transit, transit oriented development, …

40
TRANSIT, TRANSIT ORIENTED DEVELOPMENT, AND DEVELOPMENT, AND HIGHWAY 29: WHAT WILL WORK FOR WILL WORK FOR GREER Dena Belzer May 15, 2012

Upload: others

Post on 07-Apr-2022

12 views

Category:

Documents


1 download

TRANSCRIPT

Page 1: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

TRANSIT, TRANSIT ORIENTED DEVELOPMENT, ANDDEVELOPMENT, AND HIGHWAY 29: WHAT WILL WORK FORWILL WORK FOR GREER

Dena Belzer

May 15, 2012

Page 2: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Presentation OverviewPresentation Overview1 Introduction – Why am I here1. Introduction Why am I here2. Transit Planning Starts at the Regional Scale3 Benefits of Transit for Regional Economies3. Benefits of Transit for Regional Economies4. Transit and Transit Oriented Development5 Getting Started5. Getting Started6. Market Forces, Transit, TOD7 Fi l Th ht7. Final Thoughts

Page 3: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Why is an Urban Economist Giving a Presentation About Transit?Presentation About Transit?

Transit like any other infrastructure investmentTransit, like any other infrastructure investment is a means to an end: generating economic benefits for the region’s residents and gbusinesses! If there is no benefit from this investment, why y

make it? But, if there is an opportunity for economic pp y

benefits, how do we maximize this opportunity?

Page 4: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Transit Planning Starts at theTransit Planning Starts at the Regional Scale

Page 5: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Transit Creates Diverse BenefitsTransit Creates Diverse Benefits Benefit Primary Beneficiary Geography of Benefity y g y

1. Transit user benefits Transit riders Local/regional(more in transit areas)

2. Congestion reduction Drivers/everyone Local/regional

Government/taxpayers3. Facility cost savings Government/taxpayers, developers Local/regional

4. Consumer savings Transit riders Local/regional(more in transit areas)

5 Transport diversity Transit riders Local/regional5. Transport diversity Transit riders g(more in transit areas)

6. Road safety Everyone Local/regional

7. Environmental quality Everyone Local/regionalq y y g

8. Efficient land use Everyone Local/regional

9. Economic development Employers/Property Owners Transit areas

10. Community cohesion Everyone Transit areas

11. Public health Transit riders Transit areas

Page 6: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Commute Trips are Key to A Viable Transit SystemTransit System

Work Trips are Less than 20% of Work Trips Fundamental to TransitWork Trips are Less than 20% of Total Trips

Work Trips Fundamental to Transit Commute (60%)

By a wide margin, the largest group of transit trips are commute trips Commuters are key to transit’s productivitySource: Pisarski, Commuting in America

Page 7: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

The Impact of the Commute Trip Goes Beyond Its Share of Total TravelBeyond Its Share of Total Travel

VSVS.

Page 8: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Change in Transit Ridership as a result of Doubling Key FactorsEmployment Density Is Critical For Transit Performance

Change in Transit Ridership as a result of Doubling Key Factors

Source: Guerra and Cervero 2011

Page 9: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Therefore, Transit Systems Needs to Connect Major Employment “Clusters”Major Employment Clusters

Page 10: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Transit Ridership Will Vary Across a Region, but In Key “Corridors” Ridership Will Be Very Strong

Page 11: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Benefits of Transit for RegionalBenefits of Transit for Regional Economies

Page 12: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Certain Sectors of the Economy Benefit from Co Locating in Dense Settingsfrom Co-Locating in Dense Settings

Greater access to appropriate shared workforcepp p

Geographic proximity to similar and complementary firms

“K l d ill ” “Knowledge spillover”

Urban amenities for firms focused on particular Urban amenities for firms focused on particular segments of the labor force (Gen X and Millennials))

Page 13: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Many Large Suburban Employment Centers Cannot Evolve Without TransitCannot Evolve Without Transit

Warner Center, Los Angeles Tysons Corner, N. Virginia

Page 14: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Transit and Transit OrientedTransit and Transit Oriented Development

Page 15: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Defining Transit Oriented DevelopmentDefining Transit Oriented Development

TOD is new development or significantTOD is new development or significant reinvestment in existing properties located within ¼ to ½ mile of a transit station that:within ¼ to ½ mile of a transit station that:

Generates ridership for the transit systemGenerates ridership for the transit system, Lowers people’s cost to live and workI t iti / h i fIncreases opportunities/ choices for

accessing housing and jobs.

