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Inner City
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Transit-Oriented Development: Who Makes Money?
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Session #: 046-122
Presenter(s): Panel Session Length: 1:15 hr.
Program: 2006 ULI Fall Meeting Date: 10-2006
TOD—Transit-Oriented Development—is a popular buzzword, but new strategies are required to structure today's transactions so that transit villages and joint development maximize benefit and return. When done correctly, transit districts can benefit the community, the landowners, the developers, and the transit agency. When dealt with incorrectly, TOD projects can become contentious, sub-optimized, and stalled along the track. In this session, a powerful panel will share cutting-edge examples and approaches on these promising but complex TOD deals, including guidance on land leases, entitlements, parking, and insider tricks to keep transit projects on the road to success.
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