Successful public transit systems increase the value of locations they serve. Capturing this location value to help fund transit is often sensible, but challenging. This article defines location value capture, and synthesizes lessons learned from six European and North American transit agencies that have experience with location value capture funding. The opportunities for and barriers to implementing location value capture fall into three categories: agency institutional authority, agency organizational mission, and public support for transit.
Download count: 0
- Digital object identifier: 10.1177/1078087417715523
Citation and reuse
Cite this item
This is a suggested citation. Consult the appropriate style guide for specific citation guidelines.
Salon, D., Sclar, E., & Barone, R. (2017). Can Location Value Capture Pay for Transit? Organizational Challenges of Transforming Theory into Practice. Urban Affairs Review, DOI: 10.1177/1078087417715523