Transit-Oriented Development Trend Growing
The growing trend of transit-oriented development (TOD) was surveyed by the Institute for Transportation and Development Policy (ITDP), using its TOD Standard evaluation tool.
The report authors note the urban share of the world’s population is expected to increase to 70 percent by 2050.
Places where the car-centric lifestyle is becoming a thing of the past are examined as young, creative people would rather walk and cycle than drive, the authors say.
London’s Central St. Giles development received the highest score in the survey—99 out of a possible 100—with Hammarby Sjöstad in Stockholm receiving a score of 94, and Liuyun Xiaoqu in Guangzhou receiving a score of 90.
ITDP assessed the developments using its new TOD Standard, a policy guide that evaluates real estate developments using eight key elements to integrating sustainable transport, land use planning and sustainable urban design.
The TOD Standard captures growing trends in public sentiment, even in the car-centric US. The report cites a National Association of REALTORS annual survey found that 60 percent of US respondents prefer neighborhoods with a mix of houses, stores and businesses within walking distance, rather than neighborhoods that require driving between home, work and recreation.
A recent World Bank report found that China could save $1.4 trillion in urban infrastructure costs if its comprehensive efforts for urban growth focused on density, not sprawl.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- Embracing New Tech Is Key to Greater Energy Savings, Say Experts
- SolarCity: We Have the World’s Most Efficient Rooftop Solar Panel
- Bridgestone Arena in Nashville Switches to LEDs
- Helping Building Automation Grow
- Municipalities Could Combine Small Cell and LED Upgrades
- Holistic Approach to Energy Savings in Dublin, Ohio Schools
- NYC One Step Closer to Net-Zero Energy Goal at Wastewater Treatment Plants
- ‘Better Buildings, Better Plants’ Saves $2.4B Over Five Years