ULI Washington News

Understanding the Fiscal Impacts Transit-Oriented Development in NoVA and MD Report available

A new report was prepared for the local ULI Baltimore/Washington Transit-Oriented Development (TOD) Product Council titled  “Understanding the Fiscal Impacts of Transit-Oriented Development (TOD) Projects in Northern Virginia and Maryland.” The report was prepared by Dr. Dean Bellas, a member of the TOD council.  In this report, the socio-economic characteristics of just under 10,000 TOD and non-TOD apartment units in the Baltimore-Washington, DC metropolitan area are presented as well as the fiscal impact findings of four TOD projects on the jurisdictions where these projects are located.  The findings presented in this report indicate that the fiscal benefits to the various jurisdictions analyzed are substantial.  To see and read the report, click here.  After reading the report, if you have questions, please feel free to contact Dr. Bellas directly at DBellas@UrbanAnalytics.com.  For more information on the TOD Council, contact the Chair, David Kitchens (davidkitchens@coopercarry.com) or Co-Chair James Palmer (jpalmer@edsaplan.com).

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