While the debates around transit-oriented residential development continue, commercial TOD is picking up speed. Offices with nearby transited to fetch much higher rents than their car-only counterparts.
Getting to work without a car has its charms, especially for the young professional set. Increasingly, commercial developers are prioritizing projects within walking distance of transit hubs.
Joe Gose writes, "Office buildings with access to transit are outshining those without, fetching rents nearly 80 percent higher. That amounts to $45.57 a square foot versus $25.39 a square foot, according to a report released this year by Jones Lang LaSalle. Those same buildings have a vacancy rate 3.7 percentage points lower than offices without transit access."
As new transit gets built, office districts are liable to spring up nearby. "Areas that have experienced development near new rail systems or station openings include Fulton Market in Chicago; downtown Kansas City, Mo.; Austin, Tex.; and the RiNo neighborhood of Denver, to name a few."
FULL STORY: Transit Hubs: A Growing Lure for Developers
Massachusetts Releases Transit-Oriented Multifamily Housing Rules
Communities near transit stations will have to comply with a new set of regulations that support multifamily development and increased housing density.
Portland Transit Station to Get Multi-Modal Mixed-Use Overhaul
The regional transit agency for Portland, Oregon is working on a development plan that would drastically multiple the planning considerations at a local transit station.
What Makes a Transit System Great in the U.S.
Transit should make people's lives better, with density a key component of successful systems.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
DARTSpace Platform Streamlines Dallas TOD Application Process
The Dallas transit agency hopes a shorter permitting timeline will boost transit-oriented development around rail stations.
Congressman Proposes Bill to Rename DC Metro “Trump Train”
The Make Autorail Great Again Act would withhold federal funding to the system until the Washington Metropolitan Area Transit Authority (WMATA), rebrands as the Washington Metropolitan Authority for Greater Access (WMAGA).
Supreme Court Ruling in Pipeline Case Guts Federal Environmental Law
The decision limits the scope of a federal law that mandates extensive environmental impact reviews of energy, infrastructure, and transportation projects.
Texas State Bills to Defund Dallas Transit Die
DART would have seen a 30% service cut, $230M annual losses had the bills survived.
Bikeshare for the Win: Team Pedals to London Cricket Match, Beats Rivals Stuck in Traffic
While their opponents sat in gridlock, England's national cricket team hopped Lime bikes, riding to a 3-0 victory.
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.
Roanoke Valley-Alleghany Regional Commission
City of Mt Shasta
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)