Researchers developed a method for associating travel times and travel costs with transit mobility. In an evaluation of bus–highway system interactions, investigators found that park-and-ride lots and managed lanes put suburban and walk-up urban transit options on equal footing. Bus–highway system interactions improve access to job locations and have improved transit access to job sites by about 20 percent compared to automobile access. When wage-related costs are included, the benefit of automobile use over transit use diminishes significantly.Continue reading Bus–Highway Connections Make Transit More Competitive With Driving
A key finding of the study, which was based on interviews with developers and business leaders, revealed a pent-up demand for transit access in the Twin Cities metropolitan region.
A team led by University of Minnesota researchers Yingling Fan and Andrew Guthrie found that providing a great work location is critical for employers in recruiting highly skilled young professionals who are likely to desire—or demand—urban living and access to transit.
They also found that multifamily residential developers, redevelopment specialists, and large corporate office tenants have a strong interest in transit-accessible sites, but regulatory barriers, cost issues, and uncertainty surrounding future development of transit often discourage both developers and businesses from selecting such sites.