So looking at these three factors--frequency, stops, and transfers--what part of the private sector handles all three best?
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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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...from handling the development themselves, no?
End of conversation
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Amtrak has small concessions within Penn Station, and makes no effort to e.g. encourage office space growth near the station.
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right, so...they think of themselves as a rail company, not as developers--the opposite is viable, both is best
End of conversation
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The private railroads in JP and HK develop real estate to create travel demand and run trains to raise property values.
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