It may not occur to you, when you walk from the bus stop to your office, that you are taking part in a form of “multimodal” transportation. Again, if you get off the train in Minneapolis and pick up a Nice Ride (bicycle) for a tour of Nicollet Island with visiting friends, you are taking
So, the government knocks on your door and says, “We’d like to locate a transit station on your property.” Access to transit and workers who use transit is usually a boon to an employer or commercial property owner, if you can navigate the potential pitfalls and risks associated with transit leases, easements, funding, management, operations
Depending on your politics, you may regard transit investment and transit-oriented development (TOD) as “government boondoggle” or “essential building blocks” for livable communities. Setting aside politics for a moment, let’s look at what TOD is and what it can do for a developing community or region.
At its core, TOD is urban development that harnesses
Property owners and lawmakers joined forces last month in an attempt to reverse the erosion of property rights in Wisconsin which resulted from two landmark decisions, one issued by the U.S. Supreme Court and the other issued by the Wisconsin Supreme Court. In Murr v. Wisconsin, the highest court in the land sided with
What happens if you are a commercial property owner located in the metropolitan area and you haven’t had a bite on your vacant land for months, maybe even years. Along comes a multifamily buyer who offers you a good price for your property. You might consider multifamily the highest and best use of your property