Transportation and Infrastructure

The State of High-Speed, Intercity Rail

June 14, 2024 / Comments Off on The State of High-Speed, Intercity Rail

The implementation of high-speed rail (HSR) networks can greatly reduce the travel time between big cities, with the optimal travel distance ranging from around 100 to 500 miles. However, in addition to its most intuitive use, intercity travel, HSR can also be used for daily commuting. It’s fast, reliable, frequent, and riders are free from […]

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Light Reads: Memorial Day 2024

May 24, 2024 / Comments Off on Light Reads: Memorial Day 2024

Our team at ESI has compiled a great set of events, activities, and articles for you to enjoy all Memorial Day Weekend for this week’s Present Value post. Additionally, we wish to honor all the men and women who have made the ultimate sacrifice while defending our nation and our freedom.   Upcoming Events Around […]

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The Role of Regression Modeling in Assessing Economic Impacts: A Focus on Transit Premium and Housing Values

March 22, 2024 / Comments Off on The Role of Regression Modeling in Assessing Economic Impacts: A Focus on Transit Premium and Housing Values

Imagine living in a neighborhood transformed by the arrival of a new bus route or metro station, where high-capacity transit lines and stations bring everything within a short ride’s reach. Shops, schools, and workplaces are now just a quick ride away. How much more would you value living in this area? This question lies at […]

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A Look at 15-Minute Cities

February 23, 2024 / Comments Off on A Look at 15-Minute Cities

Coined by Carlos Moreno, an associate professor at the Sorbonne Business School in Paris, the concept of 15-minute cities became popularized in 2019 after Anne Hidalgo, Paris’s mayor, adopted it as policy. It was first introduced at the United Nations COP21 summit in 2015, when the Paris Agreement was adopted.   The idea recognizes that cities […]

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Moving Cities: Chicago

January 26, 2024 / Comments Off on Moving Cities: Chicago

The Chicago Transit Authority and Current Ridership Numbers With a 2022 population of 9.4 million, the Chicago metropolitan area is one of the world’s largest economic hubs, serving as home to hundreds of major corporate headquarters including many Fortune 500 companies. Needless to say, that in such a region, the accessibility and quality of public […]

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A New Opportunity for Office Conversions

January 12, 2024 / Comments Off on A New Opportunity for Office Conversions

Office to Residential Conversions: Two Birds with One Stone Remote work is reshaping traditional downtowns in cities across the United States. Businesses have cut back on the amount of office space they need, and workers have also adapted their homes to accommodate more flexible work arrangements. However, while demand for downtown commercial space has fallen, […]

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