Washington, DC’s “textbook example” of value capture


This month on Building Better Communities with Transit, our host Jeff Wood talks with Stan Wall of HR&A Advisors about value capture is and the NoMa–Gallaudet U station in Washington, DC. According to Stan, that station is “the most textbook, beautiful example of the possibilities in creating value and leveraging that to extreme positive benefit for a city.”

Transportation

Development-oriented transit: How value-capture launched DC’s newest neighborhood

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The 2013 LOCUS Leadership Summit was held on June 3-5, 2013 in Washington, D.C. A walking tour of NoMa was one of the many items in this year’s agenda.

At certain times of day, competition for an available bicycle can be fierce at the Capital Bikeshare station on the corner of 1st and M Street NE in Washington, D.C. That intersection serves as the unofficial crossroads for the city’s newest and fastest growing neighborhood, NoMa (short for “North of Massachusetts Avenue”), where a building boom is in full swing. On a typical weeknight, the sidewalks of NoMa brim with young professionals, who stop in at the new Harris Teeter grocery store or CVS pharmacy before heading to one of the nearby apartment buildings or the local Metro station. High above, the numerous construction cranes dotting the neighborhood serve as reminder that the frenetic pace of growth in the area shows no signs of slowing.

LOCUS

Final agenda released — Last chance to register for LOCUS Leadership Summit

LOCUS/NoMa

In less than a week, leading smart growth developers and investors from across the country will gather in Washington DC for the second annual LOCUS Leadership Summit. With the Summit fast approaching, now is the last chance to join these leaders, as well as exciting speakers like Slate columnist Matthew Yglesias, Congressman Earl Blumenauer and USDOT Deputy Secretary John Porcari, by registering for this one of a kind event!

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