This mindset means that people think about public transit in terms of routes before thinking about it in terms of stops.
no, not the profitability--what I mean is they *need* ownership of their own land (at minimum) to do justice to their rail
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if they were renting their stations, etc, from other landowners they'd be screwed
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Well, if we're talking about station facilities, then every subway in the world owns real estate.
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ya but subways are hardly the only kind of transit out there, you know?
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Very different from the transportation-real estate synergy that exists in Japan and Hong Kong.
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what would you say accounts for the difference?
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American transit providers--even where they DO own real estate--don't think of themselves as developers
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Translink isn't a developer, but encourages TOD on top of its stations, and this has led to high ridership on SkyTrain.
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encouraging development = acting like a developer at one remove; that ridership is good but they could also use the revenue...
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Do they? Tokyo Metro and Toei don't. JR East does, but not much, and it's recent developments.
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Odakyu, Keio, Seibu, Tobu, Keisei, Keikyu, etc...
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where would Tokyo's subways be without those companies too, for that matter
End of conversation
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