Webinar: The Association Between Light Rail Transit, Streetcars and Bus Rapid Transit on Jobs, People and Rents
Tuesday, February 7, 2017, midnight
Wednesday, February 7, 2018, midnight CST
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What are the job, residential development and market rent outcomes of Light Rail Transit (LRT), Streetcar Transit (SCT) and Bus Rapid Transit (BRT)?
LRT, SCR and BRT investments are spreading rapidly across the country but there is scant evidence of their effect on where people work and live, and effects on market rents as an indicator of value. This webinar will summarize several years of NITC-sponsored research into development outcomes associated with these transit investments.
The webinar will be led by NITC researcher Arthur C. Nelson who was the principal investigator of two projects: Do TODs Make a Difference? and National Study of Bus Rapid Transit Development Outcomes. Using a common database and analytic methods applied to 11 LRT systems, 8 BRT systems, and 3 SCT systems, Nelson will summarize key findings relating to:
- The extent to which these transit systems shifted job and population patterns,
- How these systems are shaping the real estate rental market for office, retail and apartment developments,
- Their influence on job attractiveness by wage categories, and,
- The spatial interactions between transit and land use patterns.
This webinar will also raise questions for future research.
Dr. Arthur C. (Christian “Chris”) Nelson, FAICP, is Professor of Planning and Real Estate Development in the College of Architecture, Planning, and Landscape Architecture and Professor of Geography and Development in the College of Social and Behavioral Sciences at the University of Arizona. He is also Presidential Professor Emeritus of City & Metropolitan Planning in the College of Architecture + Planning, Professor Emeritus of Finance in the Daved Eccles School of Business, Executive Director Emeritus of the Metropolitan Research Center, and Director of Emeritus of the Master of Real Estate Development Program at the University of Utah. For the past forty years, Dr. Nelson has conducted pioneering research in public facility finance, economic development, transportation and land use planning, and metropolitan development patterns. He has written nearly 30 books and more than 300 other works, and has made more than 300 scholarly and professional presentations. His current research focuses on how changing demographics and preferences will reshape metropolitan America.