Despite the slow progress, railway-based public transportation operators, city-owned PT MRT Jakarta and state-owned PT Kereta Api Indonesia (KAI), have been gearing up to develop their TODs in several locations across Greater Jakarta.
s a city notorious for its severe traffic congestion, Jakarta is now gradually evolving into a more pedestrian-friendly city and improving its public transportation by starting to revitalize the transit hubs with a transit-oriented development (TOD) approach.
The Jakarta administration has put much hope on the TOD approach, believing it will reduce congestion and provide more walkable areas. TOD is also expected to help solve the housing backlog by developing more housing and boosting the economy through the potential business opportunities that are expected to grow around them.
Despite the slow progress, railway-based public transportation operators, city-owned PT MRT Jakarta and state-owned PT Kereta Api Indonesia (KAI), have been gearing up to develop their TODs in several locations across Greater Jakarta.
MRT Jakarta has announced it will build around 50,000 apartments through its TOD projects in five locations along its first line: Lebak Bulus, Fatmawati, Blok M, Istora-Senayan and Dukuh Atas.
Adding to that, MRT Jakarta business development director Ghamal Peris said the company saw the TOD project as an opportunity to gain more income.
“TOD will increase the value of an area within a 700-meter radius. As it becomes more walkable and liveable, more people will be there. It also means more potential customers for businesses,” he told The Jakarta Post recently.
Through the issuance of three gubernatorial decrees, the Jakarta administration has mandated the push for TOD development and appointed MRT Jakarta as TOD operator.
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