Land Value Uplift and TOD in Toronto

Rapid transit projects that increase accessibility should result in a localised land value uplift (LVU) benefit for locations near stations. A rich history of research has tested this hypothesis, generally operationalising transit accessibility by proxy through distance from a transit station. However, a growing body of research has also demonstrated LVU effects from transit-oriented development (TOD) as individuals sort themselves into locations that best match their preferences and willingness to pay.

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The $1.3B Health Impacts of Weekday Traffic

Little work has accounted for congestion, using data that reflects driving patterns, traffic volume, and speed, to examine the association between traffic emissions and human health. In this study, we performed a health risk assessment of PM2.5 emissions during congestion periods in the Greater Toronto and Hamilton Area (GTHA), Canada.

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40 Years of Rapid Transit’s Land Value Uplift

Identifying and measuring the land value uplift (LVU) impacts of rapid transit are important for a number of reasons. However, despite the general notion that rapid transit does confer positive LVU benefits, our comprehensive and critical review of more than 130 analyses across 60 studies completed in North America over the past 40 years finds significant heterogeneity in research outcomes, leaving many significant questions unanswered. Beyond high-level differences in study inputs, we argue that a fundamental source of variability is a lack of empirical specificity from the use of proximity as the dominant way in which LVU benefits are captured.

 

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Latent Class Model of TOD in Toronto

Transit oriented development (TOD), which is generally understood as the provision of higher-density, mixed- use, amenity-rich, and walkable development around rapid transit stations, has been championed as one of the most effective solutions for maximizing the potential return on investment for existing and future rapid tran- sit infrastructure projects. But it is clear that not all implementations of TOD are the same in every station catch- ment area across a transit network. This heterogeneity in station area contexts presents significant complexity for planners and policymakers interested in understanding existing TOD conditions, an area’s TOD potential, and the relevant policy and planning interventions required to achieve planning goals. It also creates complications for researchers interested in associating station contexts with various TOD outcomes.

 

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