A shared effort on the part of two or more parties to develop a piece of property. In terms of transit, this quite often involves a private developer and a transit agency. The development may include parking, commercial uses, retail and/ or residential uses. In return for the provision of the property the transit agency may receive a new or improved station facility, additional joint-use parking, the added ridership generated by the development, infrastructure improvements, and/ or income.
- Intermodal Transfer
- Local Bus