Hidden In Plain Sight: Capturing The Demand For Housing Near Transit

This study examines: (1) the travel behavior and demographics of people who live near public transit stations; (2) national consumer and real estate trends that affect the potential market for housing within a half mile of fixed guideway transit stops (transit oriented development (TOD)); (3) the ability of regions served by public transit to accommodate this emerging consumer market; and (4) the potential demand for housing within walking distance of public transit stations in 2025. Results of the study accomplished the following: (1) projections for regional housing demand for household types that prefer living in transit-oriented communities; (2) analysis of the Center for Transit-Oriented Development's national TOD database; this database is a geographic information system (GIS) platform that can be used to evaluate conditions around the 3,341 existing fixed guide transit stations in the nation, and the 630 additional transit stations that are scheduled for construction by 2025; (3) a method for analyzing the unused capacity of areas that are in walking distance of public transit stations, which can aid in measuring a region's TOD potential; and (4) a case study demonstration, in seven regions of the country, of the study's methodology.

• Record URL:
  http://www.reconnectingamerica.org/pdfs/Ctod_report.pdf
• Corporate Authors:

  Reconnecting America

  Center for Transit Oriented Development
  436 14th Street, Suite 1005
  Oakland, CA  United States  94612
• Publication Date: 2004-9

Language

• English

Media Info

• Media Type: Web
• Features: Appendices; Figures; Photos; References; Tables;
• Pagination: 40p

Subject/Index Terms

• TRT Terms: Case studies; Consumer preferences; Consumers; Demand; Demographics; Dwellings; Forecasting; Geographic information systems; Markets; Public transit; Rail transit stations; Real estate development; Transit oriented development; Travel behavior; Trend (Statistics); Walking distance
• Uncontrolled Terms: Fixed guideway systems
• Subject Areas: Planning and Forecasting; Public Transportation; Society; Terminals and Facilities;

Filing Info

• Accession Number: 01000416
• Record Type: Publication
• Files: TRIS
• Created Date: May 20 2005 3:42PM