Transit

Oriented Development

Unlocking transit financing with TOD

Magnovate networks offer more ways for rail owners to create and capture value from TOD. No other tool supports increased transit ridership and increased land values around transit infrastructure to the same extent.

TOD Benefits

High ROI

Office buildings with access to transit rent for up to 80% more and have lower vacancy rates

Congestion Reduction

30-50% reduction in per capita annual congestion delay versus auto dependent communities

Energy Conservation

TOD residents consume 20-40% less transportation energy

Lower Infra Cost 

Densification eliminates expansive utilities required for suburban sprawl

Consumer Savings 

Thousands of dollars saved annually per household from riding transit instead of owning a car

Time Savings 

Retail shops and restaurants are all within walking or bicycling distance.

Improved Planning Process

For most transit planners TOD objectives are an afterthought. As a consequence, real estate developers show up to find that transit stations are in areas that are not suitable for real estate development. We work with our clients to ensure that alignments are planned to maximize TOD.

More TODs

Traditional rapid transit vehicles must stop and start at each station. Transit planners minimize the number of stations (i.e. TOD opportunities) on alignments because each stop slows down travel times. Magnovate networks allow many more TODs without sacrificing network speed.

Larger TOD

Influence Zones

More

ridership revenue

More affordable

housing options

Higher Value TODs

Rapid transit benefits such as travel time savings and reliability improvements are reflected in land values around stations, just like ocean front property is worth more. Magnovate’s fast, on-demand service translates into higher land values. Silent operation ensures that value is preserved, unlike traditional rail.

Higher Density

Magnovate’s high speeds and nimble footprint provides planners with more options to design alignments that intersect with vacant land. Because vacant land permits higher density and better quality space these communities attract more residents and, therefore, generate more tax revenue to offset construction cost and operating expenses.

The additional revenue that cities earn from TOD is generated within the TOD influence zone – the area people are willing to walk to transit stations (500-800 meters). Magnovate networks can increase the TOD influence zone 10 fold by enabling local area networks.

By enabling communities that support higher populations and offer more amenities, TOD’s serviced by Magnovate networks will generate more ridership revenue because TOD residents tend to be the most ardent users of mass transit.

Magnovate networks can extend the commuting radius of a city by 100 miles, enabling the creation of affordable medium density ‘solar satellite communities’ which offer the benefits of living in the countryside while providing easy access to jobs in the city.

7 ways Magnovate improves value creation and value capture from TOD

More ridership revenue

Larger TOD Influence Zones

More affordable housing options

More affordable housing

options

Why TOD?

Cities are responsible for 75 percent of global CO2 emissions, with transport and buildings being among the largest contributors. Transit oriented development offers a robust solution to climate change and global energy security by creating dense, walkable communities that greatly reduce the need for driving and energy consumption.