|
|
|
Title: Using the Real Estate Market to Establish Streetcar Catchment Areas: a Case Study of Multifamily Residential Rental Property in Tucson, Arizona
Accession Number: 01663662
Record Type: Component
Abstract: Though it seems widely known that people will only walk or bike so far to access public transit, few studies have estimated their catchment areas. Perhaps the largest share of those that do evaluate outcomes over narrow distances from fixed guideway transit stations, such as one-quarter and one-half mile. Recent literature uses the real estate market to help estimate catchment areas, but all those studies focus on light rail transit (LRT) systems. This study is the first to use the real estate market to estimate the multifamily rental catchment area for streetcars, based on a case study of Tucson, Arizona. Using CoStar rental data, census data, and spatially related measures, we find that the streetcar catchment area for multifamily rental properties is about five eighths of one mile, or just slightly farther than the conventional half-mile circle. This is in contrast with prior research showing the catchment area for multifamily rental properties near LRT systems may be up to 1.25 miles. This offers land use planning implications.
Supplemental Notes: This paper was sponsored by TRB committee AP075 Standing Committee on Light Rail Transit.
Report/Paper Numbers: 18-05535
Language: English
Authors: Nelson, Arthur CHibberd, RobertPagination: 21p
Publication Date: 2018
Conference:
Transportation Research Board 97th Annual Meeting
Location:
Washington DC, United States Media Type: Digital/other
Features: Figures; Maps; References
TRT Terms: Geographic Terms: Subject Areas: Passenger Transportation; Planning and Forecasting; Public Transportation; Railroads
Source Data: Transportation Research Board Annual Meeting 2018 Paper #18-05535
Files: TRIS, TRB, ATRI
Created Date: Jan 8 2018 11:24AM
|
