Análisis del impacto del portal norte de transmilenio en la variación del valor comercial de las propiedades ubicadas en su área de influencia en Bogotá, mediante un análisis espacial para el periodo 2022 - 2023

Abstract

In Bogotá, urban development has progressed hand in hand with the expansion of the TransMilenio mass transit system. Since its implementation, this infrastructure has not only changed how people move around the city, but also the organization of the territory and the values of properties located in its vicinity. However, precise measurements of the effect of proximity to TransMilenio stations on property values are still lacking. This particular station, located at a strategic point in the north of the capital, connects the TransMilenio trunk network with feeder routes and intercity services. For this reason, it has become a high-traffic area, where thousands of passengers converge daily. This dynamic generates both benefits and tensions, since while accessibility and the presence of services can increase land values, noise, congestion, and informal commerce tend to negatively affect nearby homes. Although TransMilenio has been the subject of numerous studies from a mobility perspective, gaps remain regarding its influence on the real estate market in specific areas, limiting a comprehensive understanding of the phenomenon. In this sense, this study seeks to examine in detail how distance to the Portal Norte station affects the commercial value of properties during the period 2022–2023. To this end, a spatial econometric model will be applied to reveal the territorial dynamics associated with the transport infrastructure