Metro is testing ground for FTA

Steve Goldin, director of real estate for Metro, celebrated his one-year anniversary at the agency by releasing a long-awaited bid request for the New Carrolton Metro Station in Prince George’s County.

Goldin told The Washington Examiner this week the relationships he’s built over the last year with the Federal Transit Administration have allowed him to use New Carrollton as a test site for a financing idea of his: the chosen development team will have the option to share the development’s profits with Metro in exchange for a lower rate on the ground lease.