EXPANDED ROLE OF STATE DEPARTMENT OF TRANSPORTATION: NEW JERSEY'S UNIQUE JOINT DEVELOPMENT PROGRAM
The NJDOT Joint Development Program works in close association with New Jersey Transit, the State's public transit operator, and PATCO, operator of the Lindenwold high-speed rail line from Philadelphia to South Jersey. Selecting sites with the greatest development potential involves market analysis and financial feasibility studies from a private sector viewpoint, formulating a development program that will convince the private sector of its ability of achieve returns, and a developer solicitation and selection process. There will be community involvement and local government and public sector participation throughout this process. The real-world, private-sector-oriented approach taken by the NJDOT and the transit operators to encourage developers and assist them, is expected to have a bright future.
- Digital Copy:
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Corporate Authors:
500 Fifth Street, NW
Washington, DC United States 20001 -
Authors:
- Russo, J W
- Publication Date: 1982
Media Info
- Features: Figures;
- Pagination: n.p.
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Serial:
- Land Use and Transportation
- Publisher: Transportation Research Board
Subject/Index Terms
- TRT Terms: Developers; Feasibility analysis; Governments; Joint development; Local government; Market research; Private enterprise; Public participation; Public transit; State departments of transportation; Transit operators
- Uncontrolled Terms: Programs
- Subject Areas: Economics; Highways; Planning and Forecasting; Public Transportation; Society; I10: Economics and Administration;
Filing Info
- Accession Number: 00372290
- Record Type: Publication
- Files: TRIS, TRB
- Created Date: May 31 1983 12:00AM