In the Press

More Than Transit-Oriented Development

The most successful transit-oriented development (TOD) projects generate private investment in capital projects that are well in excess of the public investment in the transportation component. Recently, a public-private partnership led by Amtrak, Brandywine Realty Trust, Drexel University, and Southeastern Pennsylvania Transportation Authority (SEPTA) initiated development of a comprehensive district plan for a 215-acre area around Philadelphia’s 30th Street Station, creating an unfrequented opportunity for future development around this landmark station on Amtrak’s Northeast Corridor that is also used by SEPTA and NJ Transit.