•Promoting higher densities and the concentration of jobs within relatively small areas, TOD creates agglomeration effects proven to boost a city’s competitiveness.
•This concentration creates vibrant communities with high-quality public areas and shorter commuting distances—making cities more livable.
•Compact urban development and high-quality public transit also mutually reinforce each other: mass transit can support the large passenger flows that come with high density development, while the concentration of jobs and housing around stations helps make public transport financially viable.
•Proximity to mass transit improves access to TOD neighborhoods, boosting their attractiveness and increasing real estate value.
•Cities can capture a part of these increases in value and use it to finance additional transit improvements, affordable housing, and other initiatives that promote sustainable inclusive growth.
•TOD approach enhances access to job opportunities and services for residents at all income levels.
•TOD typically translates into higher productivity and a smaller carbon footprint
•TOD approach can enhance resilience to disaster risks by supporting high-density housing and activities in lower-risk zones.
Land use and Transport Planning Study notes for M. plan Sem-II
Land use and Transport Planning.pdf
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