Transportation and Land Value

OK, slightly geeky, but still interesting…

Topic: Transport, Land Use, and Value

Abstract: This presentation considers co-evolutionary process between the development of land and transport networks. Using data from the rail and Underground in London and the streetcar system in the Twin Cities, the empirical relationship is established statistically under several different contexts, and hypotheses about the positive feedback nature of the interaction are tested. Using insights from empirical observation, a numerical simulation is constructed to more formally test the relationship, and to understand the extent to which allowing networks to vary in response to land use (and land use to vary in response to network) affects the spatial organization of each. Models of network growth which fix land use, and models of land use which fix network growth, underestimate the degree of hierarchy that emerges in the system. Given transportation creates land value, and recognizing the problem of underfunding transport infrastructure, new funding sources can be used to increase transport investment, create additional land value, and improve social welfare.

Portland State University
Center for Transportation Studies
Spring 2009 Transportation Seminar Series

Speaker: David Levinson
Associate Professor in the Department of Civil Engineering at the
University of Minnesota and Director of the Networks, Economics,
and Urban Systems (NEXUS) research group

Topic: Transport, Land Use, and Value

When: Friday, April 3, 2009, 12:00 – 1:00pm

Where: PSU Urban Center Building, SW 6th and Mill, Room 204

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