Property Value Impacts of Rail Projects

APA Florida Chapter, First Coast Section

#9116976

Monday, December 12, 2016
10:15 a.m. - 11:30 a.m. CST

CM | 1.25

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Overview

Making the case for increased investment in rail transit goes beyond the obvious benefits of enhanced community mobility, reductions in traffic congestion, and positive environmental impacts. Many studies have shown that public rail infrastructure investments lead to faster economic growth and greater private sector investment. This session will feature a case study of Central Florida’s SunRail that quantifies the property value changes and development-related tax revenues associated with this investment since service was first introduced in 2014. Adding to the local research, national examples of the real municipal return on transit investments and analyses of the assessed value of Transit Oriented Developments will also be presented using a new analytical and graphical tool developed by Urban 3.

Speakers

Timothy Chapin

Tim Chapin is a Professor in the Department of Urban and Regional Planning and Interim Dean in the College of Social Sciences and Public Policy at Florida State University. He also serves as the Senior Associate Editor and Review Editor for the Journal of the American Planning Association. Chapin's ... Read More

Cate Ryba

Cate Ryba is the New Projects Director for Urban3. Cate’s work focuses on developing relationships with our clients, project management and policy facilitation after our analysis for a community is complete. Cate has the unique experience of being both a former municipal staff person and a former local elected ... Read More

Contact Info

Heather Sobush, hsobush@psta.net