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Transit-Oriented Development, or TOD, means development that is vibrant, pedestrian-friendly, and genuinely integrated with transit that supports both local community development and regional economic development. TOD often includes a mix of uses including a variety of housing types, office, and retail within a five to 10-minute walk of a transit station. It is generally denser than the development surrounding it and is supported by high quality neighborhood amenities, such as parks, plazas, and other public spaces.
Some of the benefits of TOD include, but are not limited to:
Reduced household driving and thus lowered regional congestion, air pollution, and greenhouse gas emissions
Walkable communities that accommodate more healthy and active lifestyles
Increased transit ridership and fare revenue
Potential for added value created through increased and/or sustained property values
Improved access to jobs and economic opportunity
Expanded mobility options that reduce dependence on the automobile
Lower combined housing and transportation expenses for households
Strengthened local economies
More efficient use of infrastructure and associated maintenance costs
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Transit-Oriented Development, or TOD, means development that is vibrant, pedestrian-friendly, and genuinely integrated with transit that supports both local community development and regional economic development. TOD often includes a mix of uses including a variety of housing types, office, and retail within a five to 10-minute walk of a transit station. It is generally denser than the development surrounding it and is supported by high quality neighborhood amenities, such as parks, plazas, and other public spaces.
Some of the benefits of TOD include, but are not limited to:
Reduced household driving and thus lowered regional congestion, air pollution, and greenhouse gas emissions
Walkable communities that accommodate more healthy and active lifestyles
Increased transit ridership and fare revenue
Potential for added value created through increased and/or sustained property values
Improved access to jobs and economic opportunity
Expanded mobility options that reduce dependence on the automobile
Lower combined housing and transportation expenses for households
Strengthened local economies
More efficient use of infrastructure and associated maintenance costs