Working Paper

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

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collection.link.213
https://openknowledge.worldbank.org/handle/10986/11866
collection.name.213
Other papers
dc.contributor.author
Salat, Serge
dc.contributor.author
Ollivier, Gerald
dc.date.accessioned
2017-04-19T22:31:05Z
dc.date.available
2017-04-19T22:31:05Z
dc.date.issued
2017
dc.description.abstract
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.
en
dc.identifier.uri
http://hdl.handle.net/10986/26405
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
SUSTAINABLE URBANIZATION
dc.subject
TRANSIT
dc.subject
URBAN TRANSPORT
dc.subject
CITY DEVELOPMENT STRATEGY
dc.subject
GREENHOUSE GAS EMISSIONS
dc.subject
COMMUTING
dc.title
Transforming the Urban Space through Transit-Oriented Development
en
dc.title.subtitle
The 3V Approach
dc.type
Working Paper
okr.date.disclosure
2017-03-27
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Working Paper
okr.docurl
http://documents.worldbank.org/curated/en/647351490648306084/Transforming-the-urban-space-through-transit-oriented-development-the-3V-approach
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b084acc6e2_7_0
okr.identifier.internaldocumentum
27305850
okr.identifier.report
113822
okr.imported
true
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/647351490648306084/pdf/113822-REVISED-4-17-MAIN-3Vapproach-orginal-Enhanc1.pdf
en
okr.topic
Urban Development :: City Development Strategies
okr.topic
Urban Development :: Transport in Urban Areas
okr.topic
Urban Development :: Urban Economic Development
okr.topic
Transport :: Transport Economics Policy & Planning
okr.topic
Transport :: Roads & Highways
okr.unit
GTITR-SEAP (GTI02)

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