Urban transformation became one of the premises on the urban agenda in Turkey, which was accelerated with the introduction of the neo-liberal policies in the 1980s and became apparent in the 2000s as rapid and massive urban transformations mainly held by macro-scaled public investments. In this regard, high-speed railway (HSR) systems, newly introduced to the Turkish case, appear as one of these macro-scale public investments. In this context, the European literature on HSR development projects reveals that the economic value of these transformations are prioritized while the use-value is often neglected. Thus, this paper attempts to put forth a new framework focusing on the components of use-value of HSR station development projects: diversity of uses, publicness, urban image as a gateway and historicity. In addition to this, a preliminary research is conducted to analyze the expected transformative impacts of the Ankara HSR Station Area Development Project regarding the train station's use-value. The results of the study shows that there is a need for an integral approach, balancing both the economic and use value of the train station areas to manage the spatial transformative impacts of HSR station area development projects.