Transforming the Urban Space through Transit-Oriented Development : The 3V Approach

Imagine a city that is more competitive, with higher-quality neighborhoods, lower infrastructure costs, and lower C02 emissions per unit of activity. This city has lower combined transportation and housing costs for its residents than other cities...

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Main Authors: Salat, Serge, Ollivier, Gerald
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/647351490648306084/Transforming-the-urban-space-through-transit-oriented-development-the-3V-approach
http://hdl.handle.net/10986/26405
id okr-10986-26405
recordtype oai_dc
spelling okr-10986-264052021-06-14T10:09:17Z Transforming the Urban Space through Transit-Oriented Development : The 3V Approach Salat, Serge Ollivier, Gerald SUSTAINABLE URBANIZATION TRANSIT URBAN TRANSPORT CITY DEVELOPMENT STRATEGY GREENHOUSE GAS EMISSIONS COMMUTING Imagine a city that is more competitive, with higher-quality neighborhoods, lower infrastructure costs, and lower C02 emissions per unit of activity. This city has lower combined transportation and housing costs for its residents than other cities at similar levels of economic activity. Its residents can access most jobs and services easily through a combination of low-cost public transport, walking and cycling. Its core economic and population centers are resilient to natural hazards. It is able to finance improvements to public space, connectivity, and social housing by capturing value created through integrated land use and transport planning. Such a vision has never been more relevant for rapidly growing cities than it is today. Transit-oriented development (TOD) can play a major role in achieving such a vision. Based on an observation of methodologies applied in different countries, the World Bank's Community of Practice on Transit Oriented Development has developed a methodology called the 3 Value (3V) Framework, which outlines a typology to facilitate TOD implementation at the metropolitan and urban scale in various contexts. The 3V Framework equips policy and decision makers with quantified indicators to better understand the interplay between the economic vision for the city, its land use and mass transit network, and urban qualities and market vibrancy around its mass transit stations. This book provides examples of approaches taken by cities like London and New York to align their economic, land use, and transport planning to generate jobs and high value. We hope this book will help readers develop a coherent vision, policies, and strategy to leverage the value created through enhanced connectivity and accessibility and make cities even more appealing places to live, work, play and do business. 2017-04-19T22:31:05Z 2017-04-19T22:31:05Z 2017 Working Paper http://documents.worldbank.org/curated/en/647351490648306084/Transforming-the-urban-space-through-transit-oriented-development-the-3V-approach http://hdl.handle.net/10986/26405 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic SUSTAINABLE URBANIZATION
TRANSIT
URBAN TRANSPORT
CITY DEVELOPMENT STRATEGY
GREENHOUSE GAS EMISSIONS
COMMUTING
spellingShingle SUSTAINABLE URBANIZATION
TRANSIT
URBAN TRANSPORT
CITY DEVELOPMENT STRATEGY
GREENHOUSE GAS EMISSIONS
COMMUTING
Salat, Serge
Ollivier, Gerald
Transforming the Urban Space through Transit-Oriented Development : The 3V Approach
description Imagine a city that is more competitive, with higher-quality neighborhoods, lower infrastructure costs, and lower C02 emissions per unit of activity. This city has lower combined transportation and housing costs for its residents than other cities at similar levels of economic activity. Its residents can access most jobs and services easily through a combination of low-cost public transport, walking and cycling. Its core economic and population centers are resilient to natural hazards. It is able to finance improvements to public space, connectivity, and social housing by capturing value created through integrated land use and transport planning. Such a vision has never been more relevant for rapidly growing cities than it is today. Transit-oriented development (TOD) can play a major role in achieving such a vision. Based on an observation of methodologies applied in different countries, the World Bank's Community of Practice on Transit Oriented Development has developed a methodology called the 3 Value (3V) Framework, which outlines a typology to facilitate TOD implementation at the metropolitan and urban scale in various contexts. The 3V Framework equips policy and decision makers with quantified indicators to better understand the interplay between the economic vision for the city, its land use and mass transit network, and urban qualities and market vibrancy around its mass transit stations. This book provides examples of approaches taken by cities like London and New York to align their economic, land use, and transport planning to generate jobs and high value. We hope this book will help readers develop a coherent vision, policies, and strategy to leverage the value created through enhanced connectivity and accessibility and make cities even more appealing places to live, work, play and do business.
format Working Paper
author Salat, Serge
Ollivier, Gerald
author_facet Salat, Serge
Ollivier, Gerald
author_sort Salat, Serge
title Transforming the Urban Space through Transit-Oriented Development : The 3V Approach
title_short Transforming the Urban Space through Transit-Oriented Development : The 3V Approach
title_full Transforming the Urban Space through Transit-Oriented Development : The 3V Approach
title_fullStr Transforming the Urban Space through Transit-Oriented Development : The 3V Approach
title_full_unstemmed Transforming the Urban Space through Transit-Oriented Development : The 3V Approach
title_sort transforming the urban space through transit-oriented development : the 3v approach
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/647351490648306084/Transforming-the-urban-space-through-transit-oriented-development-the-3V-approach
http://hdl.handle.net/10986/26405
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