The Calgary Green Line LRT: TOD services and economics

20 new transit nodesconnecting the City from north to south

Strategy for key network nodes,land-use modeling, and zoning

12+ prime opportunitiesfor medium-to-high-density mixed-use TOD

Challenges

Following our business-case analysis and ancillary revenue research, the City is investigating TOD along the new Green Line Light Rail Transit (LRT) corridor.
It's further investigating financial tools, including public-private partnerships, to deliver social infrastructure on large TOD sites.
These social infrastructure elements, like parks and pathways, are crucial to making large development sites around transit vibrant, pedestrian-friendly, and inclusive.
Simultaneously, the City sought Hatch's advice on engaging capital and developer markets to identify incentives that would make development opportunities most attractive.

孵化analyzed development potential, ridership, and community-evolution patterns to produce an optimal go-to-market sales strategy for city-owned land parcels along the Green Line.
The best financing structures for delivering infrastructure assets integrated with TOD were recommended on a site-specific basis.
An investment structure was developed for the City that maximizes its land-value-capture opportunities.
Funding of social infrastructure (i.e., parks and pathways) around priority nodes was identified as a prime objective of TOD.

A market-sounding exercise was organized to help national and regional developers understand the trade-offs necessary to catalyze development and test financial structures for delivering social infrastructure cost-effectively.
A key set of considerations was outlined that the City could use to accelerate development on a site-specific basis.
A full hedonic model was made using parcel data to establish a market context and development strategy.