development of TOD. As urbanization accelerates and
people’s requirements for quality of life increase,
changes in market demand not only drive the continued
development and innovation of the TOD model but also
influence the planning and implementation of TOD
projects. Specifically, these changes have prompted the
TOD model to evolve from its initial focus on transit-
oriented integrated property development to a more
comprehensive approach that includes residential,
commercial, hotel, and office functions, to meet the
diverse needs of the market.
Changes in market demand influence urban
transportation and land use patterns, thus driving the
evolution of the TOD model.
Amidst issues such as traffic congestion,
environmental pollution, and excessive consumption of
land resources during urbanization, the TOD model
emerged. Promoting high-density development around
public transit stations optimizes urban spatial layouts to
enhance land use efficiency and reduce reliance on
private vehicles, thereby alleviating urban traffic
pressures and promoting sustainable development.
Changes in market demand are also reflected in the
need for urban space functionality and mixed-use
developments. As people's requirements for quality of
life increase, urban spaces are no longer just about
meeting basic residential and work needs but are
evolving toward more diversified and integrated
directions. The TOD model achieves comprehensive
urban space utilization by planning commercial,
residential, educational, cultural, and other facilities
around public transit stations, catering to the diverse
lifestyle needs of citizens. This is particularly true in
rapidly urbanizing metropolises that face challenges
such as traffic congestion and environmental pressures.
Below are some specific examples of TOD
implementations:
Shibuya Station is a major transportation hub in
Tokyo, connecting multiple subway lines and JR railway
lines. Surrounding the station, there are numerous
commercial facilities, office buildings, hotels, and
residential areas. This highly integrated development
allows residents to complete a variety of activities such
as working, shopping, and entertainment within a
relatively compact area.
Metrotown in Burnaby is a successful example of a
TOD project. It has developed a dense residential area, a
large shopping mall, office buildings, and public green
spaces around the SkyTrain station. This area has
become a secondary downtown core within the Greater
Vancouver region, offering a wide range of services and
amenities to local residents.
The Hongqiao Hub is a comprehensive
transportation center that includes a high-speed rail
station, airport, and subway station. Surrounding the hub
are upscale office buildings, hotels, commercial centers,
and residential areas. Such planning not only facilitates
travel for people but also brings vitality to the
surrounding areas, promoting the overall development
of the region.
Originally an old port area, Canary Wharf has been
redeveloped into a major financial district in London. It
boasts excellent transportation connections, including
the underground, light rail, and water buses. The area is
surrounded by numerous office buildings, apartment
complexes, retail stores, and restaurants, forming a
vibrant urban community.
These examples demonstrate how the TOD model,
through the integration of multifunctional spaces,
provides urban residents with convenient travel options
while also enhancing their quality of life. By combining
work, living, leisure, and other functions, the TOD
model helps create more livable and sustainable urban
environments.
Additionally, changes in market demand have driven
the iterative upgrade of the TOD model. From the initial
simple station model to the later “station, city, and
people integration” model, the appeal of TOD projects
has evolved from merely “metro” (development above
metro stations) to a more diverse approach. This
evolution not only addresses urban transportation issues
but also places greater emphasis on meeting people’s
needs, enhancing the convenience and comfort of urban
living.
As land resources in city core areas become scarce
and development costs increase, TOD projects are
expanding to the outskirts of cities. By optimizing
transportation networks and improving land use
efficiency, these projects aim to meet the market demand
for low-cost, high-quality living environments. Changes
in market demand also drive TOD projects to focus more
on human-centric, intelligent, and environmentally
friendly designs and operations, enhancing their market
competitiveness. With the growing demand for
integrated and comprehensive services, the TOD model
is shifting from “single-station development” to
“regional integration,” achieving optimal allocation and
efficient utilization of urban resources and further
meeting the market’s need for high-quality living.
3.4 Government Policies and Investment
Attractiveness
Government policies and investment attractiveness have
a significant impact on the development of TOD models.
Governments provide strong support for TOD projects
through land use policies, fiscal support policies,
planning guidelines, and transportation policies,