Transit-Related Joint Development in Small Cities: An Appraisal of Opportunitiesand Practice

摘要

The report identifies the elements that are necessary to maximize the economicdevelopment impact of a joint transit investment/private land development project, while pursuing other social objectives. The research examines three interrelated issues: How can a smaller city determine the proper type and scale of transit-based joint development, given specific conditions found in the community; What are the likely economic development impacts of a project involving a transit facility and private businesses; and How can a joint development project benefit day-to-day operations of the local transit system. Part I of the report examines principles and practical considerations in joint development projects; Part II examines actual transit-based joint development applications in smaller cities.