TIF

New generation of transit hubs redefining train stations’ place in communities

By Bill Holloway Whereas the grand train stations of yesteryear were monuments to transportation with their soaring cathedral-like ceilings, huge open spaces, and rows of wooden benches – today’s transit hubs have both a new aesthetic and role in their communities. They often link multiple

Value capture fuels transit expansion in Charlotte area

State and local transit planners in North Carolina are looking at a plan that combines two forms of value capture in order to construct and operate commuter rail running north from Charlotte. The plan, made public in December, would rely both on tax-increment financing (TIF) and special