TOD Economic Analysis and Market Study

Riverfront Park, Denver

 

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:
 
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.

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

Additional links:

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 Business and Housing Services 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.
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