The impact of bus rapid transit on land development

Bus Rapid Transit (BRT) has adopted characteristics of rail systems to deliver a highquality transport service in a cost-effective way. Many cities across the globe have recently adopted BRT schemes as a promising strategy for relieving traffic problems. However, as a relatively new form of Mass Transit, the ability of BRT to provide a high quality transport service and its potential to stimulate land development remain largely unexplored. Following a review of international literature on the current issues relating to the land development impact of BRT, the thesis provides empirical-based evidence that examines the performance and effects of ITS-led BRT in Beijing, China. The study makes use of qualitative (interviews with stakeholders) and quantitative analysis (the questionnaire survey of passengers and longitudinal analysis of property price data) to investigate the impact of Beijing Southern BRT Line 1 on public transport service quality and land development along its corridor. The study clearly illustrates that the BRT system is an innovative approach of providing a high-quality transport service, comparable to a rail service but at a relatively low cost and short implementation time. The research suggests that a high-quality BRT system can offer accessibility advantage (specifically travel time savings) to adjacent properties and increase their attractiveness. The statistical analysis suggests improved accessibility conferred by BRT is capitalized into higher real-estate prices. The capitalization effect mostly occurs after the full operation of BRT, and is more evident over time and particularly observed in a place which lacks the alternative mobility opportunity offered by a Mass Transit system.