TRA newsletter

The Summer 2014 Edition of TRA's Newsletter!
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TRA Wins Massachusetts Department of Conservation and Recreation Contract

By late 2016, Bay Area commuters will likely begin to see the first of a fleet of futuristic new BART trains barreling from San Francisco through the upper Peninsula, the East Bay and new stations slated to open in the coming years closer to Silicon Valley in Fremont, Milpitas and Northern San Jose.

TRA is pleased to announce that it was awarded a real estate advisory services contract for the Massachusetts Department of Conservation and Recreation (DCR). TRA will be providing DCR with tools and services for managing its almost 1000 tenants including lease management and accounts receivable services as well as a creating GIS tool for locating leased property on DCR's enormous real property portfolio.  

 

In addition, TRA will be providing real estate advisory services to assist DCR in streamlining its real estate procedures and creating value to effectively manage the largest real estate portfolio in the Commonwealth.  "TRA is proud to be selected to provide DCR with the services it needs to support its efforts to update its real estate systems and approach," said Lorna Moritz, TRA President. 
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TRA Invited to the White House

By late 2016, Bay Area commuters will likely begin to see the first of a fleet of futuristic new BART trains barreling from San Francisco through the upper Peninsula, the East Bay and new stations slated to open in the coming years closer to Silicon Valley in Fremont, Milpitas and Northern San Jose.

TRA Chief Operating Officer Francis DeCoste attended the recent Smart Growth America\LOCUS Leadership Summit in Washington, DC. LOCUS, which is Latin for "place" is the country's fastest growing coalition of real estate developers and investors who advocate for sustainable, walkable development in America's metropolitan areas. The summit was attended by over 150 real estate development professionals and 30 elected officials from cities across the country. 

 

The Summit included R.E.A.L talk sessions on re-imagining communities and revitalization of cities, and mission driven development.  Working group sessions addressed challenges of P3 projects, supply and demand of affordable housing, innovative public financing techniques, and best practices for resilient communities. The lunch speaker was LOCUS President, Chris Leinberger who presented the 2014 ranking of walkable places in the top 30 metropolitan areas. Boston currently is ranked #3, with a future ranking projected to be tops in the country.  The first day ended with a hosted cocktail reception with elected officials and real estate developers "pitching" opportunities for investment and development.

 

Day two started on Capital Hill with breakfast at the Dirksen Senate Office Building. A roundtable discussion was held with Congressional and White House staff members discussing the status of the current Transportation Bill and issues surrounding the potential insolvency of the Federal Highway Fund. While a majority of the attendees continued on to meet with their members of Congress, Francis was selected to join a small delegation to meet with White House and USDOT senior officials at 1600 Pennsylvania Avenue. Mr. DeCoste was selected to discuss the challenges of Joint Development with transit agencies and the limit that some FTA districts will allow for the length of ground leases, making development deals difficult to finance. He suggested that the FTA define in their Joint Development guidelines that transit agencies can allow for long term ground leases for up to 99 years. Overall, the Summit was very informative and a great success.

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MBTA WIFI Sponsorship Program

By late 2016, Bay Area commuters will likely begin to see the first of a fleet of futuristic new BART trains barreling from San Francisco through the upper Peninsula, the East Bay and new stations slated to open in the coming years closer to Silicon Valley in Fremont, Milpitas and Northern San Jose.

TRA is pleased to announce that it was awarded a real estate advisory services contract for the Massachusetts Department of Conservation and Recreation (DCR). TRA will be providing DCR with tools and services for managing its almost 1000 tenants including lease management and accounts receivable services as well as a creating GIS tool for locating leased property on DCR's enormous real property portfolio.  

 

In addition, TRA will be providing real estate advisory services to assist DCR in streamlining its real estate procedures and creating value to effectively manage the largest real estate portfolio in the Commonwealth.  "TRA is proud to be selected to provide DCR with the services it needs to support its efforts to update its real estate systems and approach," said Lorna Moritz, TRA President. 

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TRA's Facebook Facelift. An Interactive Community for TOD Professionals

By late 2016, Bay Area commuters will likely begin to see the first of a fleet of futuristic new BART trains barreling from San Francisco through the upper Peninsula, the East Bay and new stations slated to open in the coming years closer to Silicon Valley in Fremont, Milpitas and Northern San Jose.

Here at TRA, we understand the importance of getting you the most up-to-date information on Transit Oriented Development, to keep you at the top of your game. TRA recently underwent a Facebook facelift; we have taken all of the tools that provide you breaking industry news and collapsed them onto one platform for your convenience. At TRA we strongly believe that this new redesigned Facebook page will provide a new fun avenue to communicate and connect. Stay on top of industry news, 'Like" us at www.facebook.com/TRA.TOD

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2014 Rail~Volution Conference Registration is Open

By late 2016, Bay Area commuters will likely begin to see the first of a fleet of futuristic new BART trains barreling from San Francisco through the upper Peninsula, the East Bay and new stations slated to open in the coming years closer to Silicon Valley in Fremont, Milpitas and Northern San Jose.

Rail~Volution 2014 will be held in Minneapolis/St. Paul, MN, from September 21-24, 2014. This year at Rail~Volution's annual conference, you will be exposed to some of the best minds and timely experience on sustainability in the country and world. You'll hear concrete examples that illustrate the rediscovery of community that is sweeping the country.  You'll have a chance to ask the hard questions and explore cutting-edge ideas in more than 80 workshops, networking events and mobile workshops. Register early to get the best selection of mobile tours and the best price on the conference. See you in Minneapolis! Register here