Posts Tagged ‘triple bottom line’

change that works

Friday, February 17th, 2017

change that works

Cities around the world are searching for safe, sustainable ways to provide mobility to residents across towns and cities. VivaNext, a leader in rapid transit, has risen to the challenge. We pride ourselves on designing a great transportation system that has social significance and measurable benefits.

VivaNext is proud to support the triple bottom line. This business principle holds that business activities should result in financial, social and environmental benefits. The benefits of rapidways are easy to see. For example, the dedicated bus lanes not only allow for fast, convenient service across the region, but they also help facilitate a safer road for drivers, pedestrians and cyclists alike. In addition, emergency service vehicles are able to access the rapidways and cross the median at designated intervals, which improves their response time and bypasses congestion.

What may not be immediately visible, however, are some of the positive economic and environmental impacts rapidways create for communities.

economic development & impact

  • Well thought-out and well-designed transit attracts sustainable, mixed-use development, including new businesses, jobs and a variety of housing options
  • Easy access to transit creates a more desirable mixed-use neighbourhood, and allows for money to be reinvested into the community (through businesses or reinvesting in local infrastructure)
  • Based on other rapid transit projects across North America, property values increase for land within walking distance to transit stations
  • As the Region’s urban transit corridors evolve and attract new retail and restaurants, other new employers wanting to be near transit will follow, continuing to support future economic and social growth

environmental responsibility

  • Every busload replaces approximately 70 vehicles on the road, which means a reduced carbon footprint
  • Rapid transit systems create a safer, more accessible and walkable city

With so many positive benefits of rapid transit, it’s no wonder York Region is a leader in transforming our communities by providing safe, convenient rapid transit. Join us and be moved.

transit benefits times three…

Friday, March 13th, 2015

transit benefits times three

It’s true that we’re building a key component of the transit infrastructure connecting the GTA, but beyond this we’re also creating measurable benefits. We support the “triple bottom line” business principle, which holds that business activities should result in financial, social and environmental benefits. Part of our vision is to have development and public transit planned together to shape communities, support a sustainable future and promote energy conservation.

More than 1,100 residential units were added during 2014 along the Highway 7 East rapidway. New zoning and municipal plans are ensuring that development is mixed-use – including places to live, work, shop, and green space to hang out. Mixed-use is a more sustainable, environmentally-responsible way of growing for the future. Once transit is in place and urban neighbourhoods are established, residential and commercial developers are attracted, as are new employers who want to be located near transit and a well-educated workforce.

More compact, transit-oriented and walkable areas mean less dependency on cars, and this is good for the health of transit users, bicyclers and walkers. Socio-economic benefits are there for those who find they can get around more affordably, and our carbon footprint is reduced, since each bus can replace up to 70 cars.

Each new rapidway includes tree-lined streets to help maintain our connection to nature and improve air quality. There is also documented evidence that green space results in higher property values, increased business outcomes and reduced energy costs.

As each rapidway project connects York Region, the benefits are three-fold for the environment, our quality of life, and our local economy.