Redevelopment along arterial streets: The effects of light rail on land use change

Kadek Ayu Vergianti Agustini and Sarah West

Real Estate Economics, 2023, vol. 51, issue 4, 891-930

Abstract: We use difference‐in‐differences approaches and parcel‐level data from Minneapolis to estimate the effects of light rail on land use change using alternate definitions of treatment area. Results using circular buffers corroborate previous findings that light rail has virtually no effect on land use change in our study area. In contrast, light rail increases the likelihood of land use change along arterial streets that cross the line at station areas. To accurately model the effects of public transit projects on urban land use, one must consider how potential riders access station areas, rather than assuming accessibility improves radially around a station.

Date: 2023
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https://doi.org/10.1111/1540-6229.12407

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