughly six months.
Seattle Legalizes Co-Living
A new state law requires all Washington cities to allow co-living facilities in areas zoned for multifamily housing.
NYC Officials Announce Broadway Pedestrianization Project
Two blocks of the marquee street will become mostly car-free public spaces.
The City of Broken Sidewalks
Can Los Angeles fix 4,000 miles of broken sidewalks before the city hosts the 2028 Olympic Games?
Study: Automobile Dependency Reduces Life Satisfaction
Automobile dependency has negative implications for wellbeing. This academic study finds that relying on a car for more than 50 percent of out-of-home travel is associated with significant reductions in life satisfaction.
San Diego School District Could Accelerate Workforce Housing Program
A proposal to build housing on five district-owned properties could yield 1,000 housing units for low- and moderate-income district employees.
Denver Transit Board Approves $1.2 Billion Budget
The 2025 budget for the Regional Transportation District is the largest in the agency’s 55-year history.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Alamo Area Metropolitan Planning Organization
Village of Glen Ellyn
City of Laramie
American Planning Association, Sustainable Communities Division
HUDs Office of Policy Development and Research
City of Cambridge, Maryland
Newport County Development Council: Connect Greater Newport
Rockdale County Board of Commissioners