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Using the Fremont Unified School District in Fremont, California, as the study area, this study estimates the impact of school quality on house prices and finds that a one-standard-deviation increase in the quality of elementary, middle, and high schools significantly increases house prices—by 20 percent for an average-priced house. I urge urban planners and policy makers to explicitly recognize the impact of schools on residential segregation, to consider access to high-quality K–12 education when developing plans and policies, to collaborate with school districts to improve educational quality, and to provide incentives for the construction of affordable housing in neighborhoods with high-quality schools. [ABSTRACT FROM AUTHOR]

Abstract: This paper provides evidence on the impact of a sub-urban transit-oriented development (TOD) on surrounding single-family home prices. Using a dataset that inventories single-family home sale transactions surrounding Ohlone Chenyoweth TOD in San Jose, CA, the paper employs hedonic regression to estimate the effect of the TOD on home prices. Controlling for the effects of the distance from the light rail line, the station and other transportation facilities, the impact of the TOD on home sale prices is statistically significant at p =0.10 level, with an average home sale price increase of $21,000 (or 3.2%) for every 50% reduction in the distance between the home and the TOD. Further, the paper finds that the TOD’s price effect dissipates after 1/8 mile. Finally, housing prices within 1/8 mile of the TOD were 18.5% higher than the prices more than 1/8 mile from the TOD during the post-TOD construction period; 7.3% higher during the TOD construction period and not statistically different in the pre-TOD construction period. [Copyright &y& Elsevier]

Using a longitudinal data set that inventories single-family home sale transactions within 3.2 km (2 mi) of the Central District redevelopment area of Oakland, CA, this paper finds that the targeted efforts to redevelop the Central District have partially mitigated the District's negative impact on surrounding neighborhoods. The paper examined the Central District from 1992 to 2006, a period during which the District changed in character from a business district to a mixed-use vibrant area. During the period 1992 through 2000, proximity to the Central District negatively impacted housing prices up to 1.6 km (1 mi) from the District boundary. However, the magnitude of the impact reduced in the 2001-2006 period and dissipated after 0.8 km (0.5 mi) from the District boundary, indicating that the redevelopment efforts had a positive spill-over effect on surrounding property values. [ABSTRACT FROM AUTHOR]

This study of the City of San Jose's Parks and Recreation General Obligation (GO) Bond Measure seeks to identify the politics-, management-, and planning-related lessons learned by the City as it developed its community facilities using the GO bonds proceeds. The study finds that these lessons include: be conservative in what you promise the residents; be prepared for changes in economic environment by identifying supplementary funding sources should the primary source not yield adequate funds; make sure that the jurisdiction is organizationally capable of handling the increased workload; and prepare detailed project plans prior to the bond issuance. [ABSTRACT FROM AUTHOR]