Transit and Regional Economic Development

This paper examines the composition of existing employment in areas served by fixed-guideway rail transit, and explores how industries vary in their proclivity to locate in higher density, transit-served locations. It also assesses which industries have experienced recent growth near transit in absolute numbers, even though they may have a declining share of total employment in transit areas. The outcome of this analysis is a better understanding of the types of industries that may have a greater propensity to be transit-oriented. Findings from this paper will be of interest to regional economic development planners working to build long-term structural capacity for economic growth. It will also be of interest to transit planners that seek to maximize regional employment access and achieve high levels of ridership. Policymakers and planners will be able to use this paper to identify which industries currently express the greatest affinity toward transit and, thus, may be most appropriate to target for recruitment or retention in transit-oriented locations. The findings of this paper may also be help to make more cost-effective transit investments to better serve transit-oriented businesses and their employees.

Language

  • English

Media Info

  • Media Type: Web
  • Features: Appendices; Figures; Glossary; Tables;
  • Pagination: 41p

Subject/Index Terms

Filing Info

  • Accession Number: 01349608
  • Record Type: Publication
  • Report/Paper Numbers: FTA CA-26-1007-03
  • Files: TRIS, USDOT
  • Created Date: Aug 9 2011 4:21PM