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TOD and micromobility in infrastructure projects

Read about the impact of microbility on property development.
Close up hands of engineer working drawing on blueprint meeting for project working with partner on model building and engineering tools in working site
© Freedomtumz via Envato Elements.

As we have seen, transportation trends around cars and other means, have played, and continue to play, a major role in real estate and future urban developments.

The shifts in thinking around urbanity and accessibility now require transport planners and developers to reassess their tactics.

Whether you’re developing a residential, commercial, or mixed-use property, the increased movement toward urban micromobility will continue to shape cities and towns across the world for decades. Real estate developers who anticipate this trend and design today’s properties with micromobility in mind will have the most desirable properties on tomorrow’s market.

Three key areas need to be considered when planning and managing real estate development to support micromobility whilst avoiding the risk of infrastructure project failure.

Onsite storage for bikes and scooters

Image by pro_creator via Envato Elements.

As a developer, you have the opportunity to design and designate a specific area of the property for micromobility storage. This has the added benefit of being cost effective because you will be able to fit a lot of compact vehicles into a small space.

Supporting the addition of bike lanes on and through your property

While putting up bike lanes is the business of cities or municipal governments, it is important to advocate for these amenities as a developer. Your voice helps to determine the character of the neighbourhood and properties near bike lanes are increasing in demand.

Invest in charging infrastructure

Ensuring residents have access to dedicated charging stations. Charging areas not only add value to the property but can double as storage sites, providing two micromobility benefits at once. Additionally, they offer the possibility of selling back excess power to your local power grid, which benefits both the environment and building ownership.

Investing in micromobility infrastructure can help to ensure future micromobility trends work to the advantage of your infrastructure projects as much as they do your residents.

© RMIT Europe and EIT Urban Mobility
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Urban dynamics: Spatial Accessibility and Real estate

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