Would You Buy a Bus for This Developer?

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Would You Buy a Bus for This Developer?

• Robert T. Dunphy
• Transportation Consultant
• Opportunities for Priority Bus Transit in the
  Washington Region
• Washington, D.C.
• June 24, 200

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Real Estate and Transit
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The Transit Conundrum

• A STUDY BY THE AMERICAN PUBLIC TRANSPORTATION
  ASSOCIATION REVEALS THAT 98 PERCENT OF AMERICANS
  SUPPORT THE USE OF MASS TRANSIT BY OTHERS. THE
  ONION

"Take The Bus... I'll Be Glad You Did."
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Buses get no respect..
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Not Your Fathers Bus
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Think Development when Thinking Transit (TOD DOT)

• More than the transit
• Cheap Routes, cheap development
• Developer will build

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The Development Conundrum
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Bus Based TODs
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TOD without Transit

• Higher value (Compact)
• Mix of uses
• Pedestrian orientation
• Connections
• Civic uses
• Transit use
• Revitalization

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Transit Oriented Development Needs
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Development Oriented Transit
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Working with WMATA

• Hire developer the way the market does
• Offer no site before its time
• Get involved in local development
• Allow the developer to walk

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FASTEST GROWING TRANSIT SYSTEMS 2000-2002
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Development Does Not Happen Just Because of the
Transit

• It Takes
• Planning
• Regulations
• Incentives (possibly)

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Thanks!Robert T. Dunphy
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Suburban Destinations a different story