At a recent Urban Land Institute conference, the head of global developer Tishman Speyer shared his thoughts on where value is being created in the modern real estate market:
The time may be coming when transportation has a greater effect on real estate than interest rates
- Rob Speyer, President and CEO, Tishman Speyer
It's nice to see an outspoken industry leader speak so highly of buses!
Full disclosure, I'm a longtime member of ULI's Transit-Oriented Development product council and we speak highly of transit quite often.
Ian Carlton is a transportation and land use expert specializing in transit-oriented development (TOD). He helps clients - including transit agencies, planning departments, and landowners - optimize real estate development around transit.
Special thanks to Burt Gregory at Mithun for permission to use the Portland Streetcar image above.