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DART’s Role in Transit-Oriented Development
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Special thanks to our venue sponsor:
Urban Renaissance Luncheon - 9/17/2012
Urban Renaissance Luncheon - 9/17/2012
San Antonio

                                           Wednesday,
                                          September 26th
                                               5:30 – 8PM
                                          The Pearl Studio

  The Speed Networking Event
       Improve your network, learn more about the industry,
and meet future business associates and friends. Everyone is welcome!

                  Advance Fee: $30 Student: $20
           Featured Emcee: Bob Rivard ,The Rivard Report

        Presented By: ULI San Antonio YLG and ICSC Next Gen
San Antonio




            2012 ULI Fall Meeting
       October 16-19 – Denver, Colorado
                www.ulifall.org
San Antonio

Save The Date – Wed, October 24
          ULI Luncheon
       “Creative Office”
      11:30 AM – The Pearl

     Tim Hendricks,        Todd Runkle
     Sr. Vice President,   Principal/
     Development           Managing Director
Urban Renaissance Luncheon - 9/17/2012
Urban Renaissance Luncheon - 9/17/2012
Urban Renaissance Luncheon - 9/17/2012
Congressman
Charles A. Gonzalez
DART’s Role in
Transit-Oriented Development
   Transit Oriented Development
Return on Investment for the Region


 San Antonio – Downtown Alliance
       September 17, 2012

           Jack Wierzenski, AICP
   Director, Economic Development & Planning
             Dallas Area Rapid Transit
DART’s Role in Transit-Oriented Development
DART’s Role in Transit-Oriented Development



                             13 Member Cities
                                                         Plano


                          Carrollton       Addison                Richardson


                                        Farmers Branch                         Rowlett

                                                                     Garland

                                                University Park

                                               Highland Park
                              Irving

                                                     Dallas

                               Cockrell Hill




                                       Glenn Heights


                               700 Square Miles
DART’s Role in Transit-Oriented Development



         The Multimodal DART System

                 78 Miles of Light Rail

                         58 Stations

                     130 Bus Routes

             35 Miles of Commuter Rail


                84 Miles of HOV Lanes

             Paratransit, Rideshare, ITS
DART’s Role in Transit-Oriented Development
DART’s Role in Transit-Oriented Development



                           Fixed Route Ridership
                         220,000 Passengers per day
DART’s Role in Transit-Oriented Development



                     The DART Fleet

                 163 Light Rail Vehicles



                 More Than 612 Buses



              34 Commuter Rail Vehicles


                186 Paratransit Vehicles

                       197 Vanpools
DART’s Role in Transit-Oriented Development



              DART Plans Through 2013

                 90 Miles of Light Rail



                   Bus Modernization



             35 Miles of Commuter Rail



                84 Miles of HOV Lanes

                   Rideshare and ITS
DART’s Role in Transit-Oriented Development



                                              DART Rail Expansion
                                                  Green Line
                                              Opened Dec. 6, 2010


                                              •28 miles

                                              •20 stations
                                               (4.2 miles, 4 stations
                                              opened 9/09)

                                              •Longest LRT expansion in
                                              North America
DART’s Role in Transit-Oriented Development



                                               DART Rail Expansion
                                               Orange Line Openings
                                              Irving Convention Center 7-30-12
                                              Beltline                 12-3-12
                                              DFW-Airport             12-2014


                                              •9.3 miles


                                              •5 stations


                                              •Design/Build Contract


                                              •Construction underway:
                                               Phases 1 & 2
DART’s Role in Transit-Oriented Development



                                              DART Rail Expansion
                                                  Blue Line
                                                Opening 12-3-12

                                              •4.5 miles
                                               (extension of existing Blue Line)



                                              •One station


                                              •Delivery: Dec. 3, 2012
DART’s Role in Transit-Oriented Development


                     ECONOMIC IMPACT
             Job Creation and Economic Stimulus
  University of North Texas study: The DART expansion will generate …


                                              $5.6 billion, including prior Green
                                                 Line expenditures, 2009-14

                                              32,095 job-years of employment
                                                 (6,400 jobs each year for five
                                                 years)

                                              $360 million in contract awards
                                                to minority and women-owned
                                                businesses
DART’s Role in Transit-Oriented Development




   • Nation’s 4th Largest Metro Area
   • No.1 Fastest-Growing Metro
   • Fifth Most Congested Metro
DART’s Role in Transit-Oriented Development




                                              32
DART’s Role in Transit-Oriented Development




  “The DART station definitely gives us a competitive advantage. Access to
   transit is an amenity urban people demand these days.”

