ABSTRACT
Previously, Indonesia applied Car Oriented Development concept. Currently, the pattern of Transit Oriented Development (TOD) is one of the solutions chosen by the government to solve the problem. TOD is something new in Indonesia. This study aims to find out the implementation of Transit Oriented Development in Tokyo and to compare the implementation, the feasibility of investment, and the risks occurring from the Super Block with TOD Concept Project of PT. XYZ. Literature study was used to determine the implementation of TOD in Tokyo. Capital budgeting analysis was used to calculate Payback Period, Net Present Value, and Internal Rate Return, while the risk analysis used the Risk Register. The results of this study showed that Indonesia has started to move towards TOD similar to the one applied in Tokyo. However, not many people have the habit to use public transportation in Indonesia. Furthermore, the results showed that investment is feasible bur there are a lot of extreme level risks.
