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原文传递 Impacts of CTfastrak on Real Estate and Urban Economic Development: Phase 1

题名：	Impacts of CTfastrak on Real Estate and Urban Economic Development: Phase 1
作者：	Cohen, J. P.; Danko, J. J.
关键词：	Bus rapid transit##CTfastrak##Real estate##Economic development##
摘要：	CTfastrak, a bus rapid transit service connecting four municipalities (Hartford, West Hartford, Newington, and New Britain) in Central Connecticut (CT), received final funding approval in 2011 and opened for service in March 2015. This new service may be encouraging transit-oriented development (TOD) along the busway, including new retail stores, restaurants, office space and housing. These potential impacts of CTfastrak are expected to affect property values. But, a priori, the magnitude of the impact is unknown. The overall aim of this study is to measure the impact of CTfastrak on real estate and urban economic development in these four municipalities. The change in property values and economic development will be analyzed before and after two crucial dates: the announcement of the funding commitment for the project in 2011 and the commencement of service in 2015. The first phase of this project – the focus of this report – involves collecting the necessary data for the second phase, which could encompass a data analysis study on the potential impacts on residential property values, businesses, residents, and towns in the areas surrounding CTfastrak stations over approximately the next five years.
总页数：	128
报告类型：	科技报告