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I wonder, why there is not dealds between land speculation and public transportation. One party buys fields from farmers, the other creates a privately financed
by qikInNdOutReply 4y ago
I wonder, why there is not dealds between land speculation and public transportation. One party buys fields from farmers, the other creates a privately financed railroad/subway out in the "new suburbs", shooting the areas value through the roof. Then build denser, better citycore, connected to the old citycore.
- andylynch 4y agoThis is absolutely a thing. The British pioneered it with the Metropolitan line and swathes of suburban London with developed this way; they called it ‘Metro-land’. Japan ran hard with the idea too. A recent example would be Crossrail being partly funded by Canary Wharf, Heathrow Airport, and a large UK Housebuilder.
- qikInNdOutReply 4y agoThen why does it not work in the us?
- trgn 4y agoFrom what I gather, there used to be, the "streetcar suburb" was exactly that. It no longer exists, at all. best you may get is some new urbanist toy town in the exurbs. They're great because they're better than a regular suburb, providing local walkability, but they're still isolated pods.
- qikInNdOutReply 4y agoA start for that would be investors legislating for building codes to be suspended in a new development area completely, allowing for mixed development. Then make a investment into public transport towards the area taxfree.