Currently, China is in the period of rapid urbanization and gradual improvement of the rail transportation network. With the increasing population in towns, the construction of many cities has become blind and disorderly to meet people’s housing needs, resulting in traffic congestion, uneven distribution of resources, and other “big city diseases” more serious. From the urban construction experience of developed countries, the mode that urban rail transportation and urban development complement each other and develop together, that is, the regional-wide TOD construction, is an effective way to promote sustainable urban development. This paper focuses on how to select the stations of the rail transit for priority development of TOD projects (TOD development advance sites) within the whole area of the town. When selecting stations, the investment potential and regional driving ability of each station are taken into consideration to make a comprehensive evaluation of each rail transit station, so that the TOD development advance sites can drive the gradual development of its surrounding areas and finally form an urban renewal pattern of interoperability and integrated development of the whole area. With this method, we can effectively solve the current situation of blind and disorderly construction of TOD and various problems in urban development in China, and help to build efficient, green, and livable cities in various places.