Transit Oriented Development (TOD): The Complexity of TOD Decoded

In the right environment, the TOD model offers project owners, developers and governments an opportunity to deliver modern world-class infrastructure in a more integrated and cost-effective manner. In order to make TODs work, various stakeholders must commit to a collaborative working relationship through every stage of what will be a complex process. They must also retain a strategic long-term view in the face of inevitable shortterm challenges. Finally, in light of the scale and complexity of commercial agreements underpinning the model, they must be able to rely on a robust and mature legislative framework. For this reason, the TOD model is not for everyone – but as more schemes are successful, TOD as a means of efficiently developing infrastructure looks set to grow.

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