While home values in the rest of the region decline, homes near Denver's light rail system have experienced an increase in values over the past two years.
"Homes near light-rail stations along the southeast line, which opened in November 2006, have increased by an average of nearly 4 percent over the past two years, according to an analysis by Your Castle Real Estate. But the rest of the Denver market declined an average of 7.5 percent."
"The closer a home is to the station, the more its value increases, according to the Your Castle analysis. Homes less than a half-mile from a station increased an average of 17.6 percent, while those 1 1/2 to 2 miles away increased just 0.1 percent on average. The data varied widely among stations, however."
"Under its FasTracks program, the Regional Transportation District plans to create six new commuter-rail and light-rail corridors and extend three existing corridors by 2017, potentially creating other pockets where values are driven by proximity to rail."
"In other markets with rail lines, single-family home values have increased anywhere from 2 percent in San Diego to 32 percent in St. Louis, according to data gathered by the Regional Transit District."
FULL STORY: Light-rail can turn into money train
A Planning Controversy of the Transit Oriented Variety in Suburban Denver
A controversy has erupted over a proposed vision for transit oriented mixed in a Denver suburb.
Denver to Replace Public Housing Project with Mixed Use TOD
The Denver Housing Authority is planning on demolishing one of the city's oldest low-income public housing projects to make way for a new mixed-use, transit-oriented housing development.
Denver-Area Rail Service Disruptions Expected During Maintenance Work
RTD is beginning maintenance on retaining walls along its southeastern light rail lines that is expected to last roughly six months.
Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25,% resulting in 1,900 jobs lost.
North Texas Transit Leaders Tout Benefits of TOD for Growing Region
At a summit focused on transit-oriented development, policymakers discussed how North Texas’ expanded light rail system can serve as a tool for economic growth.
Why Should We Subsidize Public Transportation?
Many public transit agencies face financial stress due to rising costs, declining fare revenue, and declining subsidies. Transit advocates must provide a strong business case for increasing public transit funding.
How to Make US Trains Faster
Changes to boarding platforms and a switch to electric trains could improve U.S. passenger rail service without the added cost of high-speed rail.
Columbia’s Revitalized ‘Loop’ Is a Hub for Local Entrepreneurs
A focus on small businesses is helping a commercial corridor in Columbia, Missouri thrive.
Invasive Insect Threatens Minnesota’s Ash Forests
The Emerald Ash Borer is a rapidly spreading invasive pest threatening Minnesota’s ash trees, and homeowners are encouraged to plant diverse replacement species, avoid moving ash firewood, and monitor for signs of infestation.
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This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
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Borough of Carlisle
Institute for Housing and Urban Development Studies (IHS)
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Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
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NYU Wagner Graduate School of Public Service