The future of urban transit stations revolves around transit-oriented development. By making multimodal stations integral to the urban fabric surrounding them, agencies can reverse declining revenue trends.
COVID-19 put a spotlight on longstanding transit issues, but by adopting a new perspective, opportunities emerge to align and prioritize investments and community engagement. The industry can maximize sustainable revenue streams alongside rider fares.
4 keys to reimagining urban station transformation
Stations are the cornerstone for transit-oriented development. To maximize their potential for connecting people and places, there are four focus areas to incorporate into your organization’s short- and long-term plans.
A station can provide capital in many more ways than rider fares. Mobility Oriented Development (MODe) addresses riders’ needs while leveraging additional revenue streams using retail, commercial and housing development. MODe pivots to thinking about stations as an integral part of the urban fabric. What type of nearby stakeholders could benefit from a shared vision and master plan?
One of MODe’s key features is making stations more than places to get from A to B. Destination stations can play a vital role by including the types of places people want to visit on top of providing convenient access to other areas.
Behind-the-scenes digital solutions can drive better customer experiences. Data monitoring and analytics can track an entire system to find the root cause of delays. Advanced analytics can help manage the flow of traffic within a station. Does your station planning incorporate data-driven insights?
While COVID-19 has been an extraordinary challenge for transit agencies, it has also placed a spotlight on industry trends that were already taking shape prior to the pandemic. To build future resilience and sustainability, agencies need to be more agile.
Download Arcadis’ station transformation insight and learn how to build a better understanding of transit agency assets’ value and the potential to capture it through partnerships and other value capture mechanisms.
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