A transition toward transit-oriented real estate development Premium Content

U.S. transit projects in a building boom

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Transit is trendy, and there is a growing demand for real estate development close to transit, said Jennifer L. Dorn, a federal transportation official who addressed Realtors during a presentation at the National Association of Realtors annual conference in Orlando, Fla.

"Transit is really in a building boom," said Dorn, administrator for the Federal Transit Administration, a U.S. Department of Transportation agency that has an annual budget of about $7 billion.

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