Transit-Accessible Venues Have a Big Advantage
Public transit can actually be less expensive and more convenient than private transportation. When opportunity costs are taken into consideration, one of the most important variables is the amount of time required on public transit versus private transportation. Favorable transit design and heavy traffic congestion can make transit the better economic choice and can make venues located near transit systems more attractive.
Figure 1 Public vs. Private Transportation Cost Depends on Relative Travel Time (Global Climate Change Coalition)

Location Offers Undeveloped Economic, Social, and Environmental Benefits
"Location, location, location" has long been a real estate mantra, and transportation—from rivers to sea ports to roads to railroads to airports—have been key to development. As we become increasingly concerned about our continued reliance on fossil fuels, location will become even more important than ever before to our overall well being. We need to reduce our fossil fuel use for a number of reasons:
- because fossil fuels are a finite resource;
- because payment for imported oil subsidizes many hostile regimes and makes us vulnerable to external events;
- because continued spending on fossil fuels detracts from our ability to migrate to a new sustainable economy;
- because of the detrimental environmental impact of our continued use of fossil fuels.
Transit Accessibility Index™ (TAI)
The Transit Accessibility Index is a measure of the accessibility of a particular location to public transit. While nothing beats being situated on top of a public transit station, other factors come into play that make some locations more accessible than others. The Transit Accessibility Index helps evaluate and compare different locations.