Changing residential housing preferences, the proliferation of mixed-used developments, and the negative effects of unmanaged growth have caused governments agencies to rethink their public policies about land use, urban development, and transportation. Successful land use planning, whether it be for a rural district, downtown high-rise, or suburban market, should be sensitive to socioeconomic shifts, economic opportunities, cultural assets, and surrounding developments.
TXP has successfully helped clients manage the balance between traditional economic development, land use planning, and infrastructure development to ensure overall community prosperity. We believe that efficient land use will stimulate local markets and generate new economic activity. Our team provides in-depth analysis on the connection between tax base enhancement and service cost reduction, and works with communities, state agencies, local governments, universities, and developers to facilitate growth and redevelopment.
Greater Owensboro Economic Development Corporation
Gateway Planning and TXP were hired by the Greater Owensboro EDC to generate a market-based master plan and a comprehensive package of catalyst projects intended to jump-start downtown revitalization. With its emphasis on mixed-use land use and development, the concept behind the revitalization of Downtown Owensboro was designed to reflect current market trends and conditions. TXP analyzed the market environment by evaluating the market conditions under which revitalization would occur, as well as an assessment of the potential size,...more
Cameron County Regional Mobility Authority (CCRMA)
The CCRMA retained TXP to produce an economic and demographic assessment of Cameron County. The firm also produced a long-term forecast of key economic and demographic variables that were incorporated into future transportation planning decisions. Special emphasis was placed on collecting and analyzing data for an Environmental Impact Statement (EIS) related to a second access point for South Padre Island. TXP used the information and analysis contained within the report to assist in analyzing preliminary, reasonable, and preferred...more
Camino Real Regional Mobility Authority
The City of El Paso, Texas created a Transportation Reinvestment Zone (TRZ) to capture incremental gains in property appreciation and tax revenue. The City of El Paso and the Camino Real Regional Mobility Authority (CRRMA) were to use the TRZ tax revenue funds to provide financial support for the completion of select projects outlined in the 2008 Comprehensive Mobility Plan. Prior to seeking debt financing, the CRRMA required an economic, real estate, and tax revenue analysis of select TRZ corridors. The CRRMA retained TXP and its project team...more
City of Charlotte, North Carolina
TXP, as part of the Citistates Team, was asked to evaluate and project the economic and fiscal implications of urban planning and implementation in the Charlotte-Mecklenburg region. The team effectively illustrated that sustained economic growth is the product of a variety of interrelated factors, and that the effects of "placemaking" have become increasingly important in that calculus. The study demonstrated that the benefits of smart urban planning outweigh the costs, and that the Charlotte region will be more economically prosperous for...more
Austin-San Antonio Intermunicipal Commuter Rail District
Tasked with evaluating the economic development implications of implementing commuter rail between Austin and San Antonio, TXP built a custom econometric model that determined whether or not this region could support this type of transit system. Specifically, the Austin-San Antonio Corridor was compared to other U.S. regions to determine the likelihood that a rail project would have positive long-term economic impacts on the region.more