Newsletter 3 (Feb 2017): TOD Workshop in Rio de Janeiro brings together government, financiers, real estate developers

    In November 2016, the World Bank organized a 3-day TOD workshop in partnership with WRI Brazil Sustainable Cities and the State Government of Rio de Janeiro, which attracted participants from municipal and state government, financing institutions, and real estate investors.  Lectures, discussions, and work sessions were divided in four modules: (a) TOD Concepts; (b) Structure of a TOD Project; (c) Governance and Institutional aspects; and (d) Financing TOD Projects.

     

    Nine presentations were given, covering a wide range of urban redevelopment and mobility infrastructure investment.

    • Mr Alberto Gomes Silva, President of CDRUP, covered lessons on the rejuvenation of the Porto Maravilha area in central Rio de Janeiro. A comprehensive transport investment plan, including a new waterfront tram, was developed, along with incentives for real estate development. Officials also aimed to have the redevelopment to guarantee real social benefits for citizens, and protect heritage buildings in the area.
    • Ms Izabel C G de Souza Amaral, Assessor of the Secretary of State for Transport of Rio de Janeiro, presented a methodology for choosing the best transit stations to implement TOD projects.
    • Prof Robert Cervero, noted TOD expert from the University of California-Berkeley (USA), covered the history and evolution of the TOD concept, including early implementations in Arlington, USA and Curitiba, Brazil, and how new technologies will change implementation in the future
    • Ms Luana P Betti, Urban Economy Specialist with WRI Brazil Sustainable Cities, presented on a menu of potential financing instruments to assist transit expansion through TOD projects, including transfers of development rights and different debt and equity financing products. The presentation used an example of metro development in Porto Alegre, Brazil, to illustrate these concepts.
    • Ms Laura Azeredo, Urban Development Analyst at WRI Brazil Sustainable Cities, summarized key urban design elements of effective TOD – density, compact growth, mixed-uses, housing/leisure/entertainment, and walkability.
    • Mr Felipe Targa, Senior Urban Transport Specialist at the World Bank, discussed ways for TOD projects to be inclusive and benefit all segments of society by encouraging civic participation in the planning process.

     

     

    For more information, and the full presentation slides, please refer to the TOD CoP Box: https://wbg.app.box.com/files/0/f/16977642856/TOD_workshop_Rio_de_Janeiro_Nov_2016