Piece on Miami's value capture-funded rail project deserves a read

A recent blog post by Yonah Freemark about All Aboard Florida is well worth the brief time you'll spend perusing the article. The conclusion is worth posting here:

Most U.S. regions are too sprawling, too auto-dominated, or too poor to expect this kind of transit-oriented development to occur simultaneously with new rail or bus links, particularly if that means that the transit agency has to take on some risk that a project will fail financially.