With a pressing need for sustainable metropolitan and suburban growth, a trend toward transit-oriented development, or TOD, has become increasingly popular among planners and developers. Particularly in the United States, where most people are reliant on automobiles, TOD can help create more sustainable communities.
What is Transit-Oriented Development?
Transit-oriented development is a mixed-use development that includes commercial, residential, office, and entertainment properties. The development is also located near a transit station for easy access to transportation.
When successfully designed, TODs bring together people, activities, living space, and public space. Walking paths, cycling lanes, and easy access to transit services eliminates the need for daily vehicles and increases nearby resources for residents.
Benefits of Transit-Oriented Development
TOD can positively impact lifestyle, the environment, and economic factors. Here are some of the benefits of transit-oriented development, according to the Transit-Oriented Development Institute:
- Reduce dependence on driving
- Allow residents to live, work, and play in the same area
- Reduce the area’s negative impact on the environment
- Provide access to better life services
- Stimulate the local economy
- Provide better access between urban and suburban areas
- Provide access to better entertainment and recreational services
- Provide access to better jobs
- Revitalize urban areas
Is Transit-Oriented Development only for large cities?
Trends toward TOD extend beyond the urban center. In cities, TOD can provide more affordable housing and connect people to resources in the area. In Springfield, Massachusetts, the Overland Lofts is a part of the revitalization efforts of the city, providing market-rate housing and commercial space downtown.
Development in suburban towns can play an integral role in building a more vibrant, safe, and sustainable community. The Residences at 66 High Street are located in the heart of Downtown Guilford and are only a half-mile from the Shoreline East Train Station. Residents love being a part of a larger community, the ability to walk to shops and restaurants, and easy access to the train station.
What lifestyle factors are essential for your next move? Let us know in the comments!