Innovative Financing Strategies for Transit-Oriented Development
The Metro Transit TOD Office and Baker Tilly, a municipal financial advisory firm, teamed up to host a live panel discussion exploring innovative TOD financing tools and the unique challenges presented by development along transit corridors like the proposed METRO Blue Line Extension.
Following a discussion of the updated 2020 TOD Funding Guide and the Metro Transit Public Parcels Database, the webinar centered on the METRO Blue Line Extension with a Q & A discussion including a panel of developers, city staff and a community organization. The discussion included ideas for funding commercial space, unique combinations of resources and the keys to a successful developer/city/community partnership. Slides from the presentation can be found here.
About the TOD Office
Metro Transit TOD is a one-stop shop for developers and urban planning professionals interested in pursuing or advancing Transit Oriented Development (TOD) in the Twin Cities.
The Metro Transit TOD Office is a branch of the Metropolitan Council and was founded in coordination with the region’s TOD Policy. As part of this policy, the TOD Office works to advance the following goals in all of our work:
1. Maximize the development impact of transit investments by integrating transportation, jobs and housing.
2. Support regional economic competitiveness by leveraging private investment.
3. Advance equity by improving multimodal access to opportunity for all.
4. Support a 21st century transportation system through increased ridership and revenues.
Questions? Please contact the TOD Office.
How can the TOD Office help you?
The TOD Office offers expertise, resources and connections to the Twin Cities and national TOD network.
We strive to be a resource for any TOD-related question or project, large or small, and will connect you to the right property owner, funding opportunities or organization to get you what you need. Additionally, the TOD Office is also equipped to help with:
Resources for TOD planning professionals
If you are a local planner seeking assistance with integrating TOD into your comprehensive plan; understanding the roles of the various levels of government involved in planning and implementing TOD; or in search of local case studies, initiatives and lessons learned; take a look at the Metropolitan Council TOD Guide and related resources.
Welcome to Metro Transit TOD! Click below to learn how WE can help YOU.
What is TOD?
TOD is walkable urban development supported by high quality, frequent transit service. TOD includes a mix of housing, retail, employment, retail and recreational choices, allowing people to live and work in vibrant places with less dependence on a personal car.
TOD plays a vital role in maximizing the impact of transit investments, increasing regional competitiveness and advancing equity and health.
Lucy Galbraith, AICP
Director – TOD
Senior Project Manager
Michael Krantz, PE,
Associate Planner - GIS