AMERICA S MOST FORWARD-MOVING REGION RTA 208 Triangle Mobility Report
WELCOME TO A GROWING COMMUNITY THAT WILL GROW ON YOU. FORBES 207 BEST PLACES FOR BUSINESS AND CAREERS. Portland, OR 2., NC 3. Seattle, WA 4. Denver, CO 5. Des Moines, IA 6. Provo, UT 7. Charlotte, NC The Triangle market is one of the fastest-growing regions in the country, and we are consistently named one of the best places to live and work. In fact, is the only U.S. city that has been named in the top 3 best places for business and careers by Forbes for each of the past 5 years. This report highlights where we have been and where we intend to go with enhanced regional mobility to ensure that our market maintains its competitive advantage as we grow. TRIANGLE GROWTH PROJECTIONS 2,500,000 URBAN LAND INSTITUTE 208 U.S. MARKETS TO WATCH. Seattle, WA 2. Austin, TX 3. Salt Lake City, UT 4. /, NC 5. Dallas, TX 6. Ft. Lauderdale, FL 7. Los Angeles, CA 8. San Jose, CA 9. Nashville, TN 0. Boston, MA U.S. NEWS & WORLD REPORT 207 BEST PLACES TO LIVE 8. Austin, TX 9. Atlanta, GA 0. Dallas, TX 2,000,000,500,000,000,000 500,000 200 202 204 206 208 2020 2022 2024 2026 2028 2030 Population Employment Source: Triangle Regional Model, v5. Austin, TX 2. Denver, CO 3. San Jose, CA 4. Washington, DC 5. Fayetteville, AR 6. Seattle, WA 7. &, NC 8. Boston, MA 9. Des Moines, IA 0. Salt Lake City, UT 2 3
WE HAVEN T SAT STILL, BECAUSE WE DON T WANT TO SIT STILL. Our high-growth region has been prioritizing investment in key transportation corridors and far-reaching policies for several years. For example, we have added more than 50 miles of new freeways just since 2000. 50 MILES OF NEW FREEWAY SINCE 2000. SELECTED MAJOR HIGHWAY IMPROVEMENTS SINCE 2000: Opening of I-, the Outer Loop freeway in North Widening of I- between and, relieving the region s top bottleneck Widening of I- in A STATEWIDE, DATA- DRIVEN APPROACH AND ENHANCED STATE FUNDING HAVE ADVANCED Creation of NC / Triangle Expressway toll system KEY PROJECTS. Development of new I-87 freeway to I-95 north Freeway Improvements since 2000 86 5 54 RTP 4 2 87 2 87 55 Facility Type Freeways Other Highways 42 Freeway Projects Completed Since 2000 New Freeway Freeway Widening 95 4 5
GROWING UP, WITHOUT GROWING CONGESTION. The majority of our peer markets with analytics, technology, and life sciences clusters have higher traffic congestion index rankings and overall delay both during rush hour periods and throughout the day. 25 20 Percentage of Peak Hours Spent in Conges on Within Region 5 % 0 5 LESS THAN 5 MINUTES SPENT IN PEAK PERIOD CONGESTION PER PERSON EACH DAY. INRIX Conges on Index % 0 30 25 20 5 0 Percentage of Peak Hours Spent in Conges on To/From Region Source data: INRIX 207 THE TRIANGLE HAS LOWER CONGESTION AT ALL TIMES OF DAY COMPARED WITH MOST PEER MARKETS. Source data: INRIX, 207 5 0 Daily Time Spent in Conges on During Peak Periods Minutes per Person 25 20 5 0 5 2 8 5 4 4 2 2 9 8 8 4 25 20 Source data: INRIX 207 Percentage of Mid-Day Travel Within the Region that is Congested 0 5 % 0 Source data: INRIX, 207 5 0 Source data: INRIX 207 6 7
