The Latest Property Trend …Transport Orientated Developments

It’s a term making its way into the South Australian vernacular and unprecedented investment in the State’s transport infrastructure look certain to cement its place.

Transport Orientated Development – or the abbreviated version – TOD.

So what are they? In simple terms a TOD is a purpose built neighbourhood with public transport as its centrepiece. They are a blend of high density residential developments, schools, cafes and a rang of retail and commercial operations serviced by one or more integrated modes of public transport.

Since Roman times communities have been built along trade routes, while the modern day transit orientated development is generally accepted to have risen to have arisen from the ashes of European capitals left in ruins after World War II.

In their reincarnation, Adelaide trams brought inner city suburbs like Norwood and Unley to life. But a love affair with the car and bus has driven urban sprawl and the earliest TODs are now the regular suburbs we know today.

The renewed interest in public transport – especially the second coming of Adelaide’s tram network – and the improved services to be delivered will drive a new wave of development. It will be centred around our major corridors – namely the six metropolitan railway lines (Belair line, Tonsley line, Noarlunga line, Gawler line, Outer Harbor and Grange lines), The Coast to Coast tramline and the O’Bahn busway.

Several sites along these Adelaide transport corridors have potential as TOD’s and indeed a number have already been identified. They include Castle Plaza, Noarlunga, Mawson Lakes, Playford North, Brompton, Glanville, Port Adelaide, and Woodville/Cheltenham.

In time they will be assessed for their suitability for high or medium density housing development complemented by improved public transport. The environmental benefits are there for all to see.

 Transport Orientated Development may not yet roll off the tongue, but we should not be worried if delivering our transport future now goes a little off track.

 This article was adapted and taken from “New Connections’ Publication Issue 4 Winter 2009.

This article is brought to you by Raine & Horne Glenelg – your Glenelg Real Estate Agent and Property Mangement Expert.

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