The North County Transit District (NCTD) Board of Directors voted in favor of entering into Exclusive Negotiation Agreements (ENA) with West Village Partners for the Carlsbad Village Transit Station Redevelopment Project and Raintree Partners for the Poinsettia Transit Station Redevelopment Project, according to the agency's news release.
“We are excited to partner with West Village Partners and Raintree Partners on these transit-oriented development projects and are confident that their experience and knowledge of the Carlsbad community and similar projects, combined with our vision for the future of transit, make them the right fit for these projects,” said Matthew O. Tucker, NCTD’s executive director. “We are eager to start collaboration and the planning process.”
A Request for Proposal (RFP) was issued from April through July of 2022 for mixed-use development projects at NCTD’s Carlsbad Village and Poinsettia Transit Stations. Redevelopment of the sites will maximize underutilized land around the existing stations and create mobility hubs that help increase ridership and regional connectivity, enhance the overall transit experience, and support sustainability goals, according to NCTD.
Proposers were evaluated based on the criteria in the RFP, which emphasized transit prioritization and transit amenities. Entering into the ENA will allow all parties to work through the next steps in the planning process, including project designs and engaging with the community on project features. The selected developers will be required to work within the City of Carlsbad’s entitlement process which is customary for all new developments.
West Village Partners was selected for redevelopment of the 11.33-acre Carlsbad Village Transit Station site.
Raintree Partners was selected for redevelopment of the 11.47-acre Poinsettia Transit Station site.
Benefits of the redevelopment projects include the generation of revenue through long-term ground leases, increased transit ridership, creation of jobs and affordable housing, and a reduction of automobile reliance.
“NCTD’s redevelopment plans address the region’s growing need to promote the use of a sustainable, efficient, and accessible transportation network while providing a sense of a thriving community at these transit stations for decades to come,” Tucker said.