United States Department of Transportation
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A statistical analysis of the relationship between land values and freestanding bus facilities.
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2010-02-01
[PDF-218.27 KB]
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Edition:Final report.
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Abstract: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.
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