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Would You Buy a Bus for This Developer?. Robert T. Dunphy Transportation Consultant Opportunities for Priority Bus Transit in the Washington Region Washington, D.C. June 24, 200. Real Estate and Transit. The Transit Conundrum.
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Would You Buy a Bus for This Developer? Robert T. Dunphy Transportation Consultant Opportunities for Priority Bus Transit in the Washington Region Washington, D.C. June 24, 200
The Transit Conundrum • “A STUDY BY THE AMERICAN PUBLIC TRANSPORTATION ASSOCIATION REVEALS THAT 98 PERCENT OF AMERICANS SUPPORT THE USE OF MASS TRANSIT BY OTHERS”. THE ONION "Take The Bus... I'll Be Glad You Did."
Think Development when Thinking Transit (TOD– DOT) • More than the transit • Cheap Routes, cheap development • Developer will build
TOD without Transit • Higher value (Compact) • Mix of uses • Pedestrian orientation • Connections • Civic uses • Transit use • Revitalization
Working with WMATA • Hire developer the way the market does • Offer no site before its time • Get involved in local development • Allow the developer to walk
Development Does Not Happen Just Because of the Transit • It Takes: • Planning • Regulations • Incentives (possibly)