Article ID Journal Published Year Pages File Type
7498217 Transport Policy 2013 9 Pages PDF
Abstract
This paper examines joint development projects' ability to generate revenue for transit agencies. Using interviews, and primary and secondary text, the paper studies five joint development projects nation-wide and finds that revenue yield and stability from joint development projects vary widely. The paper argues that joint development projects benefit from supportive land use and zoning, and clear policy objectives and political direction. Finally, inflation-adjusted minimum guaranteed revenues and gross revenue sharing help enhance revenue yield and stability.
Related Topics
Social Sciences and Humanities Social Sciences Geography, Planning and Development
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