COVID news: racial disparities, affordable housing, public transit, safe guarding operators & passengers, serving those in need. NJ: electrifying transport, reopening HBLR stations. Regional/National: fighting NIMBY, climate change, TOD projects, more affordable housing, congestion. International: new station & mixed-use and when zoning doesn’t match up with current needs.
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Hoboken Yard redevelopment plan, Tunnel repairs (delays to come), New hope for Hoboken-Scranton route, DEP land use rules. Redevelopment moratorium in Debary FL, Michigan county transit tax vote, Vision for Park City UT, Plans for Concord Naval Weapon Station reuse, Miami TOD, Sunnyside Yard development. Luxembourg makes transit free.
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Amtrak summer repairs, new development, bike lanes, and more in Jersey City, new train service at Avenel Station, ditching the car to fight climate change, new light rail in Snohomish County, WA, TOD in Atlanta, a fee on cars funds transit in Memphis, multi-modal transit hub in Mumbai, Liverpool funds sustainable transport, East Japan Railway Company goes big on retail, and a new high-rise in Sydney.
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Report link: Climate Investment Opportunities in Cities: An IFC Analysis
In late 2018, the International Finance Corporation (IFC) published the fourth report in its series on climate investment opportunities in developing regions across the globe. This year’s report addresses the opportunities available in urban markets, home to half the world’s population and producers of 70% of global carbon emissions.
This week’s TOD news briefs… selling station air rights, possible Amtrak stop at Secaucus, redevelopment in Fanwood, Paterson, and Somerville. Beyond NJ… density’s role in fighting climate change, suburbanites want urban amenities, Chicago expands its TOD policy, and TOD in the Philippines.
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Sustainability through TOD means reducing auto dependency, restoring transit infrastructure, and recycling urban land.
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