Transit-Oriented Development
Definition
Compact, mixed-use development near public transit stations designed to increase ridership and reduce car dependence. Includes housing, retail, offices within walkable distance of bus or rail.
Louisville Context
Louisville is heavily car-dependent with sprawling development far from TARC routes. Transit-oriented development would concentrate new apartments, shops, and offices near high-frequency bus lines, making car-free living possible. Benefits include: reduced traffic, lower household transportation costs (currently $10,000+/year for car ownership), increased TARC ridership, walkable neighborhoods, and environmental benefits.
Why It Matters
Car ownership is the second-largest household expense after housing. Low-income families spend 20-30% of income on car payments, insurance, and gas. Transit-oriented development makes car-free living viable, saving families thousands annually while reducing traffic and emissions.
Dave’s Proposal
Incentivize transit-oriented development by fast-tracking permits and offering density bonuses for projects within 1/4 mile of frequent TARC routes. Require affordable housing component.