Guide to Value Capture Financing for Public Transportation Projects
economics - value capture, mode - bus rapid transit, mode - tram/light rail, mode - rail, land use - impacts
Value capture, infrastructure investment, transit
TCRP Research Report 190: Value capture is the public recovery of a portion of increased property and other value created as a result of public infrastructure investment. The report identifies the requirements necessary for successful value creation through transportation infrastructure investment and capturing a portion of that value through specific value capture mechanisms. It includes six case studies that provide practical examples of successful value capture from public transportation investments.
Permission to publish the abstract has been given by Transportation Research Board, Washington, copyright remains with them.
Page, S., Bishop, B., & Wong, W, (2016). Guide to Value Capture Financing for Public Transportation Projects. Transit Cooperative Research Program (TCRP) Research Report 190, pp 1-121. Published by Transportation Research Board of the National Academies, Washington, DC.