Washington Metropolitan Area Transit Authority (WMATA): Joint Development Program

Washington Metropolitan Area Transit Authority, which runs the Washington DC Metro bus and rail transit system, has been one of the nation's leading practitioners of transit-oriented development. In Fiscal Year 2016, annual lease payments are expected to reach $8 million a year, and the Rosslyn-Ballston corridor in nearby Arlington, Virginia is widely seen as one of the most successful transit oriented development projects nationwide.  As of 2015, Metro has catalyzed over $235 billion of economic development at or adjacent to Metro property.

POINT (-77.0196308 38.8978432)