Building a TOD? How to Keep on Track
Should you consider building a TOD? Transit-oriented developments have been around for more than 25 years. A unique blend of transit infrastructure and office, retail and residential development, TOD is an approach to leverage the opportunities provided by access to high-quality public transportation. The purpose of TODs is to reduce the dependency of the public on automobiles, reducing the amount of vehicle miles traveled. TODs are often located near light rail or trolley stations, but also can be located near transit centers that may also include a combination of bus and light rail and/or trolley lines.
This article first appeared in BUILDERnews magazine.