Key Market Indicators
A market profile for the Mount Joy site was completed previously that provided the basis for reviewing the area’s suitability for TOD. Market indicators generally showed limited support for TOD based on existing market conditions. Limiting factors included: the predominance of low-density housing, limited employment opportunities resulting in a net outflow of jobs from the area, weak retail demand, and poor transit connectivity. These market indicators provide insight into the type of investments required to develop the market for future TOD. Such investments could include development of high-density housing, commercial office and retail, or increased transit connectivity.