Based on the deep foundation pit project of the TOD (Transit-Oriented Development) complex of the Shaoxing North High-speed Railway Station, the influence of different construction stages on the deformation and inclination rate of the adjacent elevated bridge and its variation law are studied through field measurement and numerical simulation. The construction process is optimized by the method of reinforcement outside the pit and adjustment of preloaded axial force, and the influence of distance on elevated bridges is summarized. The results show that with the excavation of the foundation pit, the deformation of the bridge pier and bridge pile foundation gradually increases, and the deformation of the bridge piers is larger than that of the bridge pile foundations. As the depth of soil reinforcement outside the pit and the preloaded axial force increases, the maximum vertical displacement of the bridge pier and bridge pile foundations gradually decreases. The deeper the depth of soil reinforcement, the better the displacement control effect on the elevated bridge. In actual construction, it is recommended that the depth of reinforcement be taken as the excavation depth of the pit. It is obvious that the preloaded axial force is subject to the pit angle effect, and the appropriate value of the preloaded axial force should be selected according to the site conditions. The deformation of the bridge pier and bridge pile foundation generally shows a decreasing trend with the increase in the distance between the elevated bridge and the foundation pit. When the elevated bridge is close to the foundation pit, it will be affected by the pit angle effect, and the fluctuation will decrease. The conclusions drawn in the article can serve as the basis and reference for design and construction, and provide reference for similar projects.