Implementing Transit Oriented Development in the Philadelphia Metropolitan Area Transportation and Community and System Preservation Pilot Program (TCSP) SUMMARY INFORMATION Type of Project Request: Planning and Implementation Grant Project Title and Location: Implementing Transit Oriented Development in the Philadelphia Metropolitan Area: Schuylkill Valley Metro (SVM) Corridor Station Area Planning and Implementation; Berks, Chester, Montgomery and Philadelphia counties, Pennsylvania (See attached Study Corridor Map). Organization: Delaware Valley Regional Planning Commission (DVRPC) Key Contact: Richard G. Bickel, Associate Director, Regional Planning Address: The Bourse Building, 111 South Independence Mall East, 8th Floor, Philadelphia, Pennsylvania 19106-2515 Phone/Fax/E-mail: 215-238-2830; 215-592-9125;
[email protected] Grant Request: $893,000 total program cost; $665,600 federal grant request (74.5%) ABSTRACT The proposed project involves a coordinated, cooperative, region wide and focused transit oriented development (TOD) program, encompassing three concurrent components: • A regional Location Efficient Mortgage (LEM) Product. • A regional TOD advocacy and educational support campaign. • A prototype corridor case study to prepare five (5) transit station area plans, TOD regulations, consistent with current and forecasted real estate market conditions, and a concurrent, multi-media and technology-driven public participation process. The proposed project strives to implement TOD principles and induce private sector investment in