TOD development in theory and practice: The case of Albion Mill

Huston, Simon, Darchen, Sebastien and Ladouceur, Emma (2012). TOD development in theory and practice: The case of Albion Mill. In: Proceedings from the PRRES Conference - 2012. 18th Annual Pacific-Rim Real Estate Society Conference, Adelaide, Australia, (1-11). 15-18 January 2012.

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Name Description MIMEType Size Downloads
Author Huston, Simon
Darchen, Sebastien
Ladouceur, Emma
Title of paper TOD development in theory and practice: The case of Albion Mill
Conference name 18th Annual Pacific-Rim Real Estate Society Conference
Conference location Adelaide, Australia
Conference dates 15-18 January 2012
Proceedings title Proceedings from the PRRES Conference - 2012
Place of Publication Adelaide, Australia
Publisher Pacific Rim Real Estate Society (PRRES)
Publication Year 2012
Sub-type Fully published paper
Open Access Status
Start page 1
End page 11
Total pages 11
Collection year 2013
Language eng
Abstract/Summary In the face of population, energy and competitive pressures, cities face considerable challenges. Transport Orientated Development (TOD), in a variety of formats, is seen as one solution. TODs are compact, walkable precinct, centred on train or other public transit systems, which cut traffic congestion but also enhance ‘place identity’. However, a conjunction of factors can scuttle timely TOD implementation in practice. First, TODs often struggle to resolve the tension between human-scale form and increased logistical function. Second, TODs are expensive to construct because engineering for connectivity and aesthetic interfaces is not cheap. Finally, institutional constraints often prevent TOD ‘self-actualisation’. Fragmented planning and state bureaucracies suffer from, if not malfeasance, then competing objectives and local resistance. Searching for pathways through the conceptual, financial and institutional bottlenecks, we conduct a brief review of some TOD literature and the Australian backdrop before an extended case study of FKP’s troubled Albion Mill TOD project on Brisbane’s north side. Challenging financial conditions, more appealing competitive projects compounded inherent project TOD concerns. Specifically, its isolated implementation would leave significant TOD logistical and place making neighbourhood deficiencies. We sketch two alternate TOD realisation pathways to spread risk: retention and re-configuration with uplift advocacy or, alternatively, a more formal outsourcing of risk via a special purpose vehicle or a ‘TOD corporation’. These twin strategic solutions are generally applicable to all TOD projects.
Keyword Transport Orientated Development
Special purpose vehicle
TOD Corporation
Q-Index Code E1
Q-Index Status Confirmed Code
Institutional Status UQ

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Created: Wed, 02 Nov 2011, 11:02:01 EST by Sebastien Darchen on behalf of School of Geography, Planning & Env Management