Atlanta TOD Implementation Updates

Atlanta TOD Collaborative Hosts TOD Financing Exploration

Atlanta TOD Collaborative event - Land Acquisition Fund Exploration

Working over roughly 18 months, a range of transit-oriented development (TOD) stakeholders in the Atlanta region have identified TOD land acquisition funds as a national best practice for TOD implementation.

The Atlanta TOD Collaborative and other interested parties convened on January 30, 2013 for the Atlanta TOD Land Acquisition Fund Exploration, an event designed to share information about this TOD financing tool. Experts from the highly successful Denver TOD Fund led the community education session, describing how the Denver Urban Land Conservancy and Enterprise Community Partners achieved a $15 million revolving fund used specifically to acquire property and develop mixed-income housing adjacent to public transit.

Presentations from the event are available below:

Atlanta Region TOD Market Study Completed

To provide guidance for the larger TOD work program that ARC and MARTA are undertaking, ARC in 2012 contracted with real estate and economic advisory firm Bleakly Advisory Group to conduct market research and other analysis on opportunities for TOD around existing MARTA stations. Selected as a sub-contractor in this process was planning, architecture and design firm Tunnell-Spangler-Walsh and Associates (TSW). This analytic process culminated in a final report, completed in January 2013, that addresses five key tasks:

  1. Analysis of TOD financing and incentive opportunities
  2. Preliminary TOD suitability assessment of MARTA stations
  3. TOD opportunity analysis of ten MARTA station areas
  4. Development of a form-based code for a sample station area
  5. Recommendations for implementation

The final report details opportunities for new economic growth and development in areas of close proximity to existing MARTA stations. The document is available below, along with a summary presented to ARC’s Environment and Land Use Committee (ELUC) in January 2013. The work product for Task 4 of the report (a form-based code for the Doraville MARTA station area) is presented separately. ARC and MARTA will use the data and recommendations from this process to inform upcoming TOD work in the Atlanta region.

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