        – Silas Graham, Development Partner, Alliance Communities (The Ambrose)
DART’s Role in Transit-Oriented Development



 Why is DART Involved in Economic
 Development?
 Mission Statement
 • To build and operate a safe, efficient and effective
 transportation system that, within the DART Service Area,
 provides mobility, improves the quality of life, and stimulates
 economic development.
DART’s Role in Transit-Oriented Development



$8 Billion (built, planned, and projected TOD)




 • November 2007 UNT Study
      $4.26 billion in TOD as of 2007
     Estimated state and local tax revenues
     associated with TOD
      $127 million annually
      Property tax, sales tax, and state tax
     (non-DART properties)
DART’s Role in Transit-Oriented Development




 TOD Planning Principles
 • Greater density than community
 average
 • Reduced parking
 • Convert surface parking to
 structured parking
 • Quality pedestrian environment
 • A mix of uses
 • A defined center
                                              Stations help define the most
 • Transit integrated with TOD                      important places
DART’s Role in Transit-Oriented Development




                  New Demographics
DART’s Role in Transit-Oriented Development




            Apartment Living on the Rise
DART’s Role in Transit-Oriented Development




                              Young Surge
DART’s Role in Transit-Oriented Development



                          Housing Outlook

 • Smaller homes
 • More multi-
   generational
 • More convenient
 • Transit Linked
 • Housing Demand
 • Increased Rental
DART’s Role in Transit-Oriented Development



 TOD housing generates fewer car trips than
 conventional housing
 Recent Study:
 Residential TODs generated 47% fewer vehicle trips
 per dwelling unit during a 24-hour weekday than the
 standard in the International Traffic Engineers (ITE)
 Manual
 3.55 trips compared to 6.67 trips per dwelling unit




TCRP Report 128 - Effects of TOD on Housing, Parking, and Travel (2008)
DART’s Role in Transit-Oriented Development



DART’s Philosophy for TOD

 •Each station is unique – development
 should be specific to the site
 •Any unsolicited interaction with
 developers is critical and encouraged
 •Think outside the box – different
 approaches to integrating development
 •Partnership / coordination with member
 cities and other government entities is
 essential
DART’s Role in Transit-Oriented Development



    DART’s Role in TOD

•   Lead the way in early stages of LRT Planning
•   Incorporate TOD objectives into station area planning: transit,
    land use, pedestrians, cars
•   Leverage DART real property assets to:
      Develop future revenue streams with TOD

      Direct and concentrate TOD and urban infill around transit
       facilities, develop new ridership
      Enhance value and maximize function of transit facilities

•   Identify potential funding sources for added amenities: TIFs,
    PIDs, bond projects, grants
DART’s Role in Transit-Oriented Development



 DART’s TOD Policy                       August 2008

 Purpose

 DART seeks to work in close partnership with its member cities to
   identify and implement TOD opportunities. By promoting high
   quality Transit Oriented Development on and near DART
   owned properties…. generate new opportunities to create
   revenue for DART, and environmentally sustainable livable
   communities that are focused on transit accessibility.
DART’s Role in Transit-Oriented Development



The Players Developer
•   The Transit Authority           •Develop Proposals

•   The City                        •Land Assembly
                                    •Entitlements
•   The Developer
                                    •Design
                                    •Construction




                   •Planning                        •Transit Developer
                   •Zoning                          •Land Owner
                   •Permits                         •Planning Partner
                   •Community Facilitator           •Development Partner
                   •Land Owner                      •Construction Facilitator

       City        •Implementation Tools                                        DART
DART’s Role in Transit-Oriented Development



  Member City/DART Partnership
• Objectives
       Attract economic development
       Plan for TOD
• Relationship
       Establish development process
       Establish & maintain communication: City,
        DART, Developer
       Coordinate land use goals with
        transportation goals
       Zoning/development approvals
       Funding
           • TIF Districts
           • PID
           • Grant Sources: COG
               – STEP, CMAQ, EPA
DART’s Role in Transit-Oriented Development



                          Developers Learned

                                      • Start land planning early:
                                               Easier to influence design &
                                                 engineering decisions
                                               Destinations attract choice riders




    Interchange between stations
    Rents are higher
DART’s Role in Transit-Oriented Development




                                          Rail Served Properties:
                                          Residential: 39% greater increase
                                          Office: 53% greater increase




