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Stories Tagged - transit
News
Nov. 26, 2015 | Joel Schlesinger
The LRT bump
As city plans next phase, new study reveals light-rail transit has positive effect on property prices
Light-rail transit could boost the value of your home. At least that's the general finding of a new study from the University of Calgary.
According to new research obtained exclusively by CREB®Now and completed by Economics master's degree student Laura Dick, LRT line development has had a modestly positive effect on the price of housing located close to stations along new lines in Calgary.
"Properties within zero to 500 metres of a station saw, on average, an increase in sales price of about 1.5 per cent compared to properties that are 2,000 metres or more away from a station," said Dick, whose recently completed work is still to be published in an academic journal.
Light-rail transit could boost the value of your home. At least that's the general finding of a new study from the University of Calgary.
According to new research obtained exclusively by CREB®Now and completed by Economics master's degree student Laura Dick, LRT line development has had a modestly positive effect on the price of housing located close to stations along new lines in Calgary.
"Properties within zero to 500 metres of a station saw, on average, an increase in sales price of about 1.5 per cent compared to properties that are 2,000 metres or more away from a station," said Dick, whose recently completed work is still to be published in an academic journal.
News
Nov. 13, 2015 | Cody Stuart
Five things about the Green Line
With Ward 12 Coun. Shane Keating pushing for provincial funding, Calgary's proposed Green Line is beginning to take small steps forward. Already having received a $1.53-billion commitment from the federal government, and city council already agreeing to fund their share, the push is on to get an application into the Province in time for the spring budget.
With that time fast approaching, CREB®Now digs into some of the facts and figures surrounding the proposed line.
With that time fast approaching, CREB®Now digs into some of the facts and figures surrounding the proposed line.
News
Nov. 13, 2014 | Cody Stuart
Complete streets
New guidelines aimed at encouraging travel by foot, bike and transit
A new policy approved by council could have more Calgarians ditching their daily drive in favour of greener transportation.
Seen as a way of encouraging Calgarians to travel by transit, bike or by walking, the Complete Streets Policy and Guide is expected to "improve both measurable and perceived safety, provide attractive streetscapes, provide transportation options, improve universal accessibility, promote economic well-being of both businesses and residents, and increase civic space" while reducing the total amount of paved space in the city, said council.
A new policy approved by council could have more Calgarians ditching their daily drive in favour of greener transportation.
Seen as a way of encouraging Calgarians to travel by transit, bike or by walking, the Complete Streets Policy and Guide is expected to "improve both measurable and perceived safety, provide attractive streetscapes, provide transportation options, improve universal accessibility, promote economic well-being of both businesses and residents, and increase civic space" while reducing the total amount of paved space in the city, said council.
News
Sept. 24, 2014 | CREBNow
Wheels on the bus
Transit communities provide options for Calgarians on the go
Calgary's evolution as a transit community didn't happen overnight. It just seems that way.
The city's light-rail transit system actually dates back to 1978, when construction began on the south leg, stretching nearly 11 kilometres from Anderson Road to Seventh Avenue. More than three decades later, the system has added three more lines, most recently opening a new $122.9-million Tuscany/Rocky Ridge stop along the northwest Red Line.
Calgary's evolution as a transit community didn't happen overnight. It just seems that way.
The city's light-rail transit system actually dates back to 1978, when construction began on the south leg, stretching nearly 11 kilometres from Anderson Road to Seventh Avenue. More than three decades later, the system has added three more lines, most recently opening a new $122.9-million Tuscany/Rocky Ridge stop along the northwest Red Line.
News
April 17, 2014 | CREBNow
Cyclists on track
CREBNow's three-part series examining the news, community and culture of cycling in the city
With a proposed network of downtown cycle tracks unveiled, Calgary City Council will vote On April 28 to determine whether or not the $11.5 million pilot project will get the go ahead.
City Transportation said the 12-month pilot allows time to study how the new network affects people traveling in areas pegged for cycle tracks, will connect existing pathways so more people can utilize them and will provide the same function and safety as a permanent cycle track would.
With a proposed network of downtown cycle tracks unveiled, Calgary City Council will vote On April 28 to determine whether or not the $11.5 million pilot project will get the go ahead.
City Transportation said the 12-month pilot allows time to study how the new network affects people traveling in areas pegged for cycle tracks, will connect existing pathways so more people can utilize them and will provide the same function and safety as a permanent cycle track would.
