With the second highest share of transit usage in the U.S., a new study three years in the making assesses the development opportunities around the New Jersey's 243 transit stations.
A new report published last week by New Jersey Future, looks at the development opportunities around the state's existing transit stations (243 in total), many of which have already seen an influx of new development in recent years. The Star-Ledger's Mike Frassinelli reports, "[t]he report by the smart growth and transportation choice advocacy group shows that what is old is new again in New Jersey as towns look to the past - their train stations - to make them desirable for a new generation of commuters who have eschewed their cars."
The report, the first of its kind in New Jersey, "could help policy-makers and developers put the right kinds of incentives - such as urban hub tax credits or Transit Village designations - in the right kinds of locations and help municipalities understand the strengths and weaknesses around their transit assets, said Elaine Clisham, New Jersey Future's director of communications."
FULL STORY: Transit villages in N.J. blend past with future, and spark development
Study: New Jersey Surrounds Transit Stations With Single-Family Housing
According to the Streetsblog, one of the most transit-rich states in the country squanders the potential benefits of its infrastructure by surrounding stations with sprawling residential communities.
Why Should We Subsidize Public Transportation?
Many public transit agencies face financial stress due to rising costs, declining fare revenue, and declining subsidies. Transit advocates must provide a strong business case for increasing public transit funding.
Can We Resist Displacement From Transit-Oriented Development?
Transit stations increase nearby jobs and populations, but they could also contribute to displacement. What can we do differently?
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