                                              UNT data, January 2003
DART’s Role in Transit-Oriented Development




    Downtown Plano
DART’s Role in Transit-Oriented Development




    Downtown Plano
DART’s Role in Transit-Oriented Development



 Bush Turnpike Station
DART’s Role in Transit-Oriented Development




     Galatyn Park
DART’s Role in Transit-Oriented Development




     Galatyn Park
DART’s Role in Transit-Oriented Development




     Galatyn Park
DART’s Role in Transit-Oriented Development



TOD: Spring Valley Station
DART’s Role in Transit-Oriented Development



TOD: Spring Valley Station
DART’s Role in Transit-Oriented Development



 Mockingbird Station
DART’s Role in Transit-Oriented Development



   Mockingbird Station
DART’s Role in Transit-Oriented Development




                                              Mockingbird
                                                Station
DART’s Role in Transit-Oriented Development



                                       Phase 1
DART’s Role in Transit-Oriented Development



                                       Phase 2
DART’s Role in Transit-Oriented Development




   Mockingbird Station
DART’s Role in Transit-Oriented Development



TOD: Dallas CBD
DART’s Role in Transit-Oriented Development



                   Downtown Dallas
                                              1996:
                                              300
                                              residential
                                              units

                                              2012:
                                              7,500
                                              residential
                                              units +
                                              restaurants,
                                              bars,
                                              grocery
                                              stores, etc.
DART’s Role in Transit-Oriented Development



     Future Dallas Streetcar Line

 Dallas is
 building a 1.6-
 mile streetcar
 line that will
 be expanded
 to serve
 neighborhood
 s around the
 city center.




                         source: Dallas 360 Plan


                                                   65
DART’s Role in Transit-Oriented Development




  Union Station to Oak Cliff Streetcar Project
DART’s Role in Transit-Oriented Development




                       M-Line Trolley
DART’s Role in Transit-Oriented Development



    Bicycle Sharing / Car Sharing
DART’s Role in Transit-Oriented Development



Downtown Carrollton Station
DART’s Role in Transit-Oriented Development



   Downtown Carrollton Station
DART’s Role in Transit-Oriented Development




     Cedars Station
DART’s Role in Transit-Oriented Development



TOD: Cedars Station
DART’s Role in Transit-Oriented Development



   Cedars – South Side, Phase I
DART’s Role in Transit-Oriented Development


Cedars – South Side, Phase II
DART’s Role in Transit-Oriented Development


Downtown Garland Station
DART’s Role in Transit-Oriented Development



                              Hospitals
DART’s Role in Transit-Oriented Development




   Southwestern Medical District/Parkland
DART’s Role in Transit-Oriented Development




   Southwestern Medical District/Parkland
DART’s Role in Transit-Oriented Development




 Baylor Station
DART’s Role in Transit-Oriented Development




   Baylor Station
DART’s Role in Transit-Oriented Development




    Victory Park
DART’s Role in Transit-Oriented Development



            Colleges & Universities

There is a huge
opportunity to
reach “Millennials”
with TOD near
higher education
institutions.




                                              82
DART’s Role in Transit-Oriented Development




                 North Lake College
DART’s Role in Transit-Oriented Development




                                                    Illinois Station




                                              • DART Police HQ
                                              • Historic
                                              • LEED Certified
DART’s Role in Transit-Oriented Development



TOD: South Irving Commuter Rail Station
DART’s Role in Transit-Oriented Development



Parking Capacity – Development Opportunity
DART’s Role in Transit-Oriented Development




                Transit Center /      Operating       Excess      Strategic
Rail Stations     Park & Ride          Facilities   Properties   Acquisition
DART’s Role in Transit-Oriented Development
DART’s Role in Transit-Oriented Development




                      Housing Trends
• Less
  homeownership
• Less mobility
• More multi-
  generational
• More energy
  efficient, smaller
• Closer to transit
• Mixed-use
DART’s Role in Transit-Oriented Development



       Smaller Office/Retail Space
OFFICE                                        RETAIL
• Smaller space/employee                      • Internet sales reduce need
                                                for inventory
• Near transit
                                              • “Experience” retail
DART’s Role in Transit-Oriented Development




            Trending: Less Is More
                                              The average
                                              size of the
                                              single-family
                                              home is
                                              declining.

