The trend toward transit oriented development is clear. And of course, retail development is a big part of TOD.
Developers and retail operators are attracted to TOD’s higher densities, robust rental rates, market values, and successfully meeting the changing desires of residents, commuters, and shoppers.
At Wells + Associates, we have played a leading role in the continuing transition of Tysons Corner, Virginia from an “edge city” to its future as a transit-oriented development through engineering, planning, and marketing modernized transportation choices. Our infographic sums up the attractiveness of TOD for real estate developers.