The competitive grant funds are provided through FTA’s Pilot Program for Transit-Oriented Development Planning.
Projects involve the construction of commercial, residential, or mixed-use projects near transit or on transit system-owned land.
Researchers from the Economics Research Group at the University of North Texas (UNT) reviewed 81 development projects completed within a quarter mile of DART stations with a total property value of $5.138 billion between 2016 and 2018.
The high-level planning project will help determine if the KCS corridor can provide mobility and economic opportunity for Denton County and the North Texas region.
Carmen Taveras, NJ Transit's first chief, real estate, economic development, and TOD, discusses implementing a strategic plan that maximizes the value and revenue of its real estate assets.
This marks the second multifamily development project financed this year on MARTA land with set asides for affordable housing.
Carmen Taveras has more than 20 years of diverse real estate experience managing real estate portfolios and land development.
To help alleviate the crowding during rush hour, the company developed a promotion that incentivized people to use the train during off-peak hours instead
The 37-mile River LINE right-of-way includes 21 station areas across 15 municipalities.
In order to apply for program funding, an applicant must be an FTA grantee.