TRANSIT-ORIENTED DEVELOPMENT: AN INVESTMENT IN OUR FUTURE

Environmental Initiative – Policy Forum Series

Involving more businesses in TOD

•  Change our language –  Less jargon –  Outcome focused –  Profit opportunity

•  Simplify –  One-stop shopping –  Available data –  Future plans

TOD is about Choices

Excelsior & Grand

Excelsior & Grand

Midtown Exchange

Transportation Alternatives

Demographics – Population by Age

581,000 598,000 639,000 704,000 384,000 441,000 475,000 515,000

1,579,000 1,644,000 1,668,000 1,754,000

307,000 461,000

665,000 770,000

2010 2020 2030 2040

Ages 65+

Ages 25-64 Ages 15-24 Ages 0-14

Seniors – 11% (2010)

Seniors – 20% (2040) Seniors Doubled by 2030

More 65+ than <15

Connections to Consumers

Connections to Employees

Economy

Courtesy: New York Times

Expense

Environment

Resources

•  Livable Communities Fund –  Mixed use development –  Affordable housing –  Brownfield cleanup

•  TOD Fund –  Economic development along transit corridors

where there is, or will be, transit infrastructure and high-frequency transit service.

Development Transportation

Thriving, Competitive Twin Cities Metropolitan Area