A Longitudinal Assessment of the Relationship Between Land Use, Land Values, and Bus Facilities
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2007-03-01
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TRIS Online Accession Number:01052324
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Edition:Final Report
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Abstract: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 with county appraiser’s office data 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.
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