USING VALUE ENHANCEMENT TO FINANCE PEOPLE MOVERS IN SUBURBAN ACTIVITY CENTERS
Traffic relief that permits an additional increment of development is the foundation for public-private cooperation in building people movers to serve suburban activity centers. The most important variables in assessing economic potential are land prices, scale of the activity center, and degree of congestion relief that the project will bring. Using people movers as circulation systems to reduce internal, site-specific automobile trips is unlikely to justify significant private investment. However, reducing regional automobile use through strategies that incorporate people movers can generate economic value. People movers, therefore, are viewed as passenger distribution systems that disperse travelers arriving on a variety of regional transport modes to destinations throughout the activity center. The distribution or circulation systems are envisioned as a mix of walkways and people mover technologies, with an emphasis on flexibility and phased implementation. Shuttles and miniloops operating at close headways are more likely to find application than grand loops linking a few key locations. Revenues from the sale of new development rights, property taxes, special assessments, public matching funds, and user fees are projected for activity centers of varying sizes to derive financing scenarios for congestion mitigation systems. Certain institutional problems in implementation are presented and a profile of activity centers most likely to be candidates for people movers is discussed.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/isbn/0309050189
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Supplemental Notes:
- This paper appears in Transportation Research Record No. 1266, Urban Public Transportation Research 1990. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved
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Authors:
- Parker, Jeffrey A
- Publication Date: 1990
Media Info
- Features: Figures; References; Tables;
- Pagination: p. 303-311
- Monograph Title: Urban public transportation research
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Serial:
- Transportation Research Record
- Issue Number: 1266
- Publisher: Transportation Research Board
- ISSN: 0361-1981
Subject/Index Terms
- TRT Terms: Activity centers; Economic factors; Finance; Financing; People movers; Suburbs; Traffic congestion; Traffic mitigation
- Uncontrolled Terms: Financial sources; Mitigation
- Old TRIS Terms: Economic considerations
- Subject Areas: Economics; Finance; Highways; Public Transportation; Terminals and Facilities;
Filing Info
- Accession Number: 00602769
- Record Type: Publication
- ISBN: 0309050189
- Files: TRIS, TRB
- Created Date: Dec 31 1990 12:00AM