Planners have completed a two-year study of the area around the 30th Street Station in the University City neighborhood in Philadelphia.

Jacob Adelman reports: "Amtrak and its partners in the proposed redevelopment of a massive swath around 30th Street Station in University City say the decades-long plan - including partially capping the adjacent rail yard - will involve $6.5 billion in infrastructure funding and private investment."
The financial assessment included in a planning document released this week for the 175-acre site extending northeast from 30th Street Station. Amtrak, Drexel University, Brandywine Realty Trust, SEPTA, and PennDot completed the 30th Street Station District Plan over two years at a cost of $5.25 million.
The 35-year plan lays out a vision for a dense urban neighborhood, with "18 million square feet of new development, the equivalent of nearly 15 new Comcast Towers, including enough housing to accommodate up to 10,000 residents. The commercial space includes about 1.2 million square feet planners hope will be occupied by a single corporate, commercial, or institutional tenant that will anchor the development…"
FULL STORY: $6.5B price tag for 35-year University City overhaul

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.

Using Old Oil and Gas Wells for Green Energy Storage
Penn State researchers have found that repurposing abandoned oil and gas wells for geothermal-assisted compressed-air energy storage can boost efficiency, reduce environmental risks, and support clean energy and job transitions.

Santa Barbara Could Build Housing on County Land
County supervisors moved forward a proposal to build workforce housing on two county-owned parcels.

San Mateo Formally Opposes Freeway Project
The city council will send a letter to Caltrans urging the agency to reconsider a plan to expand the 101 through the city of San Mateo.

A Bronx Community Fights to Have its Voice Heard
After organizing and giving input for decades, the community around the Kingsbridge Armory might actually see it redeveloped — and they want to continue to have a say in how it goes.
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