Replacing Park-and-Ride Lots With Transit-Oriented Development

I don't know all the details, but the MacArthur BART Transit Village project seems to me to be an example of roughly doing it right, replacing a parking lot with actual houses and stores and stuff for people to live in.

Beyond the micro-details of planning, this illustrates the thing that's wrong with a lot of proposals I've seen to "privatize" parking lots owned by transit agencies. The way you privatize a parking lot is to sell the parking lot to someone who, as the owner of the land, now has the right to redevelop it as something that's not a parking lot. What they're considering instead in New Jersey, for example, is to basically privatize the operation of the parking lot, which is a very different matter that still leaves you with a parking lot.