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Introduction <br /> improved access, visibility and traffic resulting from the transit <br /> # station can provide the additional help that a developer needs to <br /> make a difficult project feasible. The public benefits from Station <br /> iNeighborhood redevelopment include more efficient use of <br /> - existing infrastructure, an increase in property taxes and greater <br /> community stability. Owners near the site benefit through <br /> -T- increased values for their properties. Transit riders gain increased <br /> convenience and a more pleasant commuting experience. <br /> Finally, public investment in transit infrastructure gives a strong <br /> signal of the level of commitment to a transit corridor. <br /> More Consumer Choices <br /> The principles of compact development address many of the <br /> needs of our region's expanding population of elderly, singles, <br /> single-parent households,"empty-nesters," and members of other <br /> demographic groups. Opportunities exist within these pedestri- <br /> an-friendly communities for a wider variety of housing types <br /> and prices and increased mobility for the young, elderly and dis- <br /> abled. In addition, development near transit provides people <br /> with the cost-saving option of not having to use a car or pur- <br /> chase a second car. <br /> Improved Environmental Quality <br /> Transit-supportive development provides the opportunity to <br /> refocus growth away from open space and farmland. This shift <br /> reduces somewhat the amount of land consumed by develop- <br /> ment,preserves open space and protects air and water quality. In <br /> - Station Neighborhoods, compact development makes walking, <br /> ..=t� bicycling and transit a more efficient and desirable means of trav- <br /> el. The use of transit rather than private autos further reduces <br /> the need for vehicle trips, resulting in lower emissions, which <br /> benefits air quality. <br /> Enhanced Retail Business Opportunities <br /> Commuter rail can provide a boost to retail and service business <br /> opportunities in the immediate vicinity of transit stations. <br /> Although the consumer traffic from the commuter rail system <br /> will not support a business all by itself, it will add to many busi- <br /> nesses that are supported by other factors. <br /> • <br /> Station Neighborhood Development Guidelines 4 Northstar Corridor Development Authority <br />