Transit-Oriented Development Policies and Station Area Development in Asian Cities

Kidokoro, Tetsuo

doi:10.2139/ssrn.3470063

Cited by 9 publications

(4 citation statements)

References 3 publications

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“…The widespread use of personal automobiles has not only increased traffic but also decreased the city's efficiency and productivity (in terms of the monetary cost of wasted time spent idling). The protection of the environment has been called into question as a result of this, especially in light of the fact that automobile emissions contribute significantly to air pollution [1,2].…”

Section: Generalmentioning

confidence: 99%

“…At the same time, the middle-income group in India had their own future prospects to live more comfortably and participate more in economic and leisure activities, which is generating the above-mentioned growth. Understanding the determinants of consumer behaviour in purchasing personal vehicles and accordingly devising policies for the sustainable development of the transport network is very important for a population (of 1.28 billion) and for developing countries like India [1,2].…”

Section: Generalmentioning

confidence: 99%

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Transit-Oriented Development: Learnings from Global Examples

Bhagwati,

Kumar

2024

LOGI – Scientific Journal on Transport and Logistics

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Transit-oriented development (TOD) is a method employed in area-based developments to address civic mobility, automation, inequality, community, equality, and climate change in metropolises. This research paper utilizes a comparative analysis of various published papers to create a cohesive analytical study. The main goal is to identify critical parameters that contribute to the success of TOD. It examines highly successful global examples of TOD, including Hong Kong, Singapore, London, Shenzhen, México, and Washington D.C., to understand how the aforementioned parameters impact TOD development and its achievements. Indian cities are making substantial investments in public transportation and transitioning into transit hubs. The success of this progress depends on implementing TOD regulations, such as zoning rules for mixed-land use, density control, limited parking, PPP finance, and fostering collaboration between public and private agencies near transit stations. In conclusion, while planning frameworks have been widely adopted and implemented by various countries, financial frameworks play a more pivotal role in influencing success, making TOD more practically viable worldwide.

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Section: Generalmentioning

confidence: 99%

Section: Generalmentioning

confidence: 99%

Transit-Oriented Development: Learnings from Global Examples

Bhagwati,

Kumar

2024

LOGI – Scientific Journal on Transport and Logistics

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“…The purpose of forming this partnership is to ensure mutual benefits among stakeholders [32]. According to Kidokoro [48], one form of collaboration that can be applied is Public-Private Partnership (PPP). This method has been successfully used in developing the Otemachi-Marunouchi-Yurakucho (OMY) area, a 120-hectare site near Tokyo Station, Japan.…”

Section: Figure 6 Schematic Of the Land Readjustment Modelmentioning

confidence: 99%

Land Readjustment Model for Transit-Oriented Development (TOD) Projects: Generating Optimal Financial Benefits

Saroji,

Berawi,

Satyagama

et al. 2023

Civ Eng J

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Transit-Oriented Development (TOD) projects are increasingly recognized as vital components of sustainable urban planning, aiming to create compact, walkable, and mixed-use communities centered around high-quality public transportation systems. However, implementing TOD projects poses significant challenges, especially in land acquisition and redistribution. This research addresses these issues in the context of the MRT Jakarta project and proposes a land readjustment approach as a potential solution. The study combined qualitative and quantitative methods to compare existing and ideal land use in the TOD area and benchmark successful TOD models from different countries. A comprehensive financial analysis was performed to assess the potential financial impacts of the proposed model. The analysis reveals differences between the existing land use in the Fatmawati TOD area and the ideal TOD model, suggesting the need for adjustments to achieve better land use diversity and economic vibrancy. The financial analysis demonstrates positive feasibility for the TOD project, surpassing the minimum attractive rate of return (MARR) threshold. However, the potential value of the reserved area covers only 16% of the total land readjustment (LR) costs, indicating the necessity for further measures to enhance financial feasibility. The study proposes leveraging existing apartment buildings as temporary relocation sites, optimizing resources, and increasing overall financial viability to address substantial relocation costs. Exploring different property redistribution scenarios reveals the importance of balancing landowners' benefits with the developer's financial feasibility for a successful TOD project. Overall, this research provides valuable insights and a comprehensive framework for implementing thriving and sustainable transit-oriented communities in Jakarta. Further research and collaboration among stakeholders are essential to refine the proposed model and ensure successful TOD project implementation in the future. Doi: 10.28991/CEJ-2023-09-10-012 Full Text: PDF

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“…Land assembly is widely practiced around the world in the implementation of TOD projects. Prominent land pooling projects include Town Planning Schemes in Ahmedabad, India (see Box 2), land readjustment in Colombia (Vitta 2012), land pooling in Australia (Lozano-Gracia et al 2013), the Futako-Tamagawa Station redevelopment project in Tokyo (PPIAF 2017), and the Land Readjustment Project at Toyama Station in Toyama, Japan (Kidokoro 2019).…”

Section: Q41 Land Pooling or Land Readjustmentmentioning

confidence: 99%

10 Questions to Ask About Planning, Financing and Implementing Transit Oriented Development Strategies

Moon¹,

Amos²,

Mehta³

et al. 2021

WRIPUB

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Transit-Oriented Development (TOD) strategies can improve connectivity between housing and employment centers, green spaces, and community facilities by supporting both local environmental sustainability objectives, through more efficient use of land, and “complete” streets, by creating safer infrastructure for pedestrians and bicyclists, leading to potential modal shifts. Enabling conditions for TOD may include changes in land-use regulation and other statutory provisions to create an integrated regulatory framework. TOD requires robust stakeholder engagement and institutional coordination during planning and implementation. Financing mechanisms cities have used to fund TOD include Land Value Capture, a strategy based on expected increases in land values due to infrastructure investments. These mechanisms have been used to generate revenues such as Tax Increment Financing (TIF) and a wide range of taxes and fees. Cities should be aware of the potential negative impacts of TOD, such as displacement and gentrification. Effective and inclusive TOD strategies should be accompanied by land management strategies that mitigate these impacts, including having policies in place to ensure the preservation and expansion of affordable housing. There is typically a lag of at least 5 to 10 years before the economic and financial impacts of TOD investments are fully realized, thus requiring the need for patient capital, well-structured deals and financial instruments, and proper governance.

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Transit-Oriented Development Policies and Station Area Development in Asian Cities

Cited by 9 publications

References 3 publications

Transit-Oriented Development: Learnings from Global Examples

Transit-Oriented Development: Learnings from Global Examples

Land Readjustment Model for Transit-Oriented Development (TOD) Projects: Generating Optimal Financial Benefits

10 Questions to Ask About Planning, Financing and Implementing Transit Oriented Development Strategies

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