James DeRosa TOD Forum February 22, 2007. Bus Rapid Transit (BRT) “Think Rail, use Buses” Exclusive Transit Lanes Fewer stops along route Improved boarding.

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Presentation transcript:

James DeRosa TOD Forum February 22, 2007

Bus Rapid Transit (BRT) “Think Rail, use Buses” Exclusive Transit Lanes Fewer stops along route Improved boarding facilities Improved Fare Collection System Traffic Signal Prioritization Diesel Hybrid Electric Vehicles TOD Opportunities

EUCLID CORRIDOR PROJECT MAP 36 Stations/62 Locations

Euclid Avenue Transformation: Setting the Table for Economic Development and Transit Oriented Development

t Road

Examples of TOD Opportunities 4601 Euclid Avenue 6611 Euclid Avenue University Circle E. 120 th / Mayfield Station

4601 Euclid Avenue

Approx acres RTA Community Response Transit Center Building #1: 76,000 SF Building #2: 5,000 SF Fueling Station: Covered fueling station with three pump islands ECTP stop at E. 46 th Street

6611 Euclid Avenue

Approximately 2.28 acres Vacant manufacturing buildings Building #1: Approximately 15,086 SF / floor x 7 floors, for a total of 105,602 SF Building #2: Approximately 9,280 SF / floor x 7 floors, for a total of 64,960 SF Demolition of third building complete

6611 Euclid Avenue Asbestos abatement in all buildings complete ECTP stop at E. 66 th street Targeted by MidTown Cleveland as a node of development Adjacent to Dunham Tavern Museum

120 th / Mayfield Road Transit Station UARD Existing Station LITTLE ITALY NEW STATION STUDY AREA

120 th / Mayfield Road Transit Station Considerations Location of station Access to ECTP and Little Italy Use by students (CWRU & CIA) Use by employers (Institutions & University Hospitals) Study funded by NOACA RTA The Cleveland Foundation CWRU

Considerations High density, high quality uses that increase volume of riders Value to RTA based on a fair market return on public investment (land sale vs. future revenue streams) Consistency with city/neighborhood plans Note: Ohio Constitution VIII prohibits transit authorities from lending aid and credit to developer

Considerations Resources New Market Tax Credits Charter One UPtown Initiative CDC assistance City support Process RFP issued by RTA See Then go to Business Center: Contract Opportunities

Contact Information James DeRosa, RTA Deputy Project Manager of Real Estate, Euclid Corridor Transportation Project (216)