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Accession Number PB2013-100601
Title Families and Transil-Oriented Development: Creating Complete Communities for All 6 or 7.
Publication Date Mar 2012
Media Count 28p
Personal Author N/A
Abstract IN 2000, roughly six million American households lived within a half-mile of an existing fixed-guideway transit stop. CTOD estimates that by 2030, nearly a quarter of those seeking housing, or over 15 million households, will want to live near fixed-guideway transit. This estimate does not account for changing consumer preferences due to increasing transportation costs or desires for a more convenient lifestyle, and the changing perceptions of urban living that have led more empty nester households and households with children to remain in cities. Even this conservative estimate predicts a demographic engine that will provide a built-in market for TOD that can be captured through new development close to transit. The types of households who have tended to seek out TOD--singles, couples without children, the elderly and low income minority households--are also the types of households projected to grow the most over the next 25 years. However, the market for TOD is not exclusive to just these demographic groups. There will be demand from both families with and without children. In fact, although CTOD demand estimates only show about one in five households with children seeking to live near transit, this still represents over three million households nationally, and there is a large potential for growth in the demand from this market if we are successful in building complete communities in regions across the United States.
Keywords Center for Transit-oriented Development(CTOD)
Community development
Demography
Families
Guideway systems
Households
Life styles
Market
Public transportation
Rapid transit systems
Transit industry
Travel demand

 
Source Agency Federal Transit Administration
NTIS Subject Category 91B - Transportation & Traffic Planning
43B - Economic & Community Development
43G - Transportation
85 - Transportation
92C - Social Concerns
Corporate Author Reconnecting America and the Center Transit-Oriented Development, Oakland, CA.
Document Type Technical report
Title Note N/A
NTIS Issue Number 1305
Contract Number N/A

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