tod in the twin cities

TOD Advisory Committee

Getting It Done: TOD Workshop Series

Funding Sources for TOD

Major Partners and Initiatives

CORRIDOR Planning

Minneapolis-St Paul Transitways 2020 Map (PDF)

Central Corridor

Southwest Corridor

Other Future Fixed-Guideway Transit

Hiawatha Line

Northstar Commuter Rail

Streetcars in the Twin Cities

Citizen's Guide to New Starts, Federal Funding for Transit Corridors

TOD TOOLKIT

Basic TOD Resources

Connecting Jobs to People

Mixed Income/Equitable TOD

Shaping Regional Demand for Growth

Station Area Planning

Value Capture and Financing TOD

Value Capture

Value ChartValue capture is often seen as a strategy that can help recover part of the cost of new transit infrastructure or station area improvements, which can then serve as the basis for new TOD. TOD can also help to bolster value appreciation, which in turn can generate increased public revenues that can help lower the overall tax burden for residents and be used to fund community investments.

For transit agencies, value creation can occur in two key ways. One, through generating new ridership through TOD projects along the corridor. And secondly, if the transit agency enters into lease or sales agreements with excess land owned by the transit agency through some type of formal joint development process. Typically, extra right of way is purchased when constructing a new transit line that can be used by the transit agency for joint development purposes.

The housing, development and building communities have increasingly recognized the growing market for urban living. Housing near transit is a growing market niche for both cities and suburbs. Before 1987 the Urban Land Institute ranked "24-hour cities" as the worst opportunities for investors and "edge cities" were ranked as the best. Bust since then investments in 24-hour cities have consistently outpaced investments in "9-to-5 cities" and in edge cities. This change in demand has a strong potential to increase the value capture potential of new transit investments.

CTOD has been studying the potential for Value Capture across the country. A report will be released in 2010 that goes over findings, including a case study on the Hiawatha Corridor. Check back to download a copy of the report when it is released.


Transit-Oriented Development, or TOD, is typically defined as more compact development within easy walking distance of transit stations (typically a half mile) that contains a mix of uses such as housing, jobs, shops, restaurants and entertainment. TOD is about creating walkable, sustainable communities for people of all ages and incomes and providing more transportation and housing choices. These neighborhoods provide for a lifestyle that's convenient, affordable and active, and create places where our children can play and our parents can grow old comfortably.