>>1995775>That’s not many people. In a TOD you’d have several hundred people at least.Without knowing the metro area or surrounding area, or the statistics of the park and ride, I'll have to estimate from the picture given. The low-rise apartments nearby and various industrial sites nearby suggest this isn't a hot spot for redevelopment. If that whole plot was re-developed as mid-rise apartments and parking garages, there isn't a realistic way for developers to get a return investment since it would flood the area with apartments that are too "nice" for the market. So not only is the new parking garage meant to replace the P&R going to be far more expensive to build and operate than a parking lot, the transit-oriented development is likely going to sit empty if it's too expensive, and if it is more upscale, most if not all of the residents will have cars and probably want to use them anyway.
