TOD Dollars and Sense for Today’s Market

While there are federal infrastructure dollars for building transit, developing around transit faces headwinds in today’s economic climate. Let’s dig into the factors making it difficult to realize the potential for economic development around transit, especially in the neighborhoods that most need it. To make development happen at all usually takes both public and private participation. To figure out whether it’s realistic to expect new development requires taking an updated look at the economics and understanding the size of the “financial gap” between costs and revenues of projects. The availability and cost of land around transit also is critical to the financial feasibility of projects. Together, we’ll explore specific cases where public agencies leveraged tools such as partnerships, land banking and innovative design and project management to reduce costs, find land and help bridge financial gaps.

Moderator: Ryan Wheaton, Executive Director of Planning and Community Development, Pierce Transit, Puyallup, WA
Charles Warren, PhD, Vice President, TOD Financial Analysis and Value Capture, WSP USA, Washington, DC
Ian Washbrook, Principal, Entuitive, Calgary, Alberta
Patrick McLaughlin, Senior Development Project Manager, Oregon Metro, Portland, OR
Veronica P. McBeth, Deputy Assistant Secretary of Transportation Policy, Office of the Secretary, US Department of Transportation, Washington DC