Sponsor
This research was funded by the National Institute for Transportation and Communities, or NITC, a program of TREC at Portland State University.
Document Type
Report
Publication Date
11-2019
Subjects
Land use -- Planning, Local transit -- Planning, City planning, Local transit -- Accessibility
Abstract
Building upon seven years of research, NITC investigators used economic analysis to determine development outcomes and land use planning implications of different fixed route transit systems (FRT). They have created, analyzed, and shared a nationwide data repository that explores links between transit station proximity and real estate rents, jobs, people, and housing. Earlier research revealed important differences in development outcomes of FRT’s during the 2000’s, but the significantly expanded data repository offers a more representative look at development outcomes after the Great Recession and with 22 new FRT systems added.
The main takeaway from this expanded analysis? Only 5% of all residents in the U.S., compared to 48% of all jobs, are within a half-mile of FRT stations. Far more jobs exist near transit stations than homes for those workers, and filling in the “missing middle” of housing types (e.g., townhouses, single-family attached units) would put density and affordability within greater reach of many cities.
Persistent Identifier
https://archives.pdx.edu/ds/psu/30390
Recommended Citation
Nelson, Arthur C. and Robert Hibberd. Economic and Development Benefits of Fixed Route Transit through Denser Housing: A National Assessment. Project Brief NITC-RR-1103. Portland, OR: Transportation Research and Education Center (TREC), 2019.
Description
This is a summary of TREC research report NITC-RR-1103, from the NITC program of TREC at Portland State University, and can be found online at: http://trec.pdx.edu/research/project/1103/.
Report NITC-RR-1103 can be found at https://archives.pdx.edu/ds/psu/30378