A career real estate and finance professional, David Trandel of Chicago serves as the chairman and CEO of Springbank Capital Advisors LLC. From his office in Chicago, David Trandel directs the company’s resources to produce Transit-Oriented Developments (TODs).
TODs locate housing, jobs, and services together, thereby improving pedestrian connectivity and sustainable travel. Both of these are advantageous to people and the environment.
For individuals, TODs promote physical activity. They do this by bringing destinations closer to people so that residents can walk or cycle rather than rely on vehicles all the time. TOD residents walk to and from nearby transits to get to and from work. The National Household Transportation Survey estimates that this translates to 19 minutes of walking daily, a third of the recommended physical activity level. Add other short walks to nearby facilities such as grocery stores, banks, post offices, and restaurants and TOD residents are 50 percent more likely to meet their daily physical activity requirements.
TODs also promote environmental sustainability by limiting vehicle use. TODs are designed with narrower lanes and better pedestrian facilities to promote walking over driving. Reduced automobile traffic reduces air pollution, which has been linked to global warming, a higher prevalence of asthma, and cardiopulmonary complications. Less automobile traffic also means fewer car crashes and pedestrian injuries.
TODs locate housing, jobs, and services together, thereby improving pedestrian connectivity and sustainable travel. Both of these are advantageous to people and the environment.
For individuals, TODs promote physical activity. They do this by bringing destinations closer to people so that residents can walk or cycle rather than rely on vehicles all the time. TOD residents walk to and from nearby transits to get to and from work. The National Household Transportation Survey estimates that this translates to 19 minutes of walking daily, a third of the recommended physical activity level. Add other short walks to nearby facilities such as grocery stores, banks, post offices, and restaurants and TOD residents are 50 percent more likely to meet their daily physical activity requirements.
TODs also promote environmental sustainability by limiting vehicle use. TODs are designed with narrower lanes and better pedestrian facilities to promote walking over driving. Reduced automobile traffic reduces air pollution, which has been linked to global warming, a higher prevalence of asthma, and cardiopulmonary complications. Less automobile traffic also means fewer car crashes and pedestrian injuries.
