ABSTRACT

This chapter discusses four joint development projects: Bethesda Metro Joint Development Project in Bethesda, MD; Dadeland South Joint Development Project in Miami-Dade County, FL; Resurgens Plaza, Atlanta, GA; and CCC Transit Village in Contra Costa County, CA. These projects were chosen on the basis of the following criteria: First, the project must endow direct financial benefit to the transit agency through revenue- and/or cost-sharing arrangements. Second, the value of transit service must be captured in other words, the project was developed with the intention of using transit benefits, including increased real estate demand and transportation accessibility. Third, the project is in, on, or contiguous to a transit station. Fourth, is in an urban area that is actively pursuing joint development. Fifth, the project uses multiple joint development tools, including air rights. Finally, data availability was a major consideration while choosing the project. Joint developments fall under the larger umbrella of Public-Private Partnerships (PPPs).