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TOD Economic Analysis and Market Study

In 2006, the City and County of Denver, Regional Transportation District, Metro Denver Economic Development Corporation, and Denver Regional Council of Governments hired a consultant team to develop a market study to assess the regional and station-specific potential for transit-oriented development (TOD) as part of FasTracks.

The team, selected through a competitive process, was led by Basile Baumann Prost Cole & Associates (BBPC) of Annapolis, Maryland in association with ArLand Land Use Economics of Denver, Colorado. Work on the study began in 2007, and was completed in 2008. The goals of the market study were to:

Understand regional and station-specific TOD potential
Evaluate transit potential to induce demand
Gauge short and long-term TOD demand
Align station area plans with market realities
Address phasing issues and implementation strategies
Optimize future development opportunities

Six transit corridors and ten station areas were selected for in-depth analysis to help the City gauge the short and long-term demand for TOD and to better align station area planning with market realities and dynamics. These corridors and associated stations represent a mix of existing and proposed transit facilities:

Central Corridor/CPV Spur - 10th & Osage, Alameda, and Auraria West stations
Southeast Corridor - Colorado and Southmoor stations
East Corridor - 38th & Blake station (previously known as 40^th & 40^th)
West Corridor - Decatur and Sheridan stations
Southwest Corridor - Evans station
Gold Corridor- 38th & Inca station (now proposed for 41^st & Fox)

The market study is comprised of three main documents that contain summary-level information and analysis. More detailed information and base data can be found in the appendices. Click on the links below to download the documents.

Regional Demand Analysis and TOD Market Analysis – An assessment of short and long-term demand for new residential, office, and retail space at the regional, system-wide, transit corridor, and station area levels.
- Appendix A: Transit Induced Growth Survey Results- Summarizes the results of a survey that was sent out to approximately 50 experts in TOD/Site Selection, Economic Development, Transit, and Land Use Planning from regions with established rail systems.
- Appendix B: Regional, Corridor & Station Area Growth Analysis and System-Wide Demand Forecasting Tool-Detailed data and methodology for estimating existing and future conditions for households, employment, and office/retail square footage at the regional and corridor levels.
- For information related to Appendix C: Employment Forecasting Tool, visit the FasTracks Quality of Life Study page on RTD’s FasTracks website.
TOD Opportunities and Constraints – A market-based assessment of ten selected station areas within the City and County of Denver that identifies market opportunities for new residential, office, and retail space around each station.
- Appendix A: Detailed Station Area Profiles- Multi-page profiles for each of the ten station areas.
TOD Station Area Strategies, Implementation/Phasing Toolbox and Matrix – A delineation of preliminary actions to facilitate transit-supportive development at the system-wide and station area levels that includes an outline of potential roles and responsibilities of key players in TOD, potential infrastructure improvements to facilitate TOD and phasing/implementation strategies to facilitate TOD in the near and long-term.

If you need additional information on the TOD Economic Analysis and Market Study, send an e-mail to TOD.Planning@denvergov.org.

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A Message from the Office of Economic Development

As FasTracks is built out, Denver is poised to become a national model for transit oriented development. By mixing uses like residential, employment, shopping, recreation and civic space within walking distance of transit (and each other) with relative intensity, TOD provides a neighborhood economic development opportunity without the transportation impacts typically associated with auto-oriented development (such as increased parking demand and traffic congestion).

Under Denver’s TOD Initiative, the Office of Economic Development’s Housing and Neighborhood Development Division is partnering with the Community Planning & Development Department to find opportunities to strengthen and grow local business districts and preserve and create new workforce housing around Denver’s existing and planned transit stations.

For more information about economic development and TOD in Denver, contact Terrance Ware, 720-913-1570, terrance.ware@denvergov.org

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