Transit Oriented Communities: How They Continue to Shape Riverwalk
According to the Center For Transit Oriented Development, Transit Oriented Development (TOD) is a type of community development that includes a mixture of housing, office, retail and/or other commercial development and amenities integrated into a walkable neighborhood and located within a half-mile of quality public transportation. As Lawrence’s first transit oriented development, Riverwalk is a perfect example of the live work play environment that a TOD evokes. Riverwalk’s 46-acre development features luxury style loft living, spacious and unique commercial and retail spaces, all within an urban, walkable setting.
Riverwalk’s location offers access to a combination of commuter rail, highway, and bus options, providing a high level of convenience and flexibility to the Riverwalk community and its patrons. The Patricia McGovern Transportation Center is located directly across from Riverwalk’s residential units and caters to the many transit aspects of a TOD by offering covered daytime and overnight parking, rail access, and frequent bus transit to Lawrence and its surrounding towns.
There are many long-term benefits that a TOD offers. By taking advantage of rail or bus services, users can reduce household driving and reduce area congestion and pollution. Reducing the use of automobiles also lowers yearly maintenance costs, subsequently freeing up additional household income that can then be invested into the community. for other items. The Center For Transit Oriented Development also states that walkable communities and spaces promote a healthier lifestyle, in addition to adding values to property.
Over time, Riverwalk has increased its walkability and flow by incorporating lighted crosswalks, campus-wide sidewalk systems that connect a number of its buildings, and pick up/drop off areas for guests and commercial vehicles. As Riverwalk continues to grow and expand, the services it offers its tenants can grow, making it a premier mixed-use property and prime example of a transit oriented community.