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Spring Street Sidewalk

Spring Street Sidewalk. By: Matthew Corr Robert Duhoski Ashley Gardner Katherine Landauer. Introduction. On Spring Street there is a section of sidewalk missing from Schuyler Meadows Club Road to East Hills Road. We have analyzed the costs and benefits of adding a sidewalk to that section.

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Spring Street Sidewalk

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  1. Spring Street Sidewalk By: Matthew Corr Robert Duhoski Ashley Gardner Katherine Landauer

  2. Introduction • On Spring Street there is a section of sidewalk missing from Schuyler Meadows Club Road to East Hills Road. • We have analyzed the costs and benefits of adding a sidewalk to that section

  3. Safety: Numbers to Consider • 4,378 - Number of pedestrians killed in traffic related incidents (2008) • 37,261- Number of people killed in U.S., resulting from motor vehicle accidents (2008) • 11.7% - Percentage killed, discussing pedestrians only (4,378/37,261)

  4. Major Factors Factors:People Killed:Percentage • Walking, Playing, etc.                    842                                   19.2% • Improper Crossing                        831                                   19.0% • Failure to yield right of way           741                                   16.9%      • Physical Impairment                     617                                   14.1% • Running into road                         480                                   11.0% • Not visible                                    479                                   10.9%

  5. Capital District • YearFatalities (Pedestrian) • 2008          0 • 2007          2 • 2006          4 • 2005          2 • 2004          4 • 2003          6 • 2002          5 • 2001          4 • 2000          6 • 1999          2 • Total        35

  6. Siena Specific • 3.5/300,000 = .0000117 (chance of getting hit in Albany) • Siena Specific:  3,000 Siena Students • regular users (13% * 10% risk reduction) = 0.013 • occasional users (50% * 2.5% risk reduction) = .0125 • Combining the two: 1.3% + 1.25% = 0.0255 • Chance of getting hit, Siena Specific = 0.0255 • .0.0255*$10,000,000(VSL) = $255,000

  7. Safety Benefits ($) : • $255,000 per year • Discounted over 30 years • Total Safety Benefit: $ 4,409,468.49

  8. Spring Street Sidewalk The Sidewalk ends right here. The road on the left is Schuyler Meadows Club Road.

  9. Spring Street Sidewalk The sidewalk begins again just before East Hills Road.

  10. Benefits of Connecting Siena to the Outside Community • Users: Siena students, Siena faculty and staff, outside community members • Small focus group of 8 students used • 13% utilize area on a regular basis • 75% had been to the area before, and were familiar with it.

  11. Benefits of Connecting Siena to the Outside Community • Users: Siena students, Siena faculty and staff, outside community members • Small focus group of 8 students used • 13% utilize area on a regular basis • 75% had been to the area before, and were familiar with it.

  12. Benefits of Connecting Siena to the Outside Community • Number of Siena students: 3,500 • health benefits-savings of health insurance: $330 per year • number of regular users: 13%*3,500= 455 • $150,150 benefits to Siena students per year. • Time frame: 30 years • Net present value of benefits: $2,596,399

  13. Costs of Spring Street Sidewalk • Standard Width of 5ft (60 inches) • Per square foot of sidewalk $50 • 1,800 feet of sidewalk needed • Cost of sidewalk- 1,800 ft * ($50*5) =$450,000

  14. Obstacles to Building Sidewalk • Cost of leveling the land: $45 per foot  • (1,800 ft *5ft)*$45 = $405,000 • Cost of removing shrubs and bushes: $150 • Assume 15 shrubs and bushes need removal ($150*15)= $2,250 • Cost of Obstacles= $405,000+$2,250 =$407,250

  15. Total Cost of Sidewalk • Cost of Sidewalk= $450,000 • Cost of Obstacles= $407,250 • Overall total costs to install the sidewalk: $857,250

  16. Maintenance Costs • Implemented Yearly • Estimated repair of 500ft of Sidewalk • $8.00/ft of repair • =(500ft*5ft)*$8.00/ft Total maintenance cost per year=$20,000

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