Kaplan Kirsch has substantial experience advising on transit-oriented development (TOD) projects and understands the complex land use, financing and development issues associated with these projects. We have been key contributors to a number of important TOD projects in the Denver metropolitan area as well as in other cities.
Representative Experience
Transit Oriented Development: Represented a private developer with regard to a TOD project, including negotiating the redevelopment agreement with the urban renewal entity and advising the client on real estate and land use issues.
Multi-Modal Transportation Project: Represented Atlanta BeltLine, Inc. in executing a comprehensive economic revitalization plan in central Atlanta. The Atlanta BeltLine is a 22-mile circumference loop of transit, recreational trail and park development that includes multi-modal transportation links to and among the neighborhoods lining the corridor. The project incorporated coordinated zoning incentives, a tax increment finance district, brownfields remediation, a city-sponsored residential mortgage program to encourage the purchase of homes near the Atlanta BeltLine, as well as more than 5,000 units of affordable housing being financed through an affordable housing trust fund.
Regional Transportation District: Represented the developer of a Regional Transportation District (RTD) TOD pilot project. Wee advised the client and negotiated the land transaction with RTD, negotiated agreements with the City and County of Denver and the Denver Urban Renewal Authority, advised the client on land use and entitlement issues, prepared and negotiated construction contracts, prepared numerous easements, licenses, and other land-related agreements, and assisted in equity and lender due diligence issues.
Suburban Municipality: Represented in negotiations with the federal government regarding acquisition of a TOD site. This work included negotiating appropriate agreements for site acquisition, addressing environmental issues, advising on land development and other matters.
Union Station Redevelopment: Represented the master developer selected to redevelop the Union Station site in Denver. This project included approximately $500 million of public infrastructure to establish Union Station as the multi-modal transit hub for the greater Denver region and involved more than $500 million of private development. We advised the master developer on land use and zoning, governance, development agreements and public financing issues. We represented RTD in negotiations with the railroads for FasTracks corridor access and negotiations with Amtrak and also served as part of the legal team representing RTD on the EAGLE P3 project.
City and County of Denver, Department of Aviation: Represented on a public-private partnership for the development of the Peña Station rail stop as a TOD. Our involvement included issues related to real estate, public and private finance, land use, federal airport regulation and other regulatory issues. The Denver City Council approved the key agreements associated with the $50 million infrastructure financing package in May 2015.
Related Projects
Related Practices
Resources and News
News
Publications
Several Kaplan Kirsch & Rockwell Client Projects Benefit from Opening of RTD A-Line
News | April 24, 2016Firm Client Atlanta BeltLine’s Transit Loop Included in Comprehensive Streetcar Plan for Atlanta
News | December 10, 2015
NCRRP Legal Research Digest 3: Issues That Emerge When Public Entities Acquire a Real Property Interest in Rail Lines
Publications | February 16, 2016