Jacobs has been selected as owner's advisor for the Metropolitan Transit Authority of Harris County's (Houston Metro) Joint Development and Transit Oriented Development program in Houston, Texas. Houston Metro selected Jacobs as part of a county-wide initiative to leverage its regional transit properties with private investment to increase ridership, enhance the transit experience and improve connectivity for Houston's 2.3 million residents.
Jacobs will provide comprehensive consulting for planning and real estate management services to meet Houston Metro's mobility and development needs. Houston Metro is currently developing a Joint Development framework to move forward with significant development opportunities at multiple Harris County Houston Metro properties.
"Through our strong relationship with Houston Metro, Jacobs will develop a program framework to create social value, ridership and revenue benefits for Metro and Houston," said Jacobs Senior Vice President and General Manager Katus Watson. "Jacobs delivers transportation and transit-oriented development programs throughout the world – unlocking private sector investment and value capture to enhance public transport outcomes for local communities. Our deep bench of industry experience will drive this program's success, benefiting more than 200,000 people who use Houston Metro's services daily."
Jacobs notes Transit Oriented Development can play a significant role in addressing the economic and long-term systemic challenges cities face and contribute to creating more smart, sustainable, resilient and inclusive communities.
