Addressing conceptual and empirical lacunae in existing work on train station (area) development (TSAD), this paper seeks to systematically bring into conversation re- search on TSAD with literature on neoliberal urbanization. Two major sets of driving factors for urban redevelopment have been identified by TSAD research: economic restructuring and concerns for sustainability. I argue that this conceptual dichotomy is problematic. Con- temporary TSAD is overwhelmingly driven by the logics of neoliberalization: political ac- tors use sustainability discourses to create place-based competitive advantages so as to attract business and capital by enhancing network connectivity and revalorizing central urban space. Using the mega-project “Stuttgart 21” in Germany as a case study I demon- strate that it is essentially designed to secure nodal functions of Stuttgart Central Station (enhance network connectivity) and upgrade the station and adjacent area (revalorize the urban core)—whereas questions of sustainability play a subordinated role at best.