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Value Capture: Myth or Reality? AICP CM 1.5 Capturing the value of public transit investments can be a tricky business. Everybody has a vested interest. Everyone wants a piece of the pie. Value capture strategies include joint development, special assessment districts, tax increment financing and development impact fees. But how much of the value actually makes it back to the transit agency? Where have these strategies been successful and why? What does the FTA think about value capture? Explore the concepts of value capture, learn from real projects and hear the latest thinking directly from the FTA. Moderator: David M. Levinson, Professor, Center for Transportation Studies, University of Minnesota, Minneapolis, Minnesota Nadine Fogarty, Principal/Vice President, Strategic Economics, Berkeley, California Dan Ngo, Program Analyst, Federal Transit Administration, US Department of Transportation, Washington, DC John Howe, Vice President of Strategic Consulting, Parsons Brinckerhoff, Toronto, Ontario