Existing Conditions and Needs Assessment – Task 1 will include an inventory of all existing and planned transportation components, land uses, infrastructure, and economic development opportunities along the corridor in order to identify locations with high potential for development and placemaking.
Market Analysis of Districts and Stops – Task 2 will involve developing a custom, market-based, Transit Oriented Development/Economic Development matrix for which station areas have the most potential for development success.
Workforce Housing Plan – Task 3 will focus on finding opportunities for TOD along Maryland Parkway to provide equitable access to affordable and attainable housing. This is a critical piece of helping the Maryland Parkway corridor build a resilient future through transit investment.
Station Area TOD Plans – Task 4 aims to ensure that the Maryland Parkway Corridor and each individual station have their own distinct identity, as well as identify strategies to prevent displacement of existing residents, businesses, and community institutions in each station area.
Value Capture Toolkit – Task 5 will develop a value capture toolkit that indicates the cost recovery and value that TOD and transit helps create and identify current and potential funding and incentive mechanisms.
Performance Measures Template – Task 6 will create a strong system, including a public-facing dashboard to track progress toward implementation of the visions of the Maryland Parkway Station Area TOD Plans. This will enable continued refinement of the implementation process based upon lessons learned over time.