                                              Is the
                                              McMansion a
                                              thing of the
                                              past?
DART’s Role in Transit-Oriented Development



    The “Connected” Generation
DART’s Role in Transit-Oriented Development




         Is the Age of Sprawl Over?
DART’s Role in Transit-Oriented Development



 For More Information


                            Jack Wierzenski, AICP
                  Director, Economic Development & Planning

                         Dallas Area Rapid Transit (DART)
                           PO Box 660163/1401 Pacific
                              Dallas TX 75266-7213

                                  Wierzens@dart.org
                  www.dart.org/economicdevelopment
Thank You!
downtownsanantonio.org
Urban Renaissance Luncheon - 9/17/2012

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Urban Renaissance Luncheon - 9/17/2012

  • 1. DART’s Role in Transit-Oriented Development
  • 2. Special thanks to our luncheon partner:
  • 3. Special thanks to our generous sponsors:
  • 4. San Antonio Thank you to our Annual Sponsors FOUNDING SPONSORS
  • 5. San Antonio Thank you to our Annual Sponsors BENEFACTOR SPONSORS
  • 6. San Antonio Thank you to our Annual Sponsors GOLD SPONSORS
  • 7. San Antonio Thank you to our Annual Sponsors SILVER SPONSORS
  • 8. San Antonio Thank you to our Annual Sponsors SILVER SPONSORS
  • 9. Special thanks to our venue sponsor:
  • 12. San Antonio Wednesday, September 26th 5:30 – 8PM The Pearl Studio The Speed Networking Event Improve your network, learn more about the industry, and meet future business associates and friends. Everyone is welcome! Advance Fee: $30 Student: $20 Featured Emcee: Bob Rivard ,The Rivard Report Presented By: ULI San Antonio YLG and ICSC Next Gen
  • 13. San Antonio 2012 ULI Fall Meeting October 16-19 – Denver, Colorado www.ulifall.org
  • 14. San Antonio Save The Date – Wed, October 24 ULI Luncheon “Creative Office” 11:30 AM – The Pearl Tim Hendricks, Todd Runkle Sr. Vice President, Principal/ Development Managing Director
  • 19. DART’s Role in Transit-Oriented Development Transit Oriented Development Return on Investment for the Region San Antonio – Downtown Alliance September 17, 2012 Jack Wierzenski, AICP Director, Economic Development & Planning Dallas Area Rapid Transit
  • 20. DART’s Role in Transit-Oriented Development
  • 21. DART’s Role in Transit-Oriented Development 13 Member Cities Plano Carrollton Addison Richardson Farmers Branch Rowlett Garland University Park Highland Park Irving Dallas Cockrell Hill Glenn Heights 700 Square Miles
  • 22. DART’s Role in Transit-Oriented Development The Multimodal DART System 78 Miles of Light Rail 58 Stations 130 Bus Routes 35 Miles of Commuter Rail 84 Miles of HOV Lanes Paratransit, Rideshare, ITS
  • 23. DART’s Role in Transit-Oriented Development
  • 24. DART’s Role in Transit-Oriented Development Fixed Route Ridership 220,000 Passengers per day
  • 25. DART’s Role in Transit-Oriented Development The DART Fleet 163 Light Rail Vehicles More Than 612 Buses 34 Commuter Rail Vehicles 186 Paratransit Vehicles 197 Vanpools
  • 26. DART’s Role in Transit-Oriented Development DART Plans Through 2013 90 Miles of Light Rail Bus Modernization 35 Miles of Commuter Rail 84 Miles of HOV Lanes Rideshare and ITS
  • 27. DART’s Role in Transit-Oriented Development DART Rail Expansion Green Line Opened Dec. 6, 2010 •28 miles •20 stations (4.2 miles, 4 stations opened 9/09) •Longest LRT expansion in North America
  • 28. DART’s Role in Transit-Oriented Development DART Rail Expansion Orange Line Openings Irving Convention Center 7-30-12 Beltline 12-3-12 DFW-Airport 12-2014 •9.3 miles •5 stations •Design/Build Contract •Construction underway: Phases 1 & 2
  • 29. DART’s Role in Transit-Oriented Development DART Rail Expansion Blue Line Opening 12-3-12 •4.5 miles (extension of existing Blue Line) •One station •Delivery: Dec. 3, 2012
  • 30. DART’s Role in Transit-Oriented Development ECONOMIC IMPACT Job Creation and Economic Stimulus University of North Texas study: The DART expansion will generate … $5.6 billion, including prior Green Line expenditures, 2009-14 32,095 job-years of employment (6,400 jobs each year for five years) $360 million in contract awards to minority and women-owned businesses
  • 31. DART’s Role in Transit-Oriented Development • Nation’s 4th Largest Metro Area • No.1 Fastest-Growing Metro • Fifth Most Congested Metro
