Can location value capture pay for transit?: Organizational challenges of transforming theory into practice (Record no. 511054)

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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Salon, Deborah
245 ## - TITLE STATEMENT
Title Can location value capture pay for transit?: Organizational challenges of transforming theory into practice
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc Urban Affairs Review
Date of publication, distribution, etc 2019
300 ## - PHYSICAL DESCRIPTION
Extent 55(3), May, 2019: p.743-771.
520 ## - SUMMARY, ETC.
Summary, etc Successful public transit systems increase the value of locations they serve. Capturing this location value to help fund transit is often sensible, but challenging. This article defines location value capture and synthesizes lessons learned from six European and North American transit agencies that have experience with location value capture funding. The opportunities for and barriers to implementing location value capture fall into three categories: agency institutional authority, agency organizational mission, and public support for transit. When any of these factors is incompatible with a location value capture strategy, implementation becomes difficult. In four of the cases studied, dramatic institutional change was critical for success. In five cases, acute crisis was a catalyst for institutional change, value capture implementation, or both. Using value capture strategies to fund transit requires practitioners to both understand agency organizational constraints and view transit agencies as institutions that can transform in response to changing situations. - Reproduced.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Public finance
9 (RLIN) 10063
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Sclar, Elliott
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700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Barone, Richard
9 (RLIN) 10065
773 ## - HOST ITEM ENTRY
Main entry heading Urban Affairs Review
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP Organisation
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme
Item type Articles

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