High-Speed Rail Means Real Estate Boom

Peter Gertler of HNTB says that the Obama administration's high-speed rail investments will attract new development around stations.

1 minute read

May 8, 2009, 12:00 PM PDT

By Tim Halbur


"[W]e can predict that development of all kinds [will] follow transit lines, especially in large, modernized cities where primary hubs will be located, but also in communities with intermediate and suburban stations.

These new stations could draw a mix of both commercial and residential developments. These mixed-use land developments, or "transit villages," would be enhanced by user-friendly features such as bike trails and walking paths that encourage a live-where-you-work environment that minimizes the need for auto dependency.

In addition, with high-speed rail stations as their anchors, these transit village developments would create a sense of community and vitality with a scope and character unique to the city and its environs."

Tuesday, May 5, 2009 in Forbes

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I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

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