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<br />bbpc <br /> <br />Basile Baumann Prost Cole & Associates, Inc. <br />Public/Private Development Advisors <br /> <br />TRANSPORTATION AND JOINT DEVELOPMENT PROGRAMMING <br /> <br />BACKGROUND <br /> <br />Basile Baumann Prost & Associates, Inc. (BBPC Associates) has a long track record in planning and <br />programming land areas around transit improvements. Working for public parties controlling these <br />valuable sites, we have effectively guided development and investment decisions to fruitful results in a <br />variety of circumstances and in all areas of the United States. These efforts have centered on relatively <br />new as well as established transit lines in numerous metropolitan areas (Washington, DC, Baltimore, <br />Atlanta, Philadelphia and New York) and other properties owned by transportation authorities. <br />Following is a brief description of activities in each of these metropolitan areas, <br /> <br />Minneapolis/St. Paul <br /> <br />BBPC Associates recently completed an economic impact/joint development evaluation of light rail rapid <br />transit options in the Minneapolis/St. Paul metropolitan area, The analysis concentrated on examining <br />corridor-wide and station-specific economic impacts and planning and development issues for the <br />Midtown corridor linking downtown Minneapolis and downtown St. Paul. BBPC Associates undertook a <br />detailed economic impact evaluation which aided in the selection of a preferred corridor alignment and <br />the formulation of preliminary station area economic development policies. <br /> <br />Salt lake City, Utah <br /> <br />BBPC Associates recently completed an examination of the economic development planning impacts of <br />alternative light rail transit system and station locations in the Salt Lake metropolitan area. This included <br />a concentration of evaluating public/private development opportunities and the creation of financing and <br />founding approaches maximizing private sector participation. This included an examination of stations <br />both in the central business district and suburban areas. BBPC Associates' input served for the selection <br />of the preferred alternative which is now undergoing preliminary engineering. <br /> <br />Portland, Oregon <br /> <br />BBPC Associates evaluated economic development impacts of a proposed light rail transit system in the <br />greater Portland area. This included a detailed evaluation of transit station area and corridor economic <br />development, access and urban design impacts, BBPC Associates' analysis formed an important element <br />in the planning and development and approval process for the now operating MAX light rail transit <br />system. <br /> <br />-1- <br />