FORGING A PUBLIC-PRIVATE SECTOR PARTNERSHIP THAT SUPPORTS STATION AREA DEVELOPMENT: IMPACT OF THE NORTHEAST CORRIDOR PROJECT ON A KEY STATE

The major impetus behind the Northeast Corridor Improvement Project in New Jersey is the federal financial commitment to the cities. Paralleling this support is the Governor's policy to renew and rebuild New Jersey's cities. The New Jersey Department of Transport is applying innovative approaches to the development and redevelopment of both land and transport systems, and involves a positive outlook on the private sector. It is noted that the key to successful economic development includes not only cooperation with the private sector, but also the adoption of private sector attitudes such as risk-taking and the entrepreneurial spirit. Service operational improvements on existing lines must be a part of the public-sector contribution. The higher the level of high-speed service to any one stop, the greater the incentive for the private sector to invest in station area development at that stop.

• Digital Copy:
  • Purchase a digital copy of this publication for $25 USD
• Supplemental Notes:
  • Presented at the Second Annual Conference on Joint Development on the Northeast Rail Corridor, Newark, NJ, 28-29 January 1980.
• Corporate Authors:

  Transportation Research Board

  500 Fifth Street, NW
  Washington, DC  United States  20001
• Publication Date: 1981

Media Info

• Pagination: n.p.
• Serial:
  • Land Use and Transportation
  • Publisher: Transportation Research Board

Subject/Index Terms

• TRT Terms: Economic development; Governments; High speed ground transportation; High speed vehicles; Impact studies; Improvements; Joint development; Level of service; Private enterprise; Speed
• Subject Areas: Economics; Highways; Planning and Forecasting; Railroads; Society; I10: Economics and Administration;

Filing Info

• Accession Number: 00372293
• Record Type: Publication
• Files: TRIS, TRB
• Created Date: May 31 1983 12:00AM