Transit Oriented Development (TOD) along Green Line
Transit Oriented Development (TOD) is the planning, design and building of development centered around rapid transit stations.
It is typically characterized by multi-story buildings for residents, businesses and services, and is designed to encourage walking, cycling and transit use. Locations for future TOD along the Green Line were chosen based on:
Stakeholder input (community, developers, and subject matter experts)
Extensive research was completed on TOD potential for Green Line stations. TOD scoping and planning was conducted with Green Line’s pre-design process and community-based visioning.
Market analysis studies done between 2014 and 2016 helped identify areas with the highest TOD potential. It focused on areas that could have multi-family developments and complete TOD development in 30 years of the market analysis (2015 to 2045).
The study identified:
Current market value conditions (based on age and condition of buildings)
Market demand
Desire for mixed-use and multi-family residential buildings
Key populations and land use targets along the Green Line
Projected population to support a highly walkable, mixed-use neighbourhood
At least 4,000 housing units are required to support a full range of retail and service businesses
North market study forecasts
45,000 new multi-family units over the next 30 years
About 19,500 of these new units will be located near the Green Line
Southeast market study forecasts
41,000 new multi-family units over the next 30 years
About 20,000 of these new units will be located near the Green Line
Benefits of TOD
Lower costs of living
Better access to jobs, recreation and education
More mobility and lifestyle choices
Healthier lifestyles (TOD promotes walking, cycling and transit use)
Healthy and thriving communities
Local economic growth in communities
Less greenhouse gas emissions through less automobile use