A bold plan to develop transit parking lots

Atlanta is a city that is struggling with serious sprawl issues. In an attempt to address that MARTA, the metro area transit authority has decided to turrn under-utilized parking lots into mixed-use commercial and residential buildings.

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"In the long term, MARTA expects such upgrades to result in more riders, which in turn will mean more fare revenue. The big picture outlook also includes nicer public spaces for the city; each project requires a park or a plaza, and 20 percent of all housing must be affordable, says Rhein. MARTA is also looking into air rights development at four downtown stations—Lenox, Arts Center, Midtown, North Avenue—and working with the Urban Land Institute to target TOD opportunities in weaker real estate markets along the system's south and west lines."

Read the rest here.
 
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