Metro’s TOD Program has built a strong foundation as a successful tool for implementing transit-oriented development and the broader 2040 Growth Concept. But there are opportunities to strengthen and refine existing program activities, and to explore the potential for new activities that continue to meet the evolving needs of the region. The following recommendations seek to position the TOD Program as a key implementation tool, while also broadening the partnerships and ensuring the outcomes of program investments maximize the benefits of Metro’s funds by leveraging additional resources.
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Recommendation Category |
Identified TOD Investment Strategies |
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A. Non-capital investments |
Education / Technical Assistance / Resource Provision |
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Station Area Planning |
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Implementation and Pre-development Studies |
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B. Public Infrastructure |
Infrastructure and Public Amenity Improvements |
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C. Transit-oriented real estate development and TOD Grants |
Catalytic Market-Rate TOD Projects |
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Equitable TOD |
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Urban Living Infrastructure |
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Employment Uses |
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D. Property Acquisition and land banking |
Land Acquisition |
These recommendations are intended to provide Metro staff with a menu of possible actions to pursue depending on whether new financial resources can be secured, and whether these actions would help achieve TOD readiness by catalyzing change and leveraging related programs falling under the purview of other public agencies.
To support the Program in expanding its existing activities and exploring the potential for new areas of TOD implementation, this section makes recommendations for ways to modify and expand the scope of the TOD Program by leveraging new funding sources, in order to meet the significant needs for TOD investment identified in previous chapters. The recommendations include lessons learned from the experiences of other MPOs or COGs that are relevant to Portland Metro. This section organizes activities into four major categories that are generally distinguished from one another based on funding and financing resources:
- Non-capital investments including planning, education & implementation/predevelopment studies;
- Public infrastructure including access, utility and amenity improvements;
- Transit-oriented real estate development projects and TOD Grants ; and
- Property acquisition and land banking.
These categories address the activities identified and discussed in Chapter 3 as follows:
