Incorporating retail space in rail hubs to recover the costs of operations
The public transportation sector is facing many new challenges as a result of population growth, the trend toward urbanization and an increase in the number of people who are reducing their reliance on cars. With future needs in mind, major rail hubs around the world are undergoing significant renovations, and new rail hubs are being planned and designed.
Because the construction and operation of these new hubs can run into the billions of dollars, railways are seeking ways to recoup their investments and ensure financial sustainability by developing comprehensive plans for their hubs. They aim to offer passengers, local residents and visitors a range of mixed-use facilities that will result in a big win for everyone: rail companies, passengers, local residents, visitors and taxpayers.
Download this white paper from NCR to learn more about rails and retail.