The inclusion of the multifamily-near-T-stops mandate at 15 units/acre could actually be quite transformative, potentially much more so than garden-variety Housing Choice. Here's why: https://twitter.com/stephmsolis/status/1346748927861731328
In 2019, @Data_Hopper and his team did a pretty thorough analysis of T stops ( https://www.mhp.net/news/2019/todex-research-brief) and found a density increase to just 10 units/acre w/in 1/2 mile of subway and CR stops would mean another 253K homes.
For comparison, estimates of new units needed range from 135K btw 2018 & 2025 (Baker admin goal), 165K btw 2016 & 2030 (Metro Mayors goal) and 320K btw 2010 & 2025 (2019 Greater BOS Housing Report Card). It is generally acknowledged we aren't there but a long shot.
So, depending on how aggressively @MassEOHED writes the guidelines that will determine how much multifamily rezoning is enough per MBTA stop (the bill's language is a bit squishy) and how quickly towns must move, we could be seeing a lot of redevelopment potential.
With the inclusion of $400M in the transpo bond bill to start electrifying the @MBTA_CR, I'm curious just how optimistic TOD-focused developers, regional planners and transit activists are this morning.
ALSO, can we take a minute to thank @stephmsolis, @deehan, @MattPStout, @SHNSMurphy, and all the other reporters (and their editors!) who endured last night's legislative scrambling to keep us informed?
You can follow @JamesSanna.
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