"This is the finest example of true transit-oriented development," said Eric Heffner, senior vice president of Windstar Communities, a La Jolla-based company developing a 14-acre parcel straddling Interstate 580.
The new $80 million BART station, currently under construction, will serve as the core of a new "transit village" including apartments, condos, a hotel and retail space. It is expected to be complete in 2009.
The BART-owned property sits within Dublin and Pleasanton, with different development proposals for each parcel.
On Wednesday, the Pleasanton Planning Commission and the public will get its first look at the proposal for the 8.5-acre site with that city, near Stoneridge Mall. The property will also include a BART parking garage.
Heffner seeks feedback on the initial plans, before Windstar submits a formal application this summer. Windstar is considering three apartment buildings with a total of 350 units and
12,000 square-feet of ground floor retail on the Pleasanton parcel.
The company is in talks with several grocery store chains to operate a store there, Heffner said.
On the Dublin parcel, Windstar has proposed a 150-room hotel, a 210-unit condo project and 7,500 square feet of commercial space.
Windstar made $15 million in advance payments on their property leases in order to expedite the BART construction timeline.
"We have million and a half feet of retail on one side. On the south side we have a regional mall. There's a BART station," Heffner said. "This is a very unique site and unique location."
The two-story BART station building will be built in the I-580 median, and would connect via pedestrian bridges over the freeway on both sides to the mixed-use projects in Pleasanton and Dublin.
A four-story/five-level BART parking garage also will be constructed, one each on the Pleasanton and Dublin station-area properties.
Construction on the garages began in 2006 and should be done in 2008. Work on the BART station is expected to begin this month and be finished in 2009.
The Dublin City Council gave its first round of approvals on the project in 2004.
The West Dublin/Pleasanton stop will be the first BART station built since the San Francisco International Airport extension opened in 2003.
Sophia Kazmi contributed to this story. Meera Pal covers Pleasanton. Reach her at 925-847-2120 or email@example.com