began Friday on a new West Dublin/Pleasanton Bay Area Rapid
Transit station, following official groundbreaking ceremonies.
$86 million station, located in the median along Interstate
Highway 580 between Stoneridge Mall in Pleasanton and Golden
Gate Drive in Dublin, is expected to begin operating sometime in
for construction of the station was generated through a
partnership between BART and a joint venture between
Oakland-based Ampelon Development Group and global real
estate services firm Jones Lang LaSalle, according to a
spokeswoman for the developers. Developers say an
"integrated transit village" will be constructed in
Dublin using money from private developer Windstar Communities.
The development will include 210 apartments, a 150-room hotel,
office space and 7,500 square feet of retail space. The project
also includes parking structures with 1,100 parking spaces.
Windstar Communities is looking to rezone the Pleasanton side of
the project from commercial property to residential property,
according to the developers.
to developers, financing for the project will come from bonds,
public grants and private financing in the form of long-term
ground leases on excess land parcels granted to the developer of
the commercial portion of the project. BART revenues will
account for about $50 million of the $80 million cost of the
project, which is also funded by local and state grants,
according to BART spokesman Linton Johnson.