A transit funding formula, courtesy of Vancouver, British Columbia: Sell 13.8-acre property for $440 million; use cash to finance transit improvements.
Glen Kortstrom reports: "TransLink has sold its 13.8-acre transit centre on West 41st Avenue…for $440 million."
The "sale ranks as one of the largest real estate transactions in B.C.’s history," according to Korstrom, but it's especially noteworthy for the cash infusion it gives to the region's transit operator.
Don Rose, chair of TransLink’s board of directors, is quoted in the article: "This transaction is a tremendous benefit to taxpayers, and is an example of how TransLink is using its resources to better serve customers across the region."
According to Korstrom, TransLink anticipates using $150 million from the proceeds of the transit center sale to the agency's $2 billion, ten-year transit improvement plan, including the Broadway and Surrey rapid transit projects.
FULL STORY: TransLink confirms $440 million sale of Oakridge bus barn
Braille Signage Now at All Vancouver Bus Stops
The city completed installation of signage for people with visual impairments at over 8,000 bus stops.
New Long-Term Plan for Vancouver Regional Transit Approved
A new 30-year transportation plan, focusing heavily on transit projects and active transportation linkages, was approved recently for the Vancouver, British Columbia region.
Vancouver Planners Hope to Leverage New Subway for Public Benefit
Vancouver is scheduled to begin construction on a new subway in 2020, and planners are laying out a vision for the neighborhoods surrounding the new line, including turning Broadway into a "Great Street."
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
San Francisco's School District Spent $105M To Build Affordable Housing for Teachers — And That's Just the Beginning
SFUSD joins a growing list of school districts using their land holdings to address housing affordability challenges faced by their own employees.
The Tiny, Adorable $7,000 Car Turning Japan Onto EVs
The single seat Mibot charges from a regular plug as quickly as an iPad, and is about half the price of an average EV.
Seattle's Plan for Adopting Driverless Cars
Equity, safety, accessibility and affordability are front of mind as the city prepares for robotaxis and other autonomous vehicles.
As Trump Phases Out FEMA, Is It Time to Flee the Floodplains?
With less federal funding available for disaster relief efforts, the need to relocate at-risk communities is more urgent than ever.
With Protected Lanes, 460% More People Commute by Bike
For those needing more ammo, more data proving what we already knew is here.
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.
Smith Gee Studio
City of Charlotte
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
US High Speed Rail Association
City of Camden Redevelopment Agency
Municipality of Princeton (NJ)