By now you’ve probably have heard of this thing called transit-oriented development (T.O.D.) . If you haven’t you might be living in a cave. Or you might live in Rochester. Sorry—cheap shot.
No worries, let’s get you up to speed with this quick video from the Streetfilms crew. It shows how investment in public transit, along with some zoning changes, has made the New Jersey Hudson River waterfront a new boomtown. The area has attracted some $5 billion in residential development since light rail came in.
According to Robert Cotter, director of city planning for Jersey City, “That’s a testament to transit-rich development… The communities that have access to fixed rail are going to be the richest in the coming century.”