TOD

TOD: How New York got it right

Transit-Oriented Development (TOD) has gained prominence in boardrooms around the country with the increasing urbanization of society. The TOD terminology used by real estate developers, transit agencies and political leaders is “development that focuses on dense, mixed-use communities, integrated into a neighborhood within a reasonable walk of high-order mass transit—generally high-frequency rail or bus lines.” It serves as a way of capturing the value of large mass transit earlier in a project’s life cycle, thereby increasing the sustainability of the TOD.