Projects near transit are viewed as having the

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Unformatted text preview: 1 period. High Speed Rail increases real estate in surrounding areas- Minneapolis, Denver, and Charlotte prove Center for Transit Oriented Development, leading national entity dedicated to providing innovative practices, policy reform, research, analysis, and investment tools to support TOD implementation, 2011 (CTOD, Rails to Real Estate: development Patterns Along Three New Transit Lines, March 2011, http://ctod.org/pdfs/2011R2R.pdf, Access: 7/1/2012) AGI {All three transit lines experienced a tremendous amount of new development. Each of the three corridors experienced between 6 and 10 million square feet of new development since the year before the new transit lines opened (see chart). Charlotte’s Blue Line had the most development, with approximately 9.8 million square feet of new space between 2005 and 2009. The majority of development in all three corridors was housing, a reflection of national market conditions in the earlymid 2000’s, which strongly favored residential development. However both the Denver and Charlotte regi...
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This note was uploaded on 11/30/2013 for the course PHILOSOPHY 303m taught by Professor Tye during the Fall '12 term at University of Texas at Austin.

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