Examples of Joint Developments in a sentence
While maximizing asset securities, Joint Developments should minimize the commitment of NCTD financial resources and limit such commitments only to project components that have a direct public benefit to the District (i.e., transit parking, increased ridership, system optimization, etc.).
To encourage opportunities for Joint Developments surrounding transit investments, when appropriate, NCTD will consider Joint Development opportunities in the acquisition of required property, location of new station sites, and construction of station facilities.
Joint Developments must also meet the green building or sustainability standard of the jurisdiction(s) within which the Joint Development property is located or, in the absence of a local standard, at a minimum meet a nationally-recognized standard such as the U.S. Green Building Council’s LEED-Silver certification for neighborhood development and/or for individual buildings.
Joint Developments should minimize any investment risks on behalf of NCTD.
In that case, more intense use will be limited within the design capacity of the intersection.