Public-Private Partnerships to Create Infill Stations
Monday, March 20, 2017
noon - 1 p.m. EDT
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Public investment in rail transit has grown steadily in the U.S. in recent decades. However, current research has confirmed that instituting public-private partnerships to develop infill stations is a comparatively recent trend. When many of the rail systems were initially constructed, the lines that traversed industrial zones skipped industrial areas and sited stations to serve the residential and commercial centers in the surrounding metropolitan area. Over time, as urban economies have evolved to support less industrial activity in and near the urban core, these former industrial areas offer prime redevelopment opportunities. Creating infill stations thus becomes a cost effective way to serve a new market (a private sector incentive) without extending the larger system footprint (a public sector incentive). Infill stations have proven to be successful opportunities to partner with the private sector as the private sector’s interest (getting transit access to the site of the development) and the public sector’s interest (increasing ridership and utilization of the system investment) are aligned.
Understanding infill stations not only as a new rail station built around an existing track between two standing stations, but also as a transformational investment in a long-established transit hubs with growth potential, the study compares five cases of successful public-private partnership TOD around infill stations across a standard set of metrics and descriptive information. The selected case studies include NoMa-Gallaudet U Station, Assembly Station, West Dublin-Pleasanton Station, 30th Street Station and Denver Union Station. The study identifies trends and success factors. Among the most important trends, the study highlights the complex funding structures, the local contexts, the mix of development types, the population and employment densities, and the before and after changes in system ridership.
Mayuresh Khare, email@example.com