IF WE BUILD IT, THEY CAN COME. Our market will be adding more than miles of new freeway over the next 0-2 years including an expansion of the most advanced turnpike in America along with dozens of miles of highway widening and modernization projects. THE GROWING /TRIANGLE EXPRESSWAY SYSTEM IS THE MOST ADVANCED TURNPIKE IN AMERICA AND A USDOT-DESIGNATED AUTOMATED PROVING GROUND. KEY PROJECTS Upgrade of US north to freeway Upgrade of US east of to freeway Acceleration of to I- and I-42 i n southern Wake County + MILES OF NEW FREEWAY OR UPGRADE TO FREEWAY ARE FULLY FUNDED. Current Regional Road Network 2027 Regional Road Network 86 54 5 RTP 4 2 5 86 54 5 RTP 8 8 8 4 2 2 87 2 87 RTP 87 2 87 Facility Type 55 Freeways 55 Other Highways 42 Funded Major Highway Improvements New Freeway 42 Facility Type Freeways Freeway Widening Upgrade to Freeway Other Highways 95 Other Widening 95 8 9
WHAT S LUCK GOT TO DO WITH IT? This Triangle benefits from having both I- and I-95 in relatively close proximity to our region, without either of these primary north-south Interstates serving as a major commuting corridor for our market. This reduces congestion levels and buys us more time for improvements. PRIMARY INTERSTATES IN TRIANGLE AREA I- I-42 I- I-87 I-95 THE TRIANGLE HAS EASY ACCESS T O I- AND I-95 WITHOUT THEIR TRAFFIC IMPACTS ON OUR DAILY COMMUTES. To Washington, D.C. Richmond VA NC To Atlanta Charlotte To Miami 0
YO U C A N T R AV E L WITHIN: NGU T A M E R I C A S M O S T F O R W A R D - 0 M OM V II N R E E GSI O N R T A 2 0 8 T r i a n g l e 2M0o bmi Il N i tu y TR E e S p o r t 30 MINUTES OUR BOOMING REGION IS SHOWING NO SIGNS OF SLOWING DOWN. Whether one is starting from Downtown or Downtown, you can typically Potential Travel Area from Downtown, 200 MAPS SHOW HOW FAR YO U C A N T R AV E L WITHIN: Potential Travel Area from Downtown, 200-200 - 200 travel considerable distances 5 during peak periods today in 86 a given amount of time and 54 in the future as well, thanks to f u n MAPS d e d, sshow u s t a i n ehow d i n v FAR estments 86 54 30 MINUTES 55 DURING PEAK PERIODS 2 87 95 55 Potential Travel Area from Downtown, 2030 Potential Travel Area from Downtown, 2030-2030 - 2030 5 86 54 86 87 WE EXPECT 5 4 2 LARGELY 2 54 STABLE 4 55 T R AV E L MINUTES TIMES 87 2 THROUGH 2030. 55 DESPITE OUR G R O W T H R AT E, MINUTES 2 MINUTES 2 4 DURING PEAK PERIODS 30 87 MINUTES 20 20 2 0 MINUTES 20 MINUTES 30 MINUTES 5 4 0 MINUTES WITHIN: 0 i n ry e goi oun acl A trn a n stpr o rat avt ieo L n. MAPS SHOW HOW FAR YO U C A N T R AV E L WITHIN: 95 3
MAKING THE BEST USE OF EVERY MILE AND EVERY MINUTE. Our region is developing the longest express shoulder managed lane in + MILES O F America along I-. In addition, we MPH SPEED have activated several on-ramp signals. LIMITS ADDED As well, more than miles of freeway speed limits have been increased in the SINCE 202. last five years. Freeway Speed Limit Increases since 202 EXISTING ON-RAMP SIGNALS FUTURE EXPRESS SHOULDER LANES THE NEWLY-FUNDED EXPRESS SHOULDER LANE ON I- WILL BE /7 THE COST OF A TYPICAL EXPRESS LANE. 86 5 54 RTP 4 2 87 2 87 55 Speed Limit Increased To: 42 60 MPH 65 MPH MPH 95 4 5
GREEN IS THE COLOR OF MOBILITY. Our region has more than 300 miles of local and national greenways for commuting and recreation, in addition to a growing network of bicycle lanes. In fact, fully 97% of the Triangle s portion of the Maine-to-Florida East Coast Greenway will be off-road by 209. MORE THAN MILLION MILES BIKED PER YEAR ON THE EAST COAST GREENWAY IN THE TRIANGLE. EAST COAST GREENWAY THE TRIANGLE IS THE MOST CONNECTED AND COMPLETED METRO AREA ON THE EAST COAST GREENWAY. Triangle Area Greenways and Bicycle Lanes East Coast Greenway map for the Triangle Region TRIANGLE RTP Completed Trail Trail in Development Courtesy of East Coast Greenway, 207 Facility Type Bike Lane Greenway 6 7
