On the development train
The Wall Street Journal has noticed that TODs are hot right now (via CoolTown Studios). They cite estimates that there are around 100 TOD projects in development, with about 100 more in the pipeline. The president of the American Public Transportation Association says, "This isn't to say that the traditional suburb is going away." There will just be more housing built "for this demographic who desire walkable communities with easy access to transportation."
Renaissance Place, Naugatuck, CT
The article features a major development being planned for Naugatuck, CT's waterfront. The $700M, mixed use development will also include a trolley system to move people between the residential units, the shops and the commuter rail to NYC.
Posted on Friday, June 15, 2007 at 10:47AM
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therevitalist
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therevitalist
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Source: The Little Engine That Could
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