Transit-Oriented Development (TOD) is the conscious effort to build mixed-use and mixed-income developments within a quarter-mile radius of mass transit stations. TOD is becoming a critical tool for urban revitalization as cities across the country build or expand light rail and rapid bus systems to improve mass transit. Transit stations that are being built in distressed urban neighborhoods are proving to be important community anchors—much like schools, parks or retail—when cities use the opportunity to leverage transit-oriented development in the area.

Our TOD strategy re-creates the traditional design of a town center, with a variety of housing and transportation options, combined with neighborhood-scale retail and services. This mix of uses appeals to a diverse customer base and provides essential services and retail opportunities for residents living in the TOD, transit riders and the surrounding community.

In addition to the benefits of mixed-income housing described above, TOD developments address several other goals:

• Links working families to economic corridors and jobs

• Reduces the cost of commuting for working families

• Attracts credit retail tenants

• Increases the return on the massive public investments made in transit systems