SHARE AND SHARE DIFFERENT. The innovative Triangle market is the home to six different bicycle share programs both dockless and with docking stations in three area municipalities and three universities. TRIANGLE AREA BICYCLE SHARE Gotcha Bike (UNC ) LimeBike Ofo Spin Zagster (NC Central University) Bewegen opening spring 208 LimeBike (NC State University) 6 BIKESHARE PROGRAMS LAUNCHED REGIONWIDE, DURING 207-8. 8 9
TRANSIT WILL CONNECT ALL THE DOTS. Our region s three core counties have all recently passed voter referenda to provide more than $ billion in locallycontrolled funding via a ½-cent sales tax for new and enhanced transit. The result will be a massive increase in transit service and infrastructure by 2030 across our region. This will include more than 25 miles of bus rapid transit, more than 35 miles of commuter rail, and more than 5 miles of light rail. $ BILLION I N NEW LOCAL FUNDS DEDICATED TO NEW TRANSIT SERVICE OVER THE NEXT 0 YEARS. Annual Revenue Hours per Capita 3 2.5 2.5 0.5 0 Exis ng 2.7 Commi ed 2.4 Triangle Region Peer Transit Abundance.9.8.8.6.3.3.2.2 0.9 0.7 MORE THAN $4 BILLION IN NEW TRANSIT INVESTMENT BY 2028. $300,000,000 $250,000,000 Local Revenues for Expanded Transit Sources: National Transit Database, Recommended Wake County Transit Plan Triangle Area Transit Infrastructure, 2028 $200,000,000 $50,000,000 $00,000,000 86 5 $50,000,000 $0 202 203 204 205 206 207 208 209 2020 202 2022 2023 2024 2025 2026 2027 2028 2029 2030 54 RTP Wake County County Orange County 4 NOTE: and Orange counties began collecting local sales tax in 203; Wake County began in 207 Sources: Wake County, GoTriangle 87 Committed Transit Infrastructure Legend Bus Rapid Transit Light Rail Commuter Rail Garner 20 2
IT ONLY GETS BETTER FROM HERE. Our region is adding miles of frequent transit service every 5 minutes or better, all day with an overall tripling of bus service within Wake County ( and area) by 2027. - Frequent Transit Network, 2028 4 BY 2027, THE PERCENTAGE OF JOBS AND POPULATION WITHIN ¾-MILE OF FREQUENT TRANSIT SERVICE WILL MORE THAN DOUBLE IN WAKE COUNTY. Wake County Popula on and Jobs Within 3/4 Mile of Frequent Service 87 Jobs 20% 43% Proposed Frequent Network Exis ng Frequent Network Committed Frequent Transit Network Existing Legend Future Popula on 9% 2% - Frequent Transit Network, 2028 0% 0% 20% 30% % 50% 60% % 80% 5 MILES O F 5 MINUTE 86 FREQUENT RTP SERVICE TO BE 54 ADDED IN THE NEXT 0 YEARS. Committed Frequent Transit Network Existing Legend Future 22 23
LEVERAGING BOTH LOW AND HIGH-TECH TRANSIT. We have one of the largest bus on shoulder systems (BOSS) in America to keep regional buses moving by using existing freeway shoulders when congestion occurs. In addition, every bus in our region is trackable via a real time mobile phone app, with 208 bringing on-demand shuttles for all of Research Triangle Park. MORE THAN SHOULDER-MILES OF ACTIVE BUS ON SHOULDER SYSTEM TODAY. THE FIRST REGION IN THE U.S. WITH REAL-TIME BUS TRACKING ACROSS THE ENTIRE SYSTEM. need permission to use this image 24 25
