No, travel demand modeling includes transit shares and modeling.
More roads are a fantastic solution for encouraging mobility of individuals. Yes, it is difficult from a group planning point of view, but think about it from the users point of view. There is a single dad who is restricted by her availability of time to a thirty minute commute window. If he has no available car, he is forced to a bus route based job, or bicycle / walking distance job. Locations for bus routes are chosen by top-down planning based on productions and attractions, with a preference for utilization based on larger employers, think hospital and hospitality. The buses drive the single dad to a certain area and precludes him from looking for jobs in non-bus route areas. You are forcing an individual to choose a non-ideal job based on a push for modal share and the "Planners" basis of what is best, not the individual.
Road diets are dangerous for the populace. Look at Los Angeles current push for road diets that will decrease the levels of service across the city from 18% failure to 30% failure and the warnings that the emergency services say about the corresponding decrease in response times.
The school run in the mornings is a good thing to focus on, here in the United States, we force the kids onto a crazy schedule of arriving in class before 8:00am.