  • 32. DART’s Role in Transit-Oriented Development 32
  • 33. DART’s Role in Transit-Oriented Development “The DART station definitely gives us a competitive advantage. Access to transit is an amenity urban people demand these days.” – Silas Graham, Development Partner, Alliance Communities (The Ambrose)
  • 34. DART’s Role in Transit-Oriented Development Why is DART Involved in Economic Development? Mission Statement • To build and operate a safe, efficient and effective transportation system that, within the DART Service Area, provides mobility, improves the quality of life, and stimulates economic development.
  • 35. DART’s Role in Transit-Oriented Development $8 Billion (built, planned, and projected TOD) • November 2007 UNT Study  $4.26 billion in TOD as of 2007 Estimated state and local tax revenues associated with TOD  $127 million annually  Property tax, sales tax, and state tax (non-DART properties)
  • 36. DART’s Role in Transit-Oriented Development TOD Planning Principles • Greater density than community average • Reduced parking • Convert surface parking to structured parking • Quality pedestrian environment • A mix of uses • A defined center Stations help define the most • Transit integrated with TOD important places
  • 37. DART’s Role in Transit-Oriented Development New Demographics
  • 38. DART’s Role in Transit-Oriented Development Apartment Living on the Rise
  • 39. DART’s Role in Transit-Oriented Development Young Surge
  • 40. DART’s Role in Transit-Oriented Development Housing Outlook • Smaller homes • More multi- generational • More convenient • Transit Linked • Housing Demand • Increased Rental
  • 41. DART’s Role in Transit-Oriented Development TOD housing generates fewer car trips than conventional housing Recent Study: Residential TODs generated 47% fewer vehicle trips per dwelling unit during a 24-hour weekday than the standard in the International Traffic Engineers (ITE) Manual 3.55 trips compared to 6.67 trips per dwelling unit TCRP Report 128 - Effects of TOD on Housing, Parking, and Travel (2008)
  • 42. DART’s Role in Transit-Oriented Development DART’s Philosophy for TOD •Each station is unique – development should be specific to the site •Any unsolicited interaction with developers is critical and encouraged •Think outside the box – different approaches to integrating development •Partnership / coordination with member cities and other government entities is essential
  • 43. DART’s Role in Transit-Oriented Development DART’s Role in TOD • Lead the way in early stages of LRT Planning • Incorporate TOD objectives into station area planning: transit, land use, pedestrians, cars • Leverage DART real property assets to:  Develop future revenue streams with TOD  Direct and concentrate TOD and urban infill around transit facilities, develop new ridership  Enhance value and maximize function of transit facilities • Identify potential funding sources for added amenities: TIFs, PIDs, bond projects, grants
  • 44. DART’s Role in Transit-Oriented Development DART’s TOD Policy August 2008 Purpose DART seeks to work in close partnership with its member cities to identify and implement TOD opportunities. By promoting high quality Transit Oriented Development on and near DART owned properties…. generate new opportunities to create revenue for DART, and environmentally sustainable livable communities that are focused on transit accessibility.
  • 45. DART’s Role in Transit-Oriented Development The Players Developer • The Transit Authority •Develop Proposals • The City •Land Assembly •Entitlements • The Developer •Design •Construction •Planning •Transit Developer •Zoning •Land Owner •Permits •Planning Partner •Community Facilitator •Development Partner •Land Owner •Construction Facilitator City •Implementation Tools DART
  • 46. DART’s Role in Transit-Oriented Development Member City/DART Partnership • Objectives  Attract economic development  Plan for TOD • Relationship  Establish development process  Establish & maintain communication: City, DART, Developer  Coordinate land use goals with transportation goals  Zoning/development approvals  Funding • TIF Districts • PID • Grant Sources: COG – STEP, CMAQ, EPA
  • 47. DART’s Role in Transit-Oriented Development Developers Learned • Start land planning early:  Easier to influence design & engineering decisions  Destinations attract choice riders Interchange between stations Rents are higher
