Tuesday, October 14, 2014

More Transit-Oriented Development

Seattle is one of the top-ranked cities in the country for alternative modes of transportation. 

The Accessibility Observatory at the University of Minnesota recently compiled in-depth transit commute rankings based on how easily jobs could be reached. Seattle comes in as the 8th-best city for commuting by public transit. Seattle ranked sixth when the rankings were focused on number of jobs reached by public transit within ten minutes. The study also published a zoomable map of Seattle's job accessibility.

In addition, hundreds more bicycles will be on the streets of some Seattle neighborhoods now as the Pronto bike-share system launches. The city, as part of its bicycle master plan, plans to add more than 400 miles of cycling facilities to its existing 135-mile network over the next 20 years. Residents and visitors will be able to rent bikes from one of the several dozen Pronto Cycle Share kiosks in the University District, Eastlake, South Lake Union, Belltown, Downtown, Pioneer Square, Chinatown/International District, Capitol Hill, and First Hill neighborhoods. 

All of these developments bode well for Transit Oriented Development (TOD), such as my artist live/work apartment complex slated for development at Seattle's Rainier Beach Light Rail Station.

Happy investing! 

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