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Carmen Taveras has more than 20 years of diverse real estate experience managing real estate portfolios and land development.
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Highlighted a distinct lack of support from the state when it comes to transit funding — citing Bi-State Development as a local example.
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The 37-mile River LINE right-of-way includes 21 station areas across 15 municipalities.
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In order to apply for program funding, an applicant must be an FTA grantee.
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Will begin exploring TOD concepts on eight vacant parcels acquired as part of the $280 million reconstruction of the 95th Street terminal.
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By tying mixed-use developments to its rail stations and bus lines via TOD, municipalities can enhance residents’ quality of life.
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The company is internationally recognized for innovative leadership in regional planning, urban design, and TOD.
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Recipients include the Chicago Transit Authority, The Ride, Pinellas Suncoast Transit Authority, and IndyGo.
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The idea would be a way for agency to monetize prime real estate in every municipality where it has a train station.
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Factors such as a healthy real estate market, available land, and development supportive zoning and other policies are key.
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