Description

The Norman Y. Mineta International Institute for Surface Transportation Policy Studies (IISTPS) at San José State University (SJSU) conducted this project to examine opportunities for transit based developments based on public land and private partnerships. The ten case studies include a variety of financing and ownership arrangements, with the buildings constructed for residential, commercial and office uses. The report examines the differences in expectations and objectives between public and private entities and suggests strategies for more realistic relationships. It includes detailed “Decision Check Lists” for both private developers and public agencies to consider before embarking upon a transit based development project. The report reviews different purposes and intended uses for transit oriented development, as well as the importance of appropriate location, design and market timing. It included a discussion of financing mechanisms, including traditionally private-based, as well as various methods of public funding and subsidies. Relevant federal and California legislation is summarized. The document includes a Glossary and an extensive bibliography.

Publication Date

5-1-2007

Publication Type

Report

Keywords

Transit based development, Public/Private partnerships, Financing, Redevelopment, Zoning, Transit Oriented development, Density, Market analysis, Real property

Disciplines

Transportation

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