A statistical analysis of the relationship between land values and freestanding bus facilities.

Details

• Creators:
  Lewis, Carol ; Goodwin, Gwen
• Corporate Creators:
  Texas Southern University. Center for Transportation Training and Research
• Subject/TRT Terms:
  • Transit centers
  • Property values
  • Land values
  • Bus terminals--Texas--Houston
  • Real property--Valuation--Texas--Houston
• Publication/ Report Number:
  SWUTC/10/167372-1
• Resource Type:
  Tech Report
• Geographical Coverage:
  Texas
• Edition:
  Final report.
• Corporate Publisher:
  Southwest Region University Transportation Center (U.S.)
• Description:
  Public transit professionals continue to seek methods that offer greater service opportunities, while
  
  not materially increasing the costs of service provision. One strategy is to construct bus transit
  
  centers which operate much like the airline hub and spoke concept. More frequent destinations
  
  can be made available with shorter patron wait times and minimal to no increase in the number of
  
  bus hours. Patrons tend to appreciate the convenience of a transfer occurring in a lighted facility,
  
  in addition to the increased level of bus service. In many cases, there is an anticipation of higher
  
  density residential near these areas. A number of the bus based centers may be close to single
  
  family neighborhoods. Residents might express concerns about the value of their property given
  
  the presence of a bus transit center near their home. Besides the bus transit centers that serve
  
  traditional local or express routes, a number of cities are planning bus rapid transit lines with
  
  stations that might lead nearby communities to ask similar questions about property values. This
  
  study assesses the effect of bus transit centers in Houston, Texas, on nearby single family
  
  residential property values.
• Format:
  PDF
• Funding:
  10727
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/17807/dot_17807_DS1.pdf
• File Type:
  [PDF - 218.27 KB]
• Collection(s):
  University Transportation Centers ; US Transportation Collection
• Main Document Checksum:
  urn:sha256:068dfbfea75715e6ee7564e428ca6a85a12e70989246cfc3c13c67f6d67f4be5