Changing residential housing preferences, the proliferation of mixed-used developments, and the negative effects of unmanaged growth have caused governments agencies to rethink their public policies about land use, urban development, and transportation. Successful land use planning, whether it be for a rural district, downtown high-rise, or suburban market, should be sensitive to socioeconomic shifts, economic opportunities, cultural assets, and surrounding developments.
TXP has successfully helped clients manage the balance between traditional economic development, land use planning, and infrastructure development to ensure overall community prosperity. We believe that efficient land use will stimulate local markets and generate new economic activity. Our team provides in-depth analysis on the connection between tax base enhancement and service cost reduction, and works with communities, state agencies, local governments, universities, and developers to facilitate growth and redevelopment.
TXP has successfully helped clients manage the balance between traditional economic development, land use planning, and infrastructure development to ensure overall community prosperity. We believe that efficient land use will stimulate local markets and generate new economic activity. Our team provides in-depth analysis on the connection between tax base enhancement and service cost reduction, and works with communities, state agencies, local governments, universities, and developers to facilitate growth and redevelopment.
EXAMPLE PROJECTS
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The Charlotte-Mecklenburg Region & New Urban Development
The City of Charlotte, North Carolina
TXP, as part of the Citistates Team, was asked to evaluate and project the economic and fiscal implications of urban planning and implementation in the Charlotte-Mecklenburg region. The team effectively illustrated that sustained economic growth is the product of a variety of interrelated factors, and that the effects of "placemaking" have become increasingly important in that calculus. The study demonstrated that the benefits of smart urban planning outweigh the costs, and that the Charlotte region will be more economically prosperous for implementing these policies.
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The Economic Development Implications of Commuter Rail in Central Texas
Austin-San Antonio Intermunicipal Commuter Rail District
Tasked with evaluating the economic development implications of implementing commuter rail between Austin and San Antonio, TXP built a custom econometric model that determined whether or not this region could support this type of transit system. Specifically, the Austin-San Antonio Corridor was compared to other U.S. regions to determine the likelihood that a rail project would have positive long-term economic impacts on the region.
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I-69 Corridor Study
Texas Department of Transportation
As part of an ongoing project, TXP, in conjunction with I-69/TTC Mobility Partners, is helping to build the Comprehensive Development Agreement and related documents for I-69 between the Mexican border and the Texas-Louisiana border by reviewing and conducting economic analyses necessary to support the RFP and subsequent procurement process.
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The Charlotte-Mecklenburg Region & New Urban Development
The City of Charlotte, North Carolina
TXP, as part of the Citistates Team, was asked to evaluate and project the economic and fiscal implications of urban planning and implementation in the Charlotte-Mecklenburg region. The team effectively illustrated that sustained economic growth is the product of a variety of interrelated factors, and that the effects of "placemaking" have become increasingly important in that calculus. The study demonstrated that the benefits of smart urban planning outweigh the costs, and that the Charlotte region will be more economically prosperous for implementing these policies.
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The Economic Development Implications of Commuter Rail in Central Texas
Austin-San Antonio Intermunicipal Commuter Rail District
Tasked with evaluating the economic development implications of implementing commuter rail between Austin and San Antonio, TXP built a custom econometric model that determined whether or not this region could support this type of transit system. Specifically, the Austin-San Antonio Corridor was compared to other U.S. regions to determine the likelihood that a rail project would have positive long-term economic impacts on the region.
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I-69 Corridor Study
Texas Department of Transportation
As part of an ongoing project, TXP, in conjunction with I-69/TTC Mobility Partners, is helping to build the Comprehensive Development Agreement and related documents for I-69 between the Mexican border and the Texas-Louisiana border by reviewing and conducting economic analyses necessary to support the RFP and subsequent procurement process.
