Developing investment framework to plan and coordinate public investments
The METRO Green Line (formerly called the Central Corridor) connects Minnesota’s two largest communities. We worked closely with senior staff in Minneapolis and St. Paul to develop a Transit Oriented Development (TOD) investment framework to coordinate and plan public investments, such as pedestrian connections and streetscape enhancements, to help further drive private TOD investments.
Not an easy task—the 11 mile corridor along the busy University Avenue spans two counties and two cities and falls under the jurisdiction of several state and regional agencies. We assembled a detailed inventory of all potential improvement projects along the corridor. The team reviewed more than 35 community based plans and identified more than 500 potential improvement projects representing nearly $500 million in potential public investment and more than $6 billion in potential private investment.
We then put our experience to work, linking engineering know-how with community visioning to develop a compelling, yet realistic framework. This analysis produced a clear understanding of the potential costs and benefits associated with the projects.
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