What is TRID?
A TRID is a tool that uses value capture to implement equitable Transit Oriented Development [eTOD] projects and public infrastructure improvements in your neighborhood. Value capture is simply ensuring that any new tax revenue gained by new development in the neighborhood, like the envisioned Esplanade, is reinvested back into Manchester-Chateau.
This action strategy explores the creation of a Transit Revitalization Investment District (TRID) to catalyze equitable transit-oriented development (eTOD) near the Allegheny Station. This is a continuation of the Manchester-Chateau Neighborhood Plan and is not a new vision plan for the Manchester-Chateau neighborhoods. Read the Action Strategy below.
TRID Study Area
Eligible locations within an area
generally formed by a radius not to exceed three-quarters of a mile from a transit stop
measured from the centerline of the track.
The specific boundaries of a TRID may be expanded or reduced based on local circumstances such as local economic development and planning goals, community character, property boundary and scale variations.
The focus area of this study is shown in the hatched area above, with the proposed Esplanade development site shaded in orange.
Community Engagement
Community engagement is an essential part of the process for every community development project. The more residents contribute and provide feedback about what's important to them, the more this helps inform the teams determine not only if a TRID should be created in the neighborhood, but how the money generated from a TRID should be prioritized for different neighborhood improvements.
The City of Pittsburgh and Manchester Citizens Corporation held two public meetings to discuss the Esplanade project and the many benefits the neighborhood of Manchester could experience. The first meeting was held by the Esplanade development team where they shared the latest plans for the site and answered questions from attendees.
To provide further feedback to the Esplanade team, please email LaShawn at: lfaulk@manchestercitizens.org
The second meeting, held on Nov. 10th 2021, discussed the creation of a TRID to capture increased tax revenue generated by the Esplanade Development Project. The team also provides updates for attendees about the TRID planning process and sought their input on priorities while discussing how this potential money can be spent.
A video recording can be seen below:
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