LEVERAGING MORE THAN 50 YEARS OF FORESIGHT. The North Carolina Railroad Company is a private company with one hundred percent of the stock owned by the state of North Carolina. The 300+ mile railroad corridor that runs from Charlotte through the Triangle, to the coastal port of Morehead City, provides economically vital freight and commerce linkages for the Triangle as well as expanded intercity rail service, including potential higher speed trains and future commuter rail. RALEIGH-CARY-DURHAM-GREENSBORO- CHARLOTTE PASSENGER RAIL SERVICE 6 trains per day Today (3 each way) 8 trains per day in 208 (4 each way) 0 trains per day in 209 (5 each way) THE PRIVATELY OWNED NORTH CAROLINA RAILROAD CORRIDOR IS A 300+ MILE COMPETITIVE ADVANTAGE FOR OUR REGION AND STATE. New Union Station Opening Early 208 Courtesy of the North Carolina Railroad Company, 207 26 27
YOU CAN GET THERE FROM HERE. We became the first non-hub region with two daily nonstop transatlantic flights in 206, with Delta service to Paris complementing American service to London. In 207 - International () was named the most connected mid-sized Airport in the U.S., with nearly 50 nonstop destinations available. has a healthy mix of carriers that helps keep airfares competitive today. INTERNATIONAL IS THE MOST CONNECTED MID-SIZED AIRPORT IN THE U.S. 7,000,000 6,500,000 6,000,000 5,500,000 5,000,000 4,500,000 4,000,000 Sustained Steady Growth at 200 20 202 203 204 205 206 Annual Seats Annual Enplanements Expansion of Non-Stop Service from Airport Since 202 Non-Stop Destinations from Seattle Minneapolis St. Paul San Francisco Las Vegas Los Angeles Salt Lake City Phoenix Denver Legend Non-stop Destinations New Non-stop Destinations Added in Last 5 Years Additional Non-stop Service Added in Last 5 Years Kansas Dallas (Ft. Worth) Dallas (Love) Austin Houston (Bush) Houston (Hobby) Chicago (O Hare) Detroit Boston Chicago Cleveland Hartford Providence Midway Columbus Pittsburgh Indianapolis New York (LGA) Philadelphia Cincinnati New York (JFK) St. Louis Newark Trenton Baltimore-Washington Washington (Reagan) Nashville Charlotte Washington (Dulles) Atlanta New Orleans St. Pete Tampa Punta Gorda Orlando (Sanford) Orlando (International) Ft. Lauderdale Miami Paris London Toronto Cancun NOW MILLION ANNUAL PASSENGERS AT. 28 29
TAKING OUR REGION TO NEW HEIGHTS WITHOUT THE HIGH COSTS. - International () has a healthy mix of carriers that keeps airfares competitive today. In addition, has a strong Vision 20 business plan to replace and lengthen our primary runway to,500 feet to provide increased safety and operational flexibility. will also expand the number of terminal gates, enhance parking offerings, and create a new, more convenient car rental facility. THE N.C. STATE LEGISLATURE IN 207 APPROVED A RECURRING INVESTMENT OF MORE THAN $30 MILLION PER YEAR IN. Diversified Mix of Air Carriers at Airport AIR CANADA ALLEGIANT ALASKA FRONTIER JETBLUE DELTA 30% UNITED 2% AMERICAN 27% SOUTHWEST 9% 30 3
Revised: January 9, 208 BRINGING IT ALL TOGETHER. The Triangle area has benefited tremendously from the sustained, cooperative approach of our market s elected leaders, transportation officials, and private sector. The Regional Transportation Alliance (RTA) the voice of the regional business community on transportation has been a powerful, collaborative partner for more than 5 years. We are committed to ensuring the continued strengthening of our region s mobility assets as we grow. For more information: Joe Milazzo II, PE Executive Director Regional Transportation Alliance joe@letsgetmoving.org 99.6.65 32 33
34 Regional Transportation Alliance The voice of the regional business community on transportation www.letsgetmoving.org