Streetcar Feasibility Study – San Antonio Alamo Plaza.

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Presentation transcript:

Streetcar Feasibility Study – San Antonio Alamo Plaza

Feasibility Study Overview Should San Antonio undertake development of an inner- city rail circulator system? What would it cost and how might it be paid for? Identify possible corridors and alignments. Where is the highest Economic Development Potential? What would be the operating and service characteristics? Recommend a potential starter project. Identify Next Steps for implementation.

Urban Circulator Grant Notice of Funding Availability from FTA for: (mid-December) –Section 5309 Bus and Bus Facilities Livability Initiative Program - $150 million –Exempt Discretionary Program for Urban Circulator Systems - $130 million Applications for $24.99 million –VIA Primo –Streetcar Project Application Deadline – February 8, 2010 Projects require endorsement of MPO to qualify

Nodal Development (Light Rail) Linear Development (Streetcar) 1 Mile +/- 1200’ 600’ Primary Zone 1 Block Secondary Zone 2 Blocks 1/4 – ½ Mile Nodal vs. Linear Transit-Oriented Development Patterns

Portland Pearl District Portland, OR South Water Front Portland, OR BEFOREAFTER BEFOREAFTER

Portland Portland Streetcar Economic Impact (within 2 blocks) $1.5 billion of investment, including more than 7,300 housing units, as a result of starter project from commitment of project (1997) to announcement of first extension. $3.5 billion of total investment since 1997, including over 10,000 housing units and 5.4 million square feet of office, institutional, retail, and hotel. 55% of all CBD development since 1997 has occurred within 1 block Developers are building new residential buildings with significantly lower parking ratios than anywhere else in the region.

Portland Development in relation to Streetcar Line Portland, OR % of all New Development within Downtown % of maximum allowable density of New Development 55% 90%

Streetcar Vision Plan

Next Steps Commission Endorsement to Apply – Jan. 19 Executive Committee grant briefing – Jan. 19 MPO Endorsement to Apply – Jan. 25 Board approval for Grant Application – Jan. 26 Submit Grant Application – Feb. 8 Complete Economic Impact Analysis Finalize Streetcar Commission Recommendation Present to Local Stakeholders Finalize precise starter alignment Federal Grant Award Announcements – June 30 Complete Long Range Plan – Summer 2010

Questions & Comments