Subway stations are generally built in areas with dense buildings, heavy traffic, or dense pipelines. In this case, the control of land subsidence and building deformation is very strict. The Pile Beam Arc (PBA) method has its unique advantages in these aspects, and it is especially suitable for northern China. In this research, the Zhongjie subway station of Shenyang Metro Line 1 is taken as the research object, and MIDAS GTS NX software is used to simulate the various stages of the PBA method construction of the subway station. In this paper, the optimal construction scheme of the subway station is analyzed by numerical simulation. This study also uses the monitoring data provided by the construction site to analyze the influence and distribution law of the subway station on the ground surface deformation in each construction stage. In this paper, the results of numerical simulation are compared with the field monitoring data, and the most dangerous construction stage is obtained. The conclusions of this study can provide accurate supporting scheme and control measures for the subsequent construction.