Transit-Oriented Development

Fairmont Indigo CDC Collaborative

Fairmont Indigo CDC Collaborative was established in 2004 by several CDCs within the “Fairmount Corridor” to redevelop vacant, distressed properties near transit stations into new housing, vibrant businesses, and open space.  The Collaborative is currently focused on nurturing sustainable development around the Fairmont/Indigo line, an area the Massachusetts Department of Transportation has committed $200 million towards in order to improve transit service, alleviate congestion, and create new stations.  To date, the project is credited with creating new, energy efficient transit-accessible homes for 1,600 low- and moderate-income residents, developing 120,000 square feet of commercial space, and generating nearly 800 jobs.

Atlanta BeltLine

The Atlanta BeltLine aims to create a 22-mile modern streetcar, multi-use trail, and park loop based on railroad corridors that formerly encircled Atlanta to connect 45 city neighborhoods.  As of the end 2015, the Atlanta Beltline was credited with creating more than 6,000 permanent jobs, nearly 23,000 constructions jobs, 15,400 new housing units, and 200 acres of new park space.   To ensure affordable housing, the project includes an Affordable Housing Trust Fund and has partnered with The Atlanta Land Trust Collaborative (ALTC), which is focused on developing permanently affordable CLT units within Beltline neighborhoods.  Slated for completion in 2030, the project is expected to generate $10 billion in private investments in the area.

Regional Transportation District of Denver

The Regional Transportation District of Denver (RTD) is the public agency charged with providing public transportation in the metro Denver area.  Committed to transit-oriented development, RTD’s investments have spurred TOD projects encompassing 31,819 residential units, 7,586 hotel rooms, nearly 6 million square feet of retail space, over 8 million square feet of office space, over 2 million square feet of government space, and nearly 7.5 million square feet of medical space.  A key achievement in 2014 was the completion of Union Station, a multimodal transportation hub, integrating light rail, commuter rail, bus service, the 16th Street Mall shuttle, taxis, bicycles, and pedestrians.  The project included the development of 3,171 residential units, 56 hotel rooms, and over 2.5 million square feet of office, retail, cultural, and government space.

Mile High Connects

A partnership between private, philanthropic, and nonprofit organizations committed to developing inclusive, affordable, and livable communities within walking distance of transit, Mile High Connects (MHC) works to ensure that Metro Denver’s regional transit system fosters communities that enable all residents to achieve a high quality of life.  In 2013, MHC began a grant program to support effective, inclusive approaches to building healthy and prosperous transit-oriented communities and ensuring equity and opportunity for under-resourced communities.  MHC’s work also focuses on influencing policy and increasing resident engagement in neighborhoods directly affected by the expanding transit system.

Denver Transit-Oriented Development Fund

Established by numerous partners including the Urban Land Conservancy (ULC), Enterprise Community Partners, and the City and County of Denver, the Denver Transit-Oriented Development Fund aims to support the creation and preservation of over 1,000 affordable housing units in current and future transit corridors.  The revolving loan fund, which currently totals $24 million, makes capital available to purchase and hold sites for up to five years along current and future rail and high frequency bus corridors in the Denver metro region.  As of 2013, the fund was credited with preserving or creating 626 affordable homes and 120,000 square-feet of commercial space, and creating over 700 jobs.  The $24 million investment is expected leverage over $500 million in local economic development activity.