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167620-1 Report Abstract

A Longitudinal Assessment of the Relationship Between Land Use, Land Values, and Bus Facilities

Gwen Goodwin and Carol A. Lewis, Texas Southern University, March 2007, 43 pp. (167620-1)

This study is designed to measure the potential impacts that transportation facilities have on adjacent properties compared to non-adjacent properties within a quarter mile. Previously done in 1997, this study is updated with information from 2000 and 2004. Census data were obtained to measure demographic changes from 1980 to 1990 and county appraiser’s office data and were used to examine the relationship between socioeconomic variables and the transit facility.

Previously, the 1997 study looked at four transit centers and one park and ride facility in Houston’s Metropolitan Transit Authority (METRO). The current study adds three transit centers from the Central Ohio Transportation Authority (COTA).  Because the transit centers were products of transit oriented development, facilities in Columbus differ in appearance and purpose from Houston’s facilities.  Findings in this study indicate that transit facilities can affect land value.

Keywords: Transit, Transit Oriented Development, Land Values, Bus Rapid Transit, Transit Centers and Redevelopment

ENTIRE REPORT (Adobe Acrobat File – 3 MB)