THE ECONOMIC EFFECT OF RAPID TRANSIT ON REAL ESTATE DEVELOPMENT
THE IMPACT OF TORONTO'S RAPID TRANSIT SYSTEM IS DISCUSSED. MANY OF NORTH AMERICA'S MAJOR CITIES AND THEIR SURROUNDING SUBURBS ARE BEING STRANGLED BY TRAFFIC AND POISONED BY EXHAUST FUMES, AND THEIR CITIZENS ARE FORCED TO DEVOTE MORE OF THEIR LIVING AND WORKING SPACE TO PARKING LOTS. A BALANCED METROPOLITAN TRANSPORTATION SYSTEM WITH INEXPENSIVE PUBLIC TRANSIT SERVICE THAT IS FREQUENT, FAST, AND RELIABLE, AND WHICH INDUCES CITIZENS TO LEAVE THEIR CARS AT HOME MUST BE PROVIDED. TRANSPORTATION AND DEVELOPMENT MUST BE PLANNED JOINTLY. EASE OF ACCESS ENCOURAGED DEVELOPMENT, AND DEVELOPMENT GENERATES MOVEMENT. A PLAN FOR ONE MAKES SENSE ONLY IF INTEGRATED WITH AN APPROPRIATE PLAN FOR THE OTHER. THE MAXIMUM INTEGRATION OF ALL FORMS OF TRANSPORTATION (TRANSIT, TRAIN, CAR, TRUCK, ETC.) MUST BE SOUGHT TO ACHIEVE THE BEST USE OF EACH AND THE BEST OVERALL RESULTS. THE COMBINATION OF A LONG DISTANCE, HIGHSPEED MASS TRANSPORTATION SYSTEM (SUCH AS A COMMUTER TRAIN SERVICE) BETWEEN CITY CENTERS, AND AN EXPRESSWAY NETWORK FOR REGIONAL CIRCULATION WILL BE EFFICIENT, ATTRACTIVE, AND FLEXIBLE. IT COULD ACCOMMODATE CONTINUING GROWTH IN OLD AND NEW CITIES BY INCREASING COMMUTER LINE CAPACITY RATHER THAN RELYING ENTIRELY ON NEW EXPRESSWAYS. IN THE LONG RUN, THE COMMUTER TRAIN SYSTEM CAN BE AS IMPORTANT TO THE REGION AS THE SUBWAYS ARE TO THE CENTRAL CITY. /AUTHOR/
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Supplemental Notes:
- Vol 36, No 2, PP 213-224
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Authors:
- Heenan, G W
- Publication Date: 1968-4
Media Info
- Serial:
Subject/Index Terms
- TRT Terms: Commuters; Development; Economic impacts; Expressways; Integrated systems; Metropolitan areas; Railroad transportation; Rapid transit; Real estate development; Real property; Transportation planning
- Uncontrolled Terms: Integration
- Subject Areas: Economics; Highways; Passenger Transportation; Railroads; Society;
Filing Info
- Accession Number: 00239807
- Record Type: Publication
- Files: TRIS
- Created Date: Jun 3 1994 12:00AM