linkedin 2 twitter 2

Economic Development Research Group Blog

Value Capture, Transportation Investment, and Joint Development

NS_NCHRP_blog_Capture.JPG
The Transportation Research Board's (TRB's) National Cooperative Research Highway Research Program (NCHRP) recently released Report 873: Guidebook to Funding Transportation Through Land Value Return and Recycling. With ongoing conversations at every level of government about the best and most equitable ways to pay for our transportation infrastructure, the distribution of benefits created by infrastructure, and the long-term sustainability of our land development patterns, this guidance could not be timelier. Value capture can be an important tool in the transportation toolbox because (a) it is an often-overlooked source of potential revenue and, (b) if pursued wisely can yield better outcomes overall by shaping development patterns to take advantage of a well-performing transportation system (or in some cases, creatively reusing currently underutilized space adjacent to transportation infrastructure). For this project, EDR Group, working as part of a team led by Texas A&M Transportation Institute (TTI), documented the implementation of a variety of...
Continue reading
  283 Hits
283 Hits

Latest Blogposts

Twitter Feed

States Employ New Transportation Methods to Boost Efficiency, Reduce Costs | Best States | US News https://t.co/aIST5pUW8K
Is a US transit funding crisis looming?... "To help strengthen its case to win extra federal funding, APTA commissi… https://t.co/va9yL93QaS
Transnational exchange about developments in automated driving. https://t.co/tUDJcMKG35 @schroeck_k https://t.co/1VtOfk2a2S