Investing in the future - North American cities’ transportation plan
Cities are recalibrating and refocusing their transit and mobility investments after Covid
Transit and mobility can define the experience of a city. In U.S. and Canadian cities, with transit ridership down, shifting citizen behavior, and a fiscal cliff looming in the United States, cities are refocusing their investments to focus more on sustainable, equitable investments.
As cities invest in mobility and transportation, they improve the quality of life for their residents, reduce traffic congestion, and increase economic opportunities. By investing in mobility and transportation, we are not just building infrastructure, we are building better, more connected communities for the future.
Building a future-ready city
In late 2022, Hatch and ThoughtLab completed a ground-breaking study that examines how cities around the world plan to reinvent their urban environments to meet the post-pandemic expectations of citizens and other stakeholders. The study addresses the increasing need for resiliency, sustainability, inclusiveness, and economic development.
Key finding from the study
North American cities plan on investing $144 per capita on mobility and transportation investments over the next 5 years.
About the author
Daniel Miles
Director, Urban Solutions, Urban Solutions
Dr. Miles is an applied microeconomist who leads complex economic analysis projects across a variety of sectors and industries. Daniel is skilled at using economics and statistical analysis to produce evidence-based thought leadership. He specializes in analyzing the impact of technological, economic, and demographic shifts on industries, cities, and individual companies. He has led many ground breaking thought leadership studies smart cities, cybersecurity, artificial intelligence, autonomous vehicles, the future of work, cashless cities, and digital transformation.
Rachel Bramwell
Director, Urban Solutions
Rachel Bramwell has 12 years of experience in urban economics and urban planning. Rachel uses quantitative analysis to inform planning, infrastructure, economic, and land use strategies for cities, developers, and transit agencies. Her experience includes economic and fiscal impact analysis, economic development strategies, market and financial analysis, transit-oriented development planning, and triple-bottom line analysis. Rachel also supports clients on analyzing and developing equitable strategies for developing valuable urban land for community benefit.
About the author
Daniel Miles
Director, Urban Solutions, Urban Solutions
Dr. Miles is an applied microeconomist who leads complex economic analysis projects across a variety of sectors and industries. Daniel is skilled at using economics and statistical analysis to produce evidence-based thought leadership. He specializes in analyzing the impact of technological, economic, and demographic shifts on industries, cities, and individual companies. He has led many ground breaking thought leadership studies smart cities, cybersecurity, artificial intelligence, autonomous vehicles, the future of work, cashless cities, and digital transformation.