Quote:
Originally Posted by J. Will
When Streetview was taken there was an intersection in Houston that had an LRT stop with surface parking surrounding it on all four corners:
https://maps.google.com/maps?q=Houst...357.13,,0,7.91
Is this intersection still surface parking at the corners? I assume they built the stop there because they expected all the corners to be built up soon? |
If ANYTHING develops on those corners the people who lobbied hard for the rail will claim it's TOD, and hence, assets generated by the existence of the rail. This will in turn go into the ROI of the project and justify the need to build more of them. Whether this is a fair assumption is difficult to say, but I'm fairly positive this is why cities will build rail through areas with little/no development, but a whole lot of redevelopment potential.