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
  900 Hits
900 Hits

Latest Blogposts

Twitter Feed

RT @EDRGroup: Investing in Climate Resilient Cities (Resiliency Series-Part 1) https://t.co/D5wuCaiKSO https://t.co/8mYQa09dax
RT @city_viewer: Discussing how #transportation governance can adapt to disruptive technology and trends in TRB Strategic Mgt Committee #TR
Today 2:30-4pm, come to Poster Session #1774 to see EDR Group's Kyle Schroeckenthaler presenting his poster on "E… https://t.co/TP5DdwY6uq
twitter 2 linkedin 2
 

Telephone: 1-617-338-6775 - This email address is being protected from spambots. You need JavaScript enabled to view it.

© 1997-2019 Economic Development Research Group, Inc; 155 Federal St. 6th Floor, Boston, MA 02110 USA