5.3. SR 06-14-2010 - Laserfiche WebLink

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QUALIFYING TRANSIT IMPROVEMENT AREA PLANS: A site must meet each of the following criteria in order to qualify for Transit Improvement Area designation. 1. Land parcels must be in close proximity to an existing or proposed transit station. If the application is for a proposed transit station, the transit station must be operational within ten years (year 2020) of receiving designation as a Transit Improvement Area. "Transit station" refers to a physical structure that supports the interconnection ofpublic transit modes. The entire Transit Improvement Area must be within a half mile radius of a transit station supporting at least one of the following modes: a. Bus Rapid Transit (BRT) is an enhanced bus system that operates bus lanes or other transit ways in order to combine the flexibility of buses with the efficiency of rail. By doing so, BRT operates at faster speeds, provides greater service reliability and increased customer convenience. It also utilizes a combination of advanced technologies, infrastructure and operational investments that provide significantly better service than traditional bus service. b. Light Rail Transit (LRT) is generally defined as electric rail cars that operate in short trains. Powered from an overhead wire, LRT can run on exclusive, semi- exclusive or shared alignments, with or without grade crossings, or even in traffic lanes on city streets. c. Commuter Rail is generally defined as passenger train service that operates on existing freight railroad tracks. Commuter rail service primarily operates during "rush" hours. Trains generally run inbound to the city center in the morning and outbound to suburban areas in the evening. 2. A Transit Improvement Area must increase the effectiveness of a transit project by incorporating one or more public transit modes with commercial, residential, or mixed- use development and by providing for safe, pedestrian friendly use. The commissioner possesses the right to modify an applicant's plan in order to better achieve the objectives of Transit Improvement Areas. Applicants will be notified of the designations and any changes (complete with justifications) to the applicants plan. 3. If the Transit Improvement Area plan has a residential component, it must propose at least 12 residential units per acre or a density bonus that allows for an increase in the number of residential units over what is permitted by the underlying zoning. DISCLAIMER: Upon receiving designation, the Department of Employment and Economic Development has no obligation to provide financing to the Transit Improvement Area.