Measuring the Success of Transit Oriented Development
Defining the measurement of success for transit-oriented development (TOD)1 depends upon the various perspectives of different stakeholders. For example, most transit agencies are looking for TODs to produce higher levels of transit ridership. Developers need to deliver a return on investment while planning agencies often look to TOD for reducing automobile dependency and alleviating traffic congestion. This chapter discusses measuring TOD success given the perspective of disparate stakeholders, including: 1) State and regional government, 2) Transit agencies, 3) Local government, 4) Communities and 5) Private developers.