Transit-Oriented Development
Developers in Colorado—which has a statewide vacancy rate of just 4.5 percent—are responding to increased demands from millennials and baby boomers for housing focused on healthy and intergenerational living, said Patrick Coyle, director of the state’s housing division, at the closing general session of the ULI Housing Opportunity 2014 conference in Denver.
One of the legacies of the Olympic Games held in Vancouver four years ago is a light-rail line that has become something of an international model in transit circles.
Just as rapidly urbanizing U.S. neighborhoods grapple with the challenges of auto-oriented land use patterns from the past, millennials and entrepreneurs have come up with a solution: the sharing economy.
Retail developers are finding that urban sites are among the best new and ongoing development opportunities given the demographic shifts to cities, said panelists of the ULI Fall Meeting in Chicago, and transit-oriented development is a top prospect for retail and retail-housing mixed use.
Transit measures fared well with voters in November. But debate continues over the best choice — rail or enhanced bus service?
Special assessments, which tie property taxes directly to benefits, are being used in some of the country’s highest-profile transit projects.
With a focus on its historic Union Station, Los Angeles is trying to create transit links between downtown and surrounding historic neighborhoods—and invited a ULI advisory services panel to weigh in.
In an effort to facilitate walkable urbanism while harnessing suburban growth into sustainable neighborhoods, the North Central Texas Council of Governments has partnered with the Partnership for Livable Communities to help finance the construction of a transit line along a right-of-way called the Cotton Belt. Read how creative finance is poised to get this project done years ahead of schedule.
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