The impact of Bus Rapid Transit on land development: a case study of Beijing, China

Tao-Tao Deng, John Donald Nelson

Research output: Contribution to journalArticle

20 Citations (Scopus)

Abstract

Bus Rapid Transit (BRT) has emerged as a cost-effective transport system for urban mobility. However its ability to stimulate land development remains largely unexplored. The study makes use of qualitative (interview method) and quantitative analysis questionnaire survey and longitudinal analysis of property data) to investigate land development impact resulting from BRT in Beijing, China. The empirical analysis suggests that BRT has a positive impact on the residential and commercial property attractiveness along the busway corridor. The statistical analysis suggests that accessibility advantage conferred by BRT is capitalized into higher property price. The average price of apartments adjacent to a BRT station has gained a relatively faster increase than those not served by the BRT system. The capitalization effect mostly occurs after the full operation of BRT, and is more evident over time and particularly observed in areas which previously lack alternative mobility opportunity.
Original languageEnglish
Pages (from-to)1196-1206
Number of pages12
JournalWorld Academy of Science, Engineering and Technology
Volume66
Publication statusPublished - Jun 2010
EventWASET International Conference on Urban, Regional Planning and Transportation - Paris, France
Duration: 28 Jun 201030 Jun 2010

Keywords

  • accessibility
  • Bus Rapid Rransit (BRT)
  • Beijing
  • property value uplift

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