In Austin, TX, a planned transit-oriented development went bust. The new developer is taking the density down from 1,200 homes to "plus or minus 700."
The American-Statesman spoke with Eldon Rude, the Austin director of Metrostudy, a provider of housing market information, about the development.
"Rude said that although builders are reporting that activity and sales have picked up in the past three months, "the core of demand for housing in our market is still job growth, and we're having minimal job growth at this point."
"Until we get back to stronger job growth numbers, we won't begin to experience significant increases in housing demand," Rude said."
FULL STORY: Developer plans new community south of Avery Ranch
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City officials are deciding how to change parking requirements for transit-oriented developments that are meant to discourage private car ownership.
California Bill Aims to Boost TOD
A bill proposed by Sen. Scott Wiener would exempt transit agencies from zoning rules near ‘high-quality’ transit stops and allow denser transit-oriented development.
SXSW Panel Addresses Housing Affordability for Artists
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Americans May Be Stuck — But Why?
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Using Old Oil and Gas Wells for Green Energy Storage
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Placekeeping: Setting a New Precedent for City Planners
How a preservation-based approach to redevelopment and urban design can prevent displacement and honor legacy communities.
San Francisco’s Muni Ridership Grew in 2024
The system saw its highest ridership since before the Covid-19 pandemic, but faces a severe budget shortage in the coming year.
Colorado Lawmakers Move to Protect BRT Funding
In the face of potential federal funding cuts, CDOT leaders reasserted their commitment to planned bus rapid transit projects.
Safe Streets Funding in Jeopardy
The Trump administration is specifically targeting bike infrastructure and other road safety projects in its funding cuts.
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