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Transit Oriented Developments

When completed in 2002, The Village at Overlake Station will showcase a new kind of
transit-oriented community combining workforce housing and a child care
facility built above a Park and Ride Transit Center--the first project
of its kind in the nation. [Full
view,
76KB]
King County's innovative Transit Oriented Development
Program is leading the way in putting housing and jobs near existing
transit hubs as a way to reduce congestion and contain urban
sprawl.
Transit Oriented Development, or TOD, creates a dynamic mix of
commercial development, mixed-income housing, and amenities like day
care centers or libraries that enhance the project's success. It provides opportunities for affordable workforce housing within the
major urban employment and transit corridors, giving residents instant
access to transit and innovative programs such as car sharing and
Flexpasses.
In a recent survey by the Hebert Research
Company, 200 chief executives of Eastside businesses gave their highest
rating to TOD and cited housing as crucial to employee satisfaction and
retention, a key element to maintaining a "business friendly"
environment.
King County now has 10 TOD projects being negotiated,
under construction, or completed. Over the new few years, they are
expected to:
- produce more than 1-thousand units of housing
- create space for more than 27-hundred jobs
- bring more than $8-million to the county and help
us make higher and better use of some of our surplus properties.
Completed
- Northgate North, Seattle:
development of a Target Store next to a Park and Ride lot, with
creation of a new NE 112th Street to provide access to a shared
parking garage.
Under Construction
- Metropolitan Place, Renton: the first project
in the nation that puts housing directly above a park-and-ride
lot and right next to a bus transit center. 90 apartments, 150
new Park and Ride stalls.
- The Village at Overlake Station,
Redmond (pictured above): first in the nation to combine transit
park-and-ride lot with affordable housing and day care. 308
apartments.
Being Negotiated
- Denny Triangle Green Streets, Seattle
- Doces Building, Seattle
- Kent Sound Transit Garage
- Olson-Myers, West Seattle
- Tashiro-Kaplan Building, Seattle
Request for Information
- Burien Park and Ride Lot
- Kent Park and Ride Lot on James Street
Feasibility
Studies Underway
- Brickyard,
Bothell
- Convention Place,
Seattle
- Federal Way: new
Sound Transit parking garage and transit center
- Kenmore: fair
site
- Kent Municipal
Parking Lot, near Sound Transit rail station
- Northgate Transit
Center, Seattle
- Northshore
- Shoreline
- Tukwila: Sound
Transit rail station at Boeing/Longacres
- University
District, Seattle
- Kingsgate,
Kirkland
- downtown Kirkland
- South
Kirkland
- downtown Redmond
- Woodinville
- Issaquah
Highlands Park and Ride Lot
- North Lake Union,
Seattle
TOD also allows the public sector to work with
the private sector to create win-win
projects that benefit the region as a whole, and this Friday, the Fourth
Annual Transit Oriented Development Event is taking place, called "'Doing the
Deal'--Investing in TOD Sites"
Friday, March 30th, at
the Holiday Inn in Renton
Workshop--8 a.m.-noon
Site Tour--noon-3 p.m.
The workshop will give participants a better idea of
available financing tools and provide advice on where to go for
information and potential development partners. It also will tour some "hot" transit-oriented development sites in Renton, Tukwila,
Kent
The workshop is sponsored by King County, Puget
Sound Regional Council, Sound Transit, 1000 Friends of Washington,
Snohomish County, and the cities of Kent, Renton, Seattle and Tukwila.
Registration
Form for "Doing the Deal" workshop
(MS Word 97 file).
For more
information, please contact Carol Chan, King County Office of Regional
Policy and Planning, King County, at (206) 205-0702 or carol.chan@metrokc.gov.
Related links
King County DOT Transit
Oriented Development Program
Puget Sound Regional Council Transit
Station Communities
City of Seattle Link
Light Rail Station Area Planning and Management
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