Well-designed, transit-rich neighborhoods provide many benefits to residents of all ages, as I document in, “ Independence Found in Downsizing to a Transit Rich Neighborhood.” These neighborhoods also provide dividends to the larger community, generating higher property values, rents, and revenue than real estate located further away from high quality public transportation services. Cities as diverse as Seattle, Atlanta, Minneapolis, Denver, Detroit, and Washington, DC have all strengthened their regional economies through investment in transit-oriented development (TOD). And because their residents walk and bike more, TOD residents reap some health benefits as well.
Susan Milligan is visiting six Election 2012 battleground states to talk with 50-plus voters for a report that will be published in the September issue of the AARP Bulletin. She posted this from Fairfax, Virginia.
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