A 2004 state law established a framework for such incentives in the form of a "transit revitalization investment district" (TRID).
Through TRID, the city and SEPTA would have to work together to establish "value capture" zones in which a portion of the tax revenues would be used for public transportation capital improvements, site development and maintenance.
One of the ways this legislation might work better, says Voith, is if state tax dollars were set aside for TRID, rather than city taxes. Thus far, no TRIDs have been established in Philadelphia, but last year, Interface Studio worked with NeighborhoodsNow on a TRID pilot project study for Market-Frankford line's 46th Street station and the Temple Regional Rail station.