Hillsborough MPO 2035 Plan - TOD & ECONOMIC DEVELOPMENT Video

Will I be able to walk to work or to the store?
Across the county, transit oriented development is becoming a hot topic. TOD, as its often called, is a way to focus growth, while creating attractive, sustainable communities, that encourage walking, biking, and transit usage by focusing many daily activities to one area, residents can enjoy a lifestyle with fewer car trips. TOD gives residents choices when it comes to what kind of house they want to live in, or how they want to get around.
There are plenty of benefits resulting from transit oriented development. Better air quality, preservation of natural areas, walkable communities for pedestrians and cyclists can get around safer and easier, and increased use of public transportation
Investing in the transportation system also brings about economic benefits. In the economic times we are currently facing, that is a welcome statistic. For every dollar thats invested in transit, research shows that as much as $6 is generated in economic returns.
Businesses regularly consider the availability of public transportation when determining where they will relocate or build new facilities. Investing and building and connecting our city centers through multi-modal options is the key economic development objective that is essential to offer the high quality of life that will attract and retain the talented workforce that the City of Tampa, Hillsborough County, and our region needs.
Hillsborough County Transportation Task Force has been addressing these issues for several years. Its critically important that we put together a multi-modal transportation plan that will improve our citizens quality of life and increase our economic development efforts.
Places such as Charlotte, North Carolina and Denver, Colorado have seen significant increases in property values surrounding transit stations due to the increase in commercial property and the economic development opportunities that come with the attraction of living near a major transit hub.