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Urban rail investment and transit-oriented development in Beijing: Can it reach a higher potential?

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Listed:
  • Yang, Jiawen
  • Quan, Jige
  • Yan, Bin
  • He, Canfei

Abstract

As a response to severe urban congestion, megacities in China have sped up investment in urban rail transit. How effective urban rail investment and relevant planning activities can attract development in China’s megacities has rarely been studied. Using eight years’ land transaction data in Beijing (2004–2011), this research finds that the market environment in general supports higher density development around transit stations. However, relevant land market regulations and planning practices may prevent the development outcome from reaching its market potential. City governments should adjust existing planning and policy efforts, including more transparent and open process for station location selection, a better articulated investment program that improves transit service, social service and infrastructure quality in suburbs, a shift toward transaction modes of more competition, and a development guidance that grants density bonus to projects closer to metro stations.

Suggested Citation

  • Yang, Jiawen & Quan, Jige & Yan, Bin & He, Canfei, 2016. "Urban rail investment and transit-oriented development in Beijing: Can it reach a higher potential?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 89(C), pages 140-150.
    • Handle: RePEc:eee:transa:v:89:y:2016:i:c:p:140-150
    DOI: 10.1016/j.tra.2016.05.008
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    9. Li, Jianyi & Huang, Hao, 2020. "Effects of transit-oriented development (TOD) on housing prices: A case study in Wuhan, China," Research in Transportation Economics, Elsevier, vol. 80(C).
    10. Wang, Jinshuo & Samsura, D. Ary A. & van der Krabben, Erwin, 2019. "Institutional barriers to financing transit-oriented development in China: Analyzing informal land value capture strategies," Transport Policy, Elsevier, vol. 82(C), pages 1-10.
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    13. Li, Zekun & Han, Zixuan & Xin, Jing & Luo, Xin & Su, Shiliang & Weng, Min, 2019. "Transit oriented development among metro station areas in Shanghai, China: Variations, typology, optimization and implications for land use planning," Land Use Policy, Elsevier, vol. 82(C), pages 269-282.
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