The NCTD Board of Directors adopted a policy in February 2016 to pursue joint use and development of real property. The goals are to ensure transit is a priority, that projects are fiscally responsible, and that there is community engagement.
The benefits of redevelopment are multipronged: the generation of revenue through long-term ground leases, increased transit ridership, creation of jobs and affordable housing, and a reduction of automobile reliance.
There are currently five NCTD redevelopment projects being considered in various stages. They include: