Tag: china
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Xiamen BRT
I had the chance to visit Xiamen in October 2025. China continues to inspire and impress me on every visit, not because everything is perfect, but because the pace, ambition, and willingness to build infrastructure at scale are impossible to ignore. Xiamen is a coastal city of about five million people in Fujian Province. Before…
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Cost
In around the same time it takes me to travel from D.C. to Boston on Amtrak’s Northeast Corridor (NEC), I was whisked from Guangzhou to Luoyang, one of China’s ancient capital cities – roughly the distance from Dallas to Chicago (or double the mileage on the NEC) in a little over 7 hours by rail.…
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Value Capture and Joint Development
What does real estate have to do with public transportation? Actually, quite a lot. From Michigan Central Station in Detroit to the Hudson Terminal, Helmsley Building, and Hotel Pennsylvania in NYC, American railroads of the 20th century maintained a profit partly due to the transportation hub real estate assets they developed, owned, leased, and/or maintained vis-a-vis value…