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The Economic Development Impacts Of Light Rail Transit A Case Study Of The Baltimore Central Light Rail
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Book Synopsis The Economic Development Impacts of Light Rail Transit: a Case Study of the Baltimore Central Light Rail by : Kyle Andrew Barry
Download or read book The Economic Development Impacts of Light Rail Transit: a Case Study of the Baltimore Central Light Rail written by Kyle Andrew Barry and published by . This book was released on 2012 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study uses a multivariate hedonic regression model to estimate the economic development impacts of the Baltimore Central Light Rail. Given that the state of Maryland and the City of Baltimore are planning to construct a new light rail line in the coming years (known as the Baltimore Red Line), it is be important to confirm the predicted benefits of light rail on a pre-existing system. This analysis uses data from the 2005-2009 5-Year American Community Survey to test the impact of light rail station proximity on census tract level property values. Past studies have shown that proximity to a light rail station may have either positive or negative effects on property values. This is due to either, respectively, what is known as the "accessibility effect", or the increased ease of moving around the city due to increased access to public transportation, or the "nuisance effect", or the annoyance of living so close to the light rail station, due increased noise and the potential for increased crime in a given area. Presumably, these effects will be capitalized into the demand for local property values. The hedonic regression models showed a significant effect of light rail station proximity on property values only when locational variables were taken into account. When a more comprehensive model was incorporated or other variables were added to the locational model, the significant effect of station proximity disappeared. From this analysis, it can be inferred that the city of Baltimore must be quite careful in calculating full costs and benefits of the coming Red Line, and should promote the line as only one piece of a broader economic development program for the city, not as the central component.
Book Synopsis The Impact of Rail Transit on Economic Development and Land Use by :
Download or read book The Impact of Rail Transit on Economic Development and Land Use written by and published by . This book was released on 1991 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studies rail systems in San Francisco, Atlanta, Washington, D.C., Buffalo, Portland, Baltimore, Miami, Sacramento, San Diego, San Jose and Vancouver, B.C.
Book Synopsis A Comparative Case Study of Light Rail Transit (LRT) in Baltimore, Maryland and Portland, Oregon by : Jason Ramsey
Download or read book A Comparative Case Study of Light Rail Transit (LRT) in Baltimore, Maryland and Portland, Oregon written by Jason Ramsey and published by . This book was released on 2002 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comparative case study examines the Central Light Rail Line (CLRL) in Baltimore, Maryland and the Eastside Metropolitan Area Express (MAX) in Portland, Oregon. The purpose of this research was to investigate how two different light rail systems developed, what policies, programs, and organizations helped shape them, and to draw conclusions as to what enabled one light rail transit line to perform better than another. For each of the systems, the alignment and historical development were chronicled to establish the context in which each was constructed and operates. Policies, programs, and organizations that have affected the light rail systems in Portland and Baltimore were examined as well. Comparisons were made on the ridership of the lines, their effect on the value of land adjacent to the stations, and the type of policies and programs which have facilitated transit oriented development. The results of this investigation have shown that Portland's Eastside MAX performs much better when compared to Baltimore due to Portland's regional growth plan, the existence of a regional governing entity, and integrated transportation and land use policies.
Book Synopsis The Land Use and Urban Development Impacts of Beltways by :
Download or read book The Land Use and Urban Development Impacts of Beltways written by and published by . This book was released on 1980 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Baltimore Central Light Rail Transit Baltimore, Maryland: Environmental Effects Report by : Maryland. Mass Transit Administration
Download or read book Baltimore Central Light Rail Transit Baltimore, Maryland: Environmental Effects Report written by Maryland. Mass Transit Administration and published by . This book was released on 1988 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Hunt Valley Extension of the Central Light Rail Line, Baltimore County by :
Download or read book Hunt Valley Extension of the Central Light Rail Line, Baltimore County written by and published by . This book was released on 1993 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Land Use and Urban Development Impacts of Beltways by :
Download or read book The Land Use and Urban Development Impacts of Beltways written by and published by . This book was released on 1980 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Glen Burnie Light Rail Extension, Between Cromwell Station Stop to the Glen Burnie Town Center, Central Light Rail Line (CLRL), Anne Arundel County, Baltimore County by :
Download or read book Glen Burnie Light Rail Extension, Between Cromwell Station Stop to the Glen Burnie Town Center, Central Light Rail Line (CLRL), Anne Arundel County, Baltimore County written by and published by . This book was released on 1996 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Light Rail Transit Systems by : Rob van der Bijl
Download or read book Light Rail Transit Systems written by Rob van der Bijl and published by Elsevier. This book was released on 2018-06-29 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Light Rail Transit Systems: 61 Lessons in Sustainable Urban Development shows how to design and operate light rail to maximize its social benefits. Readers will learn how to understand the value of light rail and tactics on its effective integration into communities. It uses strong supporting evidence and theory drawn from the author's team and their extensive experience in developing new light rail systems. The book uses numerous case studies to demonstrate how key concepts can bridge the geographic limitations inherent in many transit-related discussions. In addition, users will learn how to develop important relationships with local decision-makers and communities. - Presents applied research by experienced practitioners and academic researchers - Draws on more than 50 cases from Europe, the Middle East, the UK and US - Incorporates five themes on why it's important to invest in light rail, including effective mobility, and for an efficient city, economy, environment and equity - Includes a checklist for planning public transport projects
