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Point of View: Developing Around Transit: Challenges for Cities and Suburbs

Robert T Dunphy

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Abstract

Current interest in transit investments is occurring in places where transit is a novelty, yet many established transit markets are struggling to maintain services. It is the point of view of this author that reinforcing a strong market with consistent public policies can produce successful transit districts. An example of this is the Rosslyn-Ballston corridor in Arlington, Virginia. Such projects must be attuned to the real estate development market, and developers must appreciate the special opportunities of transit.

About this research paper

What this paper is about

Current interest in transit investments is occurring in places where transit is a novelty, yet many established transit markets are struggling to maintain services. It is the point of view of this author that reinforcing a strong market with consistent public policies can produce successful transit districts. An example of this is the Rosslyn-Ballston corridor in Arlington, Virginia. Such projects must be attuned to the real estate development market, and developers must appreciate the special opportunities of transit.

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Available abstract

Current interest in transit investments is occurring in places where transit is a novelty, yet many established transit markets are struggling to maintain services. It is the point of view of this author that reinforcing a strong market with consistent public policies can produce successful transit districts. An example of this is the Rosslyn-Ballston corridor in Arlington, Virginia. Such projects must be attuned to the real estate development market, and developers must appreciate the special opportunities of transit.

Key concepts: Transit (satellite), Real estate, Novelty, Public transport, Business, Point (geometry), Real estate development, Transport engineering

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