Public-private joint development projects on land owned by transit agencies are influencing development patterns in an increasing number of cities. This article looks at what is happening in six of them. Transit agencies often acquire more property than is necessary for their new rail lines or stations. Public agencies are subject to political pressures and often ill equipped to negotiate real estate deals so that it may be in an agency's best interest to enter into an agreement with a developer experienced in generating profitable use of property. Station area development is frequently confused with the term joint development. Joint development is often used interchangeably with value capture, a concept by which a community share in economic benefits of publicly funded improvements. Examples of the various practices are given for Toronto; Washington, D.C.; Atlanta; Miami; Baltimore and Los Angeles. Supplemental articles discuss the uneven impacts of Washington Metro and of joint development in Cedar Rapids, Ia., where a transportation center is shown to work for a smaller city with bus transit.

Media Info

  • Features: Photos;
  • Pagination: p. 6-10
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00389865
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Oct 30 1984 12:00AM