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Browsing by Subject "Small business"

Now showing 1 - 7 of 7
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    Assessing Neighborhood and Social Influences of Transit Corridors
    (Center for Transportation Studies, University of Minnesota, 2012-07) Fan, Yingling; Guthrie, Andrew
    This research investigates neighborhood and social influences of major transit improvements in the Twin Cities metropolitan area. To delineate a comprehensive picture, this research focuses on four transit corridors—Hiawatha LRT, NorthStar Commuter Rail, Cedar Avenue BRT, and Central Corridor LRT—each of which is at a different stage of planning, construction, or operation. The project undertakes a general quantification of neighborhood social change in transit served areas. For each corridor, the researchers also investigate inter-neighborhood and inter-corridor variations in social change, and examine residents' and business owners' perceptions of neighborhood social change, as well as of the specific impacts of transit corridors. A mix of quantitative analysis and survey research is used. By examining a wide range of system development stages including planning, construction, and operation, research findings will help policy makers determine at what point in the timelines of major transit capital projects policy responses are needed and likely to be most effective. By covering a variety of transit technologies including LRT, BRT and Commuter Rail, as well as a diverse range of urban and suburban neighborhoods, results from this research will help policy makers make more informed decisions about how to prevent and mitigate socially harmful neighborhood changes associated with various types of transitways. The research also presents strategies for engaging residents and businesses with negative, neutral and positive perceptions of transit projects in the transitway development process.
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    Commercial Gentrification Along Twin Cities Transitway Corridors
    (Center for Transportation Studies, University of Minnesota, 2022-05) Wexler, Noah; Fan, Yingling
    This report examines how the construction and operation of Light Rail and Bus Rapid Transit corridors in the Twin Cities metropolitan area affected commercial gentrification. Using data on establishments providing retail, food, or personal services, we use several econometric approaches to examine how both the construction and operation of new transit affected sales, employment, and concentration of nearby establishments. We estimate separate models for small single-location firms and establishments affiliated with larger multiple-location firms. Overall, we find that robust evidence that the Green Line reduced sales for single-location firms. We also find some evidence that the A Line BRT slightly reduced sales and employment for the same types of firms. By contrast, the Blue Line did not have significant effects on nearby stores. We use the Green Line as a case study to examine the mechanisms of transit-induced commercial gentrification, finding that gentrification effects are correlated with positive residential construction effects. These findings suggest that transit-induced gentrification is dependent on transit's affects on surrounding physical infrastructure, pointing to actionable policy remedies that can protect small firms during periods when nearby construction may disrupt business.
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    The Effects of Highway Improvement Projects on Nearby Business Activity
    (Minnesota Department of Transportation, 2023-08) Wexler, Noah; Fan, Yingling
    This report analyzes how state-funded highway improvement projects in the seven county Twin Cities metropolitan area affected businesses in adjacent Census Tracts. We first identify demographic factors associated with the temporal and financial prioritization of some projects over others, finding that the per capita income of a Census Tract is associated with it featuring more heavily prioritized highway improvement construction. We then turn to the effects of highway improvement construction and operation, using results from the previous analysis to account for endogeneity of improvement timing. While we find largely null results of highway improvement on sales, employment, establishment counts, and turnover for both single-establishment and multiple-establishment firms, we also find that pooling data masks several sources of effect heterogeneity. Specifically, we find that single-establishment firms experience negative sales effects from construction when tracts are affected only by infrastructure replacement projects (improvements that do not affect traffic operations, i.e., a bridge replacement). Furthermore, negative sales and employment effects occur after construction is completed for single-establishment firms in urban areas and in tracts affected by longer bouts of construction. Meanwhile, in suburban areas, some modest gains accrue to multiple-establishment firms. These results suggest that regional planners need to account for potential externalities from highway construction on particularly nearby small business establishments.
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    Impacts of Highway and Transitway Construction on Nearby Businesses
    (Center for Transportation Studies, University of Minnesota, 2023-12) Center for Transportation Studies
    This research brief pertains to report CTS 22-02, Commercial Gentrification Along Twin Cities Transitway Corridors, and report MnDOT 2023-30, The Effects of Highway Improvement Projects on Nearby Business Activity.
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    Open for business? Effects of Los Angeles Metro Rail construction on adjacent businesses
    (Journal of Transport and Land Use, 2017) Ray, Rosalie
    Recent court cases and news reports have focused on the effects of transit construction on business revenue and survival, yet the topic is underexplored in the scholarly literature. This paper examines whether transit construction negatively affected the revenue and survival of businesses along the second segment of the Los Angeles Metro Rail Red Line under Vermont and Hollywood Boulevards. Using National Establishment Time-Series business data, the research shows that business survival was significantly lower among businesses within 400 meters of stations, where cut and cover construction was used. A difference-in-differences technique was employed to determine whether revenue loss was the main mechanism by which businesses were displaced, but revenue loss was not found to be significant. The increased failure rate provides evidence that construction effects of mitigation programs for businesses should be standard practice when building new transit lines. Further research and data collection on business tenure are needed to understand the dynamics of business displacement around transit and to make such programs more effective. 
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    Source, Fall 2013
    (University of Minnesota Extension, 2013) University of Minnesota Extension
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    Source, Winter 2007
    (University of Minnesota Extension, 2007) University of Minnesota Extension