New TODs Face Competition, Parking Issues
Recent transit-oriented developments in Maryland have mixed success. Demographics are on their side, but lack of parking and fierce competition make retail a significant challenge.
Katherine Shaver and Miranda S. Spivack write, "Developers want to capitalize on the demand for housing from people without children and draw suburbanites to walkable communities where they can live, work and socialize. Local governments see town centers as a form of suburban renewal -- a way to make over aging downtowns, diversify tax bases and reduce traffic congestion -- and some are providing developers with incentives to help make it happen.
But planners say that does not guarantee success."
Published on Monday, March 1, 2010 in
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