Major transit investments contribute to the livability of communities by reducing air pollution, offering additional travel capacity during periods of congestion (including peak commuting hours), and promoting
compact urban land use patterns that reduce energy use.
The U.S. population is projected to grow by 150 million within the next 40 years and «more
compact, mixed -
use development» is needed to handle the growth and changing demands, Patrick Phillips, CEO for the
Urban Land Institute, told an audience at the National Association of Real Estate Editors annual conference this week.