MPC Roundtable – Getting our Money's Worth: Using Value Capture to Fund Transit - Metropolitan Planning Council

Skip to main content

MPC Roundtable – Getting our Money's Worth: Using Value Capture to Fund Transit

September 11, 2012, Noon to 1:30 p.m.

This is a past event

Metropolitan Planning Council 140 South Dearborn, Suite 1400, Chicago

Download to calendar

The future Atlanta BeltLine is funded with tax increment financing.

Even as the economy struggles, our growing regional population is demanding smarter investments to expand and improve transit. Given the scarcity of available public funds, governments are beginning to tap innovative financing tools such as variable parking pricing, public private partnerships, and value capture around bus and rail stations. Because transportation networks and land values are closely linked, public investments in transportation infrastructure can increase the value of land surrounding these investments, benefiting landowners, developers and governments. This roundtable will explore how value capture and other innovative financing tools can generate revenue to finance transportation operations and future expansion, such as Bus Rapid Transit and upgrades to Chicago Union Station. Through careful planning, innovative financing can make the most of limited dollars and lay the groundwork for long-term sustainable growth in metropolitan Chicago.

Opening Remarks:

Eric Hirschfield

Managing Director - Investment Banking Division, Goldman Sachs


Ryan Gravel, senior urban designer for Perkins + Will, will share how Atlanta is tapping $1.7 billion in tax increment financing to construct the Atlanta BeltLine, one of the most comprehensive urban redevelopment efforts underway in the U.S. The BeltLine includes a 22-mile loop of rail transit along former freight rail lines, through 45 neighborhoods surrounding Atlanta’s urban core, with anticipated daily ridership of 73,000 people.

J. Douglas Koelemay, vice president of community relations for Science Applications International Corporation (SAIC), will discuss why business owners in Tysons Corner, Va. created a special tax assessment on commercial and industrial property owners that will generate $400 million to fund an extension of the existing Washington, D.C. Metrorail system to Dulles Airport

Gabriel Metcalf, executive director of San Francisco Planning and Urban Research Association (SPUR) and member  of the Transbay Joint Powers Authority Board of Directors, will describe how San Francisco is layering several financing tools, including tax increment financing, a special assessment, development impact fees, and a federal Transportation Infrastructure Finance and Innovation Act (TIFIA) loan, to build the new Transbay Transit Center. The new station will coordinate the Bay Area’s numerous transit systems, increase capacity and accessibility, and create one of the most transportation-rich-neighborhoods in the region. Gabriel will also discuss other innovative financing for transit used in San Francisco including sharing parking meter revenues and the Transit Impact Development Fee.

Register online today! The cost of the roundtable, which includes lunch, is $15 for current MPC donors and $30 for all others. Seating is limited, so pre-registration is required. 

This page can be found online at

Metropolitan Planning Council 140 S. Dearborn St.
Suite 1400
Chicago, Ill. 60603
312 922 5616

Sign up for newsletter and alerts »

Shaping a better, bolder, more equitable future for everyone

For more than 85 years, the Metropolitan Planning Council (MPC) has partnered with communities, businesses, and governments to unleash the greatness of the Chicago region. We believe that every neighborhood has promise, every community should be heard, and every person can thrive. To tackle the toughest urban planning and development challenges, we create collaborations that change perceptions, conversations—and the status quo. Read more about our work »

Donate »