  • 48. DART’s Role in Transit-Oriented Development Rail Served Properties: Residential: 39% greater increase Office: 53% greater increase UNT data, January 2003
  • 49. DART’s Role in Transit-Oriented Development Downtown Plano
  • 50. DART’s Role in Transit-Oriented Development Downtown Plano
  • 51. DART’s Role in Transit-Oriented Development Bush Turnpike Station
  • 52. DART’s Role in Transit-Oriented Development Galatyn Park
  • 53. DART’s Role in Transit-Oriented Development Galatyn Park
  • 54. DART’s Role in Transit-Oriented Development Galatyn Park
  • 55. DART’s Role in Transit-Oriented Development TOD: Spring Valley Station
  • 56. DART’s Role in Transit-Oriented Development TOD: Spring Valley Station
  • 57. DART’s Role in Transit-Oriented Development Mockingbird Station
  • 58. DART’s Role in Transit-Oriented Development Mockingbird Station
  • 59. DART’s Role in Transit-Oriented Development Mockingbird Station
  • 60. DART’s Role in Transit-Oriented Development Phase 1
  • 61. DART’s Role in Transit-Oriented Development Phase 2
  • 62. DART’s Role in Transit-Oriented Development Mockingbird Station
  • 63. DART’s Role in Transit-Oriented Development TOD: Dallas CBD
  • 64. DART’s Role in Transit-Oriented Development Downtown Dallas 1996: 300 residential units 2012: 7,500 residential units + restaurants, bars, grocery stores, etc.
  • 65. DART’s Role in Transit-Oriented Development Future Dallas Streetcar Line Dallas is building a 1.6- mile streetcar line that will be expanded to serve neighborhood s around the city center. source: Dallas 360 Plan 65
  • 66. DART’s Role in Transit-Oriented Development Union Station to Oak Cliff Streetcar Project
  • 67. DART’s Role in Transit-Oriented Development M-Line Trolley
  • 68. DART’s Role in Transit-Oriented Development Bicycle Sharing / Car Sharing
  • 69. DART’s Role in Transit-Oriented Development Downtown Carrollton Station
  • 70. DART’s Role in Transit-Oriented Development Downtown Carrollton Station
  • 71. DART’s Role in Transit-Oriented Development Cedars Station
  • 72. DART’s Role in Transit-Oriented Development TOD: Cedars Station
  • 73. DART’s Role in Transit-Oriented Development Cedars – South Side, Phase I
  • 74. DART’s Role in Transit-Oriented Development Cedars – South Side, Phase II
  • 75. DART’s Role in Transit-Oriented Development Downtown Garland Station
  • 76. DART’s Role in Transit-Oriented Development Hospitals
  • 77. DART’s Role in Transit-Oriented Development Southwestern Medical District/Parkland
  • 78. DART’s Role in Transit-Oriented Development Southwestern Medical District/Parkland
  • 79. DART’s Role in Transit-Oriented Development Baylor Station
  • 80. DART’s Role in Transit-Oriented Development Baylor Station
  • 81. DART’s Role in Transit-Oriented Development Victory Park
  • 82. DART’s Role in Transit-Oriented Development Colleges & Universities There is a huge opportunity to reach “Millennials” with TOD near higher education institutions. 82
  • 83. DART’s Role in Transit-Oriented Development North Lake College
  • 84. DART’s Role in Transit-Oriented Development Illinois Station • DART Police HQ • Historic • LEED Certified
  • 85. DART’s Role in Transit-Oriented Development TOD: South Irving Commuter Rail Station
  • 86. DART’s Role in Transit-Oriented Development Parking Capacity – Development Opportunity
  • 87. DART’s Role in Transit-Oriented Development Transit Center / Operating Excess Strategic Rail Stations Park & Ride Facilities Properties Acquisition
  • 88. DART’s Role in Transit-Oriented Development
  • 89. DART’s Role in Transit-Oriented Development Housing Trends • Less homeownership • Less mobility • More multi- generational • More energy efficient, smaller • Closer to transit • Mixed-use
  • 90. DART’s Role in Transit-Oriented Development Smaller Office/Retail Space OFFICE RETAIL • Smaller space/employee • Internet sales reduce need for inventory • Near transit • “Experience” retail
  • 91. DART’s Role in Transit-Oriented Development Trending: Less Is More The average size of the single-family home is declining. Is the McMansion a thing of the past?
  • 92. DART’s Role in Transit-Oriented Development The “Connected” Generation
  • 93. DART’s Role in Transit-Oriented Development Is the Age of Sprawl Over?
  • 94. DART’s Role in Transit-Oriented Development For More Information Jack Wierzenski, AICP Director, Economic Development & Planning Dallas Area Rapid Transit (DART) PO Box 660163/1401 Pacific Dallas TX 75266-7213 Wierzens@dart.org www.dart.org/economicdevelopment