Transit Oriented Development (TOD) has emerged as the most substantial development trend of the early 21st century, according to real estate experts.
This is especially exciting as the Expo Line train connecting Santa Monica with Downtown Los Angeles is scheduled to be completed in 2015.
Releasing a new report exploring the consequences of rapid population growth in ten major North American cities, Cushman & Wakefield’s industry-leading Americas Research group noted that the majority of new commercial development, as well as residential development, in metro areas today is transit oriented.
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