The Urban Land Institute’s TOD Council members talk about the prospects and the obstacles for TOD: What used to be a niche market is now the market . . . . For at least the next generation the bulk of real estate development will be higher-density, walkable urban places, and much of it will be served by rail transit . . . . A disproportionate amount of future development will be transit-oriented, fueled by investor interest in TOD, which is at an all-time high . . . Lenders see proximity to transit as good . . . TODs are socially, environmentally and economically responsible . . . . We’re seeing remarkable investments in TOD despite the recession . . .
And more on ULI.org