Book Synopsis Private Sector Participation in Light Rail-Light Metro Transit Initiatives by : Cledan Mandri-Perrott
Download or read book Private Sector Participation in Light Rail-Light Metro Transit Initiatives written by Cledan Mandri-Perrott and published by World Bank Publications. This book was released on 2010-01-21 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to help governments and public authorities to establish effective light rail-light metro transit (LRMT) systems, and focuses on use of Public Private Participation (PPP) arrangements. Rather than identify a single approach, we present options and discuss practical issues related to preparing and implementing new LRMT PPP schemes. The approach is focused on providing information that can be used to make informed decisions, adapted to local policy and objectives. The material presented is intended as a practical guide to developing LRMT PPPs in both developed and developing countries. This work endeavors to provide answers to readers questions regarding how to successfully incorporate private sector participation in LRMT with a lesser emphasis on why LRMT and the private sector may be beneficial. The primary focus of this text is guiding the reader from design through to project implementation. It starts from the premise that underlying transport policy decisions will have already been made and that LRMT has already been identified as the appropriate transport solution. We have included some limited discussion of policy and technical issues where these directly impact the LRMT PPP approach. The approach is presented in nine sections, and in preparing it the author drew on current international LRMT PPP experience, through a series of interviews and case studies. The sections covered are: 1. Urban Transport and Light Rail/Light Metro Transit (LRMT) 2. Selected Technical Aspects 3. Incorporating Private Sector Participation in LRMT Initiatives 4. Understanding and Allocating Risk 5. Specifications, Oversight and Performance Management 6. Funding and finance 7. Developing a PPP Agreement 8. Procurement 9. Conclusions and Recommendations
Book Synopsis The Impact of Light Rail Transit on Residential Value by : Yumi Chae
Download or read book The Impact of Light Rail Transit on Residential Value written by Yumi Chae and published by . This book was released on 2012 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Light Rail Transit (LRT) has been getting more attention in U.S. cities due to its socio-economic benefits, such as reducing pollution and congestion, as well as promoting regional economic development. However, huge capital costs remain an obstacle to the construction of a new light rail system. For this reason, cities in the planning phases of LRT want to use value capture tools to finance transit construction and operation. In theory, any improvement in a transportation structure that increases accessibility and reduces transportation cost can be capitalized into property values in an area. In turn, governments levy taxes on a portion of the additional value of adjacent properties. This study, however, aims to empirically examine whether value capture is possible in the recession when property and land values continue to decrease. The study uses the case of the DART Green Line, which started to run in 2009 just after a financial crisis in the U.S. The 5745 residential parcels are analyzed with using a hedonic price model in order to detect the Green Line's influence on residential values before and after the recession. To enhance the proficiency of the regression, this study includes several structure and neighborhood characteristics. The statistical results found the Green Line's benefits on residential values both in the pre-Green Line period (before the recession) and the post-Green Line period (during the recession). It is noteworthy there are still positive influences of transit accessibility on residential values even in the unstable housing market, although the magnitude of the variable has diminished compared to the pre-Green Line period.
Book Synopsis Baltimore Washington International Airport extension, Baltimore central light rail line by : U. S. Deaprtment of Transportation
Download or read book Baltimore Washington International Airport extension, Baltimore central light rail line written by U. S. Deaprtment of Transportation and published by . This book was released on 1993 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Urban Mass Transportation Abstracts by :
Download or read book Urban Mass Transportation Abstracts written by and published by . This book was released on 1982 with total page 940 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Rail Transit Works by : Elizabeth Ridlington
Download or read book Rail Transit Works written by Elizabeth Ridlington and published by . This book was released on 2003 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Impact of Light Rail Transportation Announcement and Construction by : Stephen Henry Plevak
Download or read book The Impact of Light Rail Transportation Announcement and Construction written by Stephen Henry Plevak and published by . This book was released on 2010 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: As American cities continue to expand and their existing transportation infrastructure becomes strained from increased demand, many cities have turned to light rail transit to not only alleviate congestion but also to provide an economic development stimulus to the areas around the stations. This report focuses on determining the economic impact on areas surrounding announced light rail stations in Austin, Texas while also attempting to quantify changes in land use and demographics experienced in a city who has an established light rail line; Dallas, Texas. In addition to examining any changes associated with the announcement and construction of a light rail project this report will qualitatively examine the role of these project in stimulating gentrification in station areas and what effect gentrification will have in preventing low-income households from accessing the improved transit system. The report will also propose actions that could ensure that these households continue to have access to public transportation, which would mitigate the strain of increasing transportation costs.
Book Synopsis Central Link Light Rail Transit Project, Seattle, Tukwila and Seatac by :
Download or read book Central Link Light Rail Transit Project, Seattle, Tukwila and Seatac written by and published by . This book was released on 1999 with total page 1010 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Light Rail Transit Feasibility Study by :
Download or read book Light Rail Transit Feasibility Study written by and published by . This book was released on 1981 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
