Ohio Passenger Rail Development. Northwest Ohio Passenger Rail Association

Transcription

1 Ohio Passenger Rail Development Northwest Ohio Passenger Rail Association Ohio Rail Development Commission June 11, 2010

2 Ohio Strategy Establish the Market Grow the Market Capture the Value of the Market

3 3C Market Strengths Cleveland Columbus Cincinnati Large end-point population centers Many intermediate cities Mid-point Capitol City Lacks air service Serves strong business market Potential to serve commuter markets Potential to stand-alone Serves 60% of Ohio Population

4 Establish the Market 3C Quick Start

5 Ohio s 3C Quick Start Application for ARRA funding SUCCESS: $400 million award. Among the largest awards. Other applicants couldn t meet the requirements. ODOT/ORDC staff worked tirelessly to submit a comprehensive application.

6 3C Quick Start Service Characteristics Three trains per day in each direction 79-mph top speed Fares approx. 15 cents/mile On-board Food Service 478,000 Annual Trips Compares favorably to other Amtrak corridors

7 3C Quick Start Tier One Environmental Assessment and Alternatives Analysis Completed in 8 weeks Purpose and Need 33 Route Alternatives Three Levels of Screening Public Involvement FONSI

8 3C Quick Start Capital Improvements Capacity additions Track upgrades Train maintenance facilities 8 Passenger Stations Highway/Rail grade crossing improvements Train fleet

9 Proposal to Project Next Steps Finalize FRA Statement of Work Complete Capacity Analysis Select Operator Procure Equipment Strategy Initiate Railroad Negotiations Conduct Preliminary Engineering Complete Tier Two Environmental Assessment

10 The Ohio Hub Growing the Market Ohio Hub MWRRS Trips in million 13.6 million

11 The Ohio Hub Service Characteristics: Expanded system Increased speeds More frequencies Improved Fast Frequent services Reliable Competitive with automobile times Same-day round trips

12 Ohio Hub Feasibility Study Combined 72 stations the - 10 Ohio corridors Hub and 33 million MWRRS people (east) in into 6 States a single and 2,300-mile Ontario, Canada passenger rail network

13 Ohio Hub Optimized Train Frequencies Toledo Hub: 76 Trains/Day 38 Arrivals 38 Departures Columbus Hub: 80 Trains/Day 40 Arrivals 40 Departures Cleveland Hub: 64 Trains/Day 32 Arrivals 32 Departures

14 The Toledo Hub Strategically Positioned for Growth Station Activity in 2025: 76 trains per day 786,000 annual trips 5 th highest ridership among Ohio Hub stations Destination/Travel Time: To Chicago: 3 :18 To Cleveland: 1 :25 To Columbus: 2: 12 To Detroit 1: 15 To Pittsburgh: 3 :45 To Toronto: 6 :30

15 Ohio Hub PEIS Programmatic Environmental Impact Statement Kick-off on Monday

16 Toledo Rail Corridors PEIS Alternatives Analysis

17 Chicago - Toledo PEIS Alternatives Analysis

18 Toledo - Cleveland PEIS Alternatives Analysis

19 Ohio Hub Study Feasibility Analysis Criteria FRA Commercial Feasibility Report to Congress set criteria for establishing project feasibility: 1. The ratio of operating revenues to operating costs; and 2. The ratio of total project benefits to total project costs

20 Ohio Hub Study Ridership, Revenue and Operating Cost Data Corridor Revenue Cost Rev/TM Cost/TM Surplus Op Ratio Riders Psgr Miles Load Fctr Trip Len Yield Chicago-Michigan $136 $97 $47.73 $34.12 $ $0.22 Chicago-FTW-Toledo $99 $64 $53.72 $34.81 $ $0.27 Chicago-Cincinnati $60 $40 $51.44 $34.42 $ $0.29 Total MWRRS Eastern $295 $202 $50.36 $34.40 $ $0.25 Cleveland-Cincinnati $100 $55 $78.01 $42.88 $ $0.38 Cleveland-Detroit $51 $36 $46.44 $32.82 $ $0.25 Cleveland-Niagara Falls $45 $25 $69.49 $38.32 $ $0.39 Cleveland-Pittsburgh $30 $22 $43.17 $31.24 $ $0.32 Subtotal OHIO Base $226 $138 $60.74 $36.96 $ $0.33 Pittsburgh-Columbus $25 $20 $41.22 $32.98 $ $0.27 Columbus-Ft Wayne $36 $26 $45.40 $33.04 $ $0.25 Columbus-Toledo $24 $18 $42.85 $31.83 $ $0.25 Subtotal OHIO Incremental $85 $64 $43.39 $32.67 $ $0.26 TOTAL OHIO HUB $311 $202 $54.76 $35.48 $ $0.31

21 Capturing the Value of the Market Ohio s Passenger Rail Stations

22 Ohio Hub Economic Impact Study Two Study Teams Two Parallel Study Efforts Provided third party validation Applied alternative methodologies Provided real estate expertise for assessing land use impacts

23 Ohio Hub Short-term Construction Impacts MSA Capital ($ Millions) Economic Benefit (Output in $ Millions) Increase in Household Earnings ($ Millions) Annual Construction Jobs Created Cleveland $653 $1,418 $414 1,245 Cincinnati $240 $554 $ Columbus $361 $829 $ Dayton $120 $236 $ Toledo $190 $373 $ Ohio Total $2,380 $5,993 $1,846 6,060

24 Ohio Hub The Value of the Market Long-term Economic Impacts Annual Ridership Ohio Hub + MWRRI Long-term Jobs Created Increase in Household Income ($ Millions) Increase in Property Value ($ Millions) Cleveland 1,155, $115 $160 $370 $520 Cincinnati 1,074, $95 $135 $330 $470 Columbus 1,110, $85 $115 $250 $340 Dayton 787, $75 $105 $210 $285 Toledo 786, $25 $55 $115 $160 Springfield 69, $7 $10 $20 $30 SYSTEM TOTAL 6,560,000 16,700 $1 Billion $3 Billion

25 Ohio Hub Return on Investment Development Impact on Cleveland $370 to $520 Million

26 Ohio Hub The Value of the Market Potential Development Impact on Toledo $115 to $160 Million

27 Ohio Hub Economic Impact Study Results 5,550-6,060 annual construction jobs 49,900 total construction jobs over 9 years 16,700 permanent jobs $1 billion increase in the region s income $3 billion in station-area development $80 million impact on state tourism 320,000 new overnight trips 5% increase in Cleveland Hopkins air traffic $3 - $6 billion in potential freight rail benefit 9.4 million gallons of fuel saved each year

28 Ohio Hub Economic Impact Study Conclusions Construction of high-speed passenger rail is economically feasible and justifiable assuming an 80% federal construction match. By feasible, we believe the economic benefits justify the investment and the project will not be a burden on the State biennial budget. If, as in the case of highway projects, Ohio provides just 20% of the capital costs, a $1 billion investment will achieve a $17 billion return.

29 Quick Start Station-Area Planning is Underway

30 3C Quick Start Cleveland and SW Cleveland Station Connections 3C Connects to GCRTA at the Lakefront Amtrak Station at West 150 th Street

31 3C Quick Start City of Riverside Wright-Patterson Train Station

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33 Questions?