urban future
tod myths and facts
myth 7 |
tod's are a niche market |

fact |
When it comes to real estate markets, "Places without mass transit struggle."PriceWaterhouseCoopers, Emerging Trends in Real Estate 2006, 2008 |
"Transit-oriented development gains momentum."
"LoDo is the future, suburban office parks are the past."
"In the Outer Suburbs, 'Urban town centers will be the rage.'"
"Projects near mass transit have the greatest allure."
"Whether urban infill or suburban town centers, mixed-use projects with residential underpinnings should attract increasing demand from people looking to escape the congestion hassles and increasing costs associated with car dependence. Pedestrian-friendly developments near transit stops receive the most attention."
"More people want to be able to walk to the grocery store or access playgrounds without packing into the minivan. If they can leave the car behind and use light rail or trains to get to work, even better."
Myth 6: Anything next to a rail line is transit-oriented development. more

