Governments are not businesses - they should not be thinking about "capturing value." Ideally, projects like this are handled at the minimum level of governmen

Governments are not businesses - they should not be thinking about "capturing value." Ideally, projects like this are handled at the minimum level of government: your city's transit system is your city's responsibility, funded through local taxes. This aligns interests the best. In practice, federal bureaucrats all over the world have figured out how to insert themselves into these kinds of local projects, which causes all sorts of conflict of interest problems, and divorces the person spending the money from the person funding the project (both the people who should be funding it and the people who are) and the person getting value from it.