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Impact of Transmilenio on density, land use, and land value in Bogotá


  • Bocarejo, Juan Pablo
  • Portilla, Ingrid
  • Pérez, Maria Angélica


While urban sprawl has been the general growth pattern in most developing cities worldwide, the city of Bogotá has undergone a process of densification in specific areas in the past decade. Using a differences-in-differences methodology, we have shown that the bus rapid transit (BRT) network, Transmilenio, built in this period is one of the variables that account for this higher density. Areas served by Transmilenio, especially those in the periphery that have been provided with feeder bus routes, have a higher growth than zones without access to this system. Using a similar methodology for assessing the growth of newly built areas, we have not found a clear relation between the BRT and recent evolution of residential, commercial, or work areas. However, recent scientific literature confirms an impact of the BRT on land value.

Suggested Citation

  • Bocarejo, Juan Pablo & Portilla, Ingrid & Pérez, Maria Angélica, 2013. "Impact of Transmilenio on density, land use, and land value in Bogotá," Research in Transportation Economics, Elsevier, vol. 40(1), pages 78-86.
  • Handle: RePEc:eee:retrec:v:40:y:2013:i:1:p:78-86
    DOI: 10.1016/j.retrec.2012.06.030

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    References listed on IDEAS

    1. Aedo, Cristián, 2005. "Evaluación del impacto," Manuales 47, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. Juan Carlos Mendieta & Jorge Andrés Perdomo, 2007. "Especificación y estimación de un modelo de precios hedónico espacial para evaluar el impacto de Transmilenio sobre el valor de la propiedad en Bogotá," DOCUMENTOS CEDE 004280, UNIVERSIDAD DE LOS ANDES-CEDE.
    3. Munoz-Raskin, Ramon, 2010. "Walking accessibility to bus rapid transit: Does it affect property values? The case of Bogotá, Colombia," Transport Policy, Elsevier, vol. 17(2), pages 72-84, March.
    4. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
    5. Cervero, Robert & Kang, Chang Deok, 2009. "Bus Rapid Transit Impacts on Land Uses and Land Values in Seoul, Korea," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt4px4n55x, Institute of Transportation Studies, UC Berkeley.
    6. Cervero, Robert, 2005. "Progressive Transport and the Poor: Bogota's Bold Steps Forward," University of California Transportation Center, Working Papers qt3mj7r62w, University of California Transportation Center.
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    Cited by:

    1. Combs, Tabitha S. & Rodríguez, Daniel A., 2014. "Joint impacts of Bus Rapid Transit and urban form on vehicle ownership: New evidence from a quasi-longitudinal analysis in Bogotá, Colombia," Transportation Research Part A: Policy and Practice, Elsevier, vol. 69(C), pages 272-285.
    2. Cervero, Robert B., 2013. "Linking urban transport and land use in developing countries," The Journal of Transport and Land Use, Center for Transportation Studies, University of Minnesota, vol. 6(1), pages 7-24.
    3. Lindau, Luis Antonio & Hidalgo, Dario & de Almeida Lobo, Adriana, 2014. "Barriers to planning and implementing Bus Rapid Transit systems," Research in Transportation Economics, Elsevier, vol. 48(C), pages 9-15.
    4. Isabel K. Parés-Ramos & Nora L. Álvarez-Berríos & T. Mitchell Aide, 2013. "Mapping Urbanization Dynamics in Major Cities of Colombia, Ecuador, Perú, and Bolivia Using Night-Time Satellite Imagery," Land, MDPI, Open Access Journal, vol. 2(1), pages 1-23, February.
    5. Cervero, Robert & Dai, Danielle, 2014. "BRT TOD: Leveraging transit oriented development with bus rapid transit investments," Transport Policy, Elsevier, vol. 36(C), pages 127-138.


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