Page 16: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Connected Neighborhoods and Job Clusters Are Mutually Reinforcing for Transit RidershipMutually Reinforcing for Transit Ridership

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Source: SFBay Area Metropolitan Transportation Commission

Page 17: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Many Benefits to TOD Beyond Transit RidershipTransit Ridership

Reduces households costs by reducing drivingReduces households costs by reducing driving Promotes better health Creates increased access to jobs Creates increased access to jobs Reduces GHG emissions

G t t t Generates stronger tax revenues Saves on public cost to build highways and

j dmajor roads

Page 18: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

TOD Is Not Just About Projects, its About Neighborhoods and Districts With a Range of Opportunities and ConstraintsOpportunities and Constraints

Page 19: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Transit Oriented Neighborhoods Need Strong Connections So People Can Walk, Bike, and Ride TransitTransit

Page 20: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Transit Oriented Neighborhoods Also Need a Mix of Community FacilitiesNeed a Mix of Community Facilities

Page 21: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

But, Transit alone does not create Real Estate Market DemandReal Estate Market Demand

Page 22: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

New transit Boosts Property Values When Transit Offers Improved Access and Connections B t H i d J bBetween Housing and Jobs

Page 23: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Transit Oriented Development is Not a “One Size Fits All” SolutionNot a One Size Fits All Solution

Page 24: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Getting Started

Page 25: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Remember that Transit and TOD Are Connected At Multiple “Scales”Are Connected At Multiple Scales

Page 26: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Plan for Different Kinds of Transit to Serve Different “Distances”to Serve Different Distances

Very Local TripsIntra-City TripsIntra City Trips

Inter-City/Regional Trips

Shuttles St t Li ht R ilShuttlesCirculatorsStreetcars

StreetcarsCity BusesLight RailBus Rapid Transit

Light RailBus Rapid TransitCommuter/Heavy RailCommuter Busesp

Technology i.e., bus versus train can be “neutral”

Page 27: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Different Kinds of Land Uses Can be Served By TransitServed By Transit

Best Opportunities for Integrating i d dTransportation and Land Use

SUBURBAN COMPACT TRANSIT SERVED

HCTORIENTED

Source: Maricopa Association of Governments, Arup

Page 28: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Look Holistically At Regional Land Use Patterns That Can Work with TransitPatterns That Can Work with Transit

Deer Valley

North I-17 Corridor

Downtown Scottsdale

North Central A en e

Downtown Tempe

ScottsdaleAvenue

Downtown Phoenix

Data Source: Maricopa Association of Governments 2009, US Census 2010, Arup 2012

Page 29: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Different Locations Within the Region Will be Appropriate for Different Levels of Transit Service

SUBURBAN COMPACT TRANSIT SERVED

HCTORIENTED

Drive-able +++ ++ + +Walk-able ++ +++ +++Walk-able ++ +++ +++Flex-route + + + +Commute transit + ++ +++All-day transit + +++High-capacity Transit +++

Page 30: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Market Forces, Transit, TOD

Page 31: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Major Market Trends Are Driving Demand for Development Near TransitDevelopment Near Transit

76 Million Baby Boomers 75-80 Million Millennials

Almost ½ of All Households are Single People

Projected Employment Growth in Knowledge based Sectors

Page 32: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

High Quality Bus Service Has a Track Record for TransformationTrack Record for Transformation

Page 33: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

New Housing in an Old Commercial Corridor with a New Rapid Bus Servicewith a New Rapid Bus Service

Page 34: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Private Investment Follows Public Investment, Especially for Access ImprovementsEspecially for Access Improvements

North of Massachusetts neighborhood in Washington, DC is transforming from vacant industrial to a mixed usetransforming from vacant industrial to a mixed-use employment center since a new Metro Station has been built.

Page 35: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Example: South Lake Union Transformation from Antiquated Industrial Use to Modern Employment DistrictDistrict

South Lake Union Seattle was characterized The area is transforming into a denseSouth Lake Union, Seattle was characterized by low-slung warehouses and factories

The area is transforming into a dense, interactive employment district

Source: Eugenia Woo, 2012; Cooper Jacobs Commercial Real Estate Services, 2012; Stuart Isett, New York Times, 2012; Mike Siegel, The Seattle Times.

Page 36: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

But All Public Transportation Investments be Coordinated, or They “Work Against” Each Other, Particularly Highway Investments and TransitParticularly Highway Investments and Transit

101 Loop Employment

Clusters

153 260 jobs153,260 jobs

Downtown Phoenix

48,752 jobs

Page 37: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

Final Thoughts

Page 38: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

What Transit And TOD Can Do For Greer Greenville and SpartanburgGreer, Greenville, and Spartanburg

1. Save money for families and businesses1. Save money for families and businesses2. Give people more choices about where they

live and how they get around3. Help attract and retain young skilled workers4. Provide options for empty nesters as we age5. Help attract new businesses and incent

existing businesses to stay in the region6. Help improve air quality7. Help keep rural places “rural”

Page 39: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …
Page 40: TRANSIT, TRANSIT ORIENTED DEVELOPMENT, …

For Further Information Contact:For Further Information Contact:

Dena Belzer – Strategic Economicsdbelzer@strategiceconomics.comwww.strategiceconomics.comg

Roger Millar – Smart Growth Americaill @ h [email protected]

http://www.smartgrowthamerica.org

Assistance for this presentation provided with grant support f US EPA' Offi f S t i bl C iti dfrom US EPA's Office of Sustainable Communities under their Building Blocks for Sustainable Communities Program.