[thoughtcriminal]

SEPTA Evaluates Stations for TOD Projects
Behind Paywall: https://www.bizjournals.com/philadel...al-estate.html
"Parking lots adjacent to SEPTA train stations could make way for mixed-use development sites as the transit agency evaluates its real estate holdings and looks to maximize their value while also upping ridership.

The idea builds on a trend the regional transit organization identified in 2021, namely the promotion of transit-supportive communities as a priority, said SEPTA's Director of Strategic Planning and Analysis Ryan Judge.

Doing so might not only increase flagging ridership, but lower rider's carbon footprint and increase home values near stations, officials say.

As post-pandemic trends have settled in and as staffing allowed, SEPTA has made progress in researching and analyzing its properties to see which may best lend themselves to future development."