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Tag: TODs

WHY ENTITIES LIKE SEPTA MAY USE PUBLIC-PRIVATE PARTNERSHIPS IN CREATION OF TRANSIT ORIENTED DEVELOPMENTS

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Public Construction Projects on Mar 4, 2013.

The Southeastern Pennsylvania Transportation Authority (“SEPTA”) recently released its annual report focusing on the theme of sustainability, aptly titled “SEP-TAINABLE”. In that report, SEPTA commits to partnering with developers, municipalities, and other organizations to invest in various Transit-Oriented Development (“TOD”) projects, which are high-density mixed-used development projects within a half mile of public transportation. Specifically, SEPTA announced that it intends to engage in one TOD per year.

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