Denver 9/27 Nadine Fogarty
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Presentation from Partners in Innovation Policy Forum in Denver, CO on September 27, 2010.

Presentation from Partners in Innovation Policy Forum in Denver, CO on September 27, 2010.

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  • Significant amount of new development In our interviews and research it was clear that the private market sees value in transit and that it influences design and marketing of projects. All three of these corridors have captured more than their “fair share” of housing units in terms of land area.
  • The “gaps”: Places that don’t offer the same neighborhood amenities and services Places that require parcel assembly or environmental cleanup

Denver 9/27 Nadine Fogarty Denver 9/27 Nadine Fogarty Presentation Transcript

  • Development Patterns along New Transit Lines
    • Nadine Fogarty
    • Partners in Innovation National Symposium
    • September 27, 2010
  • Forthcoming Research
    • Rails to Real Estate: Development Patterns along Three New Transit Lines
      • Hiawatha Line, Minneapolis-St. Paul Region (2004)
      • Southeast Corridor, Denver Region (2006)
      • Blue Line, Charlotte Region (2007)
      • Next report (Title TBD): a closer look at development context along new transit lines
  • Implications for Opportunity Sites for Affordable and Workforce Housing
        • Competition for opportunity sites
        • Implications for land costs
        • Potential for displacement of existing residents
  • Considerable Amount of New Development along all Three Lines
  • Development Patterns are Uneven HIAWATHA LINE, MINNEAPOLIS-ST. PAUL REGION
  • Most Development is In or Near Downtowns and Employment Centers Hiawatha Line Minneapolis SE Corridor Denver Blue Line Charlotte Development Employment
  • No Clear Relationship between Location of New Development and Household Incomes Hiawatha Line Minneapolis SE Corridor Denver Blue Line Charlotte Development Median HH Income
  • Significant Opportunity Sites Remain BLUE LINE, CHARLOTTE REGION SE CORRIDOR, DENVER REGION
  • Context Matters
  • Implications for Affordable & Workforce Housing Opportunity Sites
    • Important to get ahead of the market in the strongest market locations
    • Many locations will require supportive investments in infrastructure, “placemaking”, amenities, neighborhood services to foster TOD
    • Local developers/CDCs may be uniquely positioned to take advantage of opportunities in urban neighborhoods
  • Development Patterns along New Transit Lines
    • Nadine Fogarty
    • Partners in Innovation National Symposium
    • September 27, 2010
    • [email_address]