Transit-Oriented Development

Projects referenced indicate work managed and/or completed by senior BBP LLC staff, including assignments by Basile and Prost when they were Principals and senior technical staff at other consulting firms.

Transit-oriented development (TOD) has emerged as a leading trend as urban and suburban communities grapple with ever-increasing traffic congestion. This renewed interest in transit supportive development has led to a desire for more pedestrian-friendly, mixed use communities adjacent to transit stations. BBP LLC and its senior staff have collaborated with private developers, transit agencies, and local municipalities interested in TOD and are recognized national leaders in TOD investment. BBP LLC professionals have conducted economic and market evaluations, prepared developer solicitations and evaluations on behalf of the public sector, and facilitated retail-oriented TOD throughout the nation.

One of the unique professional capabilities of our professionals is a specialization in public/private development advisory services including negotiation and problem-solving assistance focusing on securing development agreements from developers, lenders, property owners, tenants and government agencies involved in TOD projects.

Our staff’s TOD experience and expertise is wide ranging including, formulating funding and financing strategies and development packaging of TOD; optimizing real estate and property assets; implementing innovative joint development and value capture funding strategies; undertaking pro forma cost/ revenue analysis; performing economic and fiscal impact evaluations; analyzing market, operational and development-related aspects of TOD projects; conducting developer solicitation, evaluation and negotiation; and identifying innovative financial solutions involving public/private partnerships for TOD. \

Our staff also measures social impact by assessing the population generated by the proposed development as well as the needs of that population and uses this information to identify the demands on an array of general and specialized social services.

Click here to view our Transit-Oriented Development Brochure.