The Transit Oriented Development Concept, and Property Investing
A transit-oriented development (TOD) is a mixed-use residential or commercial area designed to maximize access to public transport, and often incorporates features to encourage transit ridership. A TOD neighborhood typically has a center with a train station, metro station, tram stop, or bus stop, surrounded by relatively high-density development with progressively lower-density development spreading outwards from the center. TODs generally are located within a radius of one-quarter to one-half mile (400 to 800 m) from a transit stop, as this is considered to be an appropriate scale for pedestrians. Get the full definition and history here: Transit Oriented Development, Transit Oriented Development, and Transit Oriented Development See Also- Urban Infill - Institutional Investors - Uban Revitalization - Transit Oriented Development - Real Estate Investors - Smart Growth - Stakeholder Engagement |
