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San Diego Regional Economic Prosperity Strategy

San Diego Regional Economic Prosperity Strategy. Transportation: Helping Address the Three E’s. Prosperity Strategy Identifies Three Major Challenges. Quality of job growth Widening wage gap High cost of living.

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San Diego Regional Economic Prosperity Strategy

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  1. San DiegoRegional Economic Prosperity Strategy Transportation: Helping Address the Three E’s

  2. Prosperity Strategy IdentifiesThree Major Challenges • Quality of job growth • Widening wage gap • High cost of living

  3. Economy Has Created 8 Times More Low than High Paying JobsUnbalanced Job Growth Affects Distribution of Wages

  4. We Are Falling Behind the State and NationGrowth inReal Per Capita Income Not Keeping Pace 70% United States 60% 50% California 40% 30% San Diego 20% 10% 0% 1984 1988 1990 1992 2000 2002 1982 1986 1994 1980 1970 1976 1978 1972 1974 1996 1998

  5. Which Jobs Influence Economic Growth Most? • Export Oriented • Unconstrained Market Potential

  6. Biomedical Products Biotechnology Communications Computer Electronics Defense & Transportation Design Services Entertainment Environmental Technology Financial Services Fruits &Vegetables Horticulture Publishing Services Recreational Goods Software Specialty Foods Travel andHospitality 16 Traded Employment Clusters Drive Our Economy

  7. Proportion of Jobs in Each “Driving” Employment Cluster-2005 (Traded Clusters Set the Pace of Economic Growth) Communications Financial Services 8% Biotechnology & 11% Pharmaceuticals 7% Defense 6% Computer & Electronics 5% Traded Employment Other Jobs Clusters Other Clusters 19% 26% Travel & Hospitality 11% Entertainment & Amusement 33%

  8. Low Paying “Driving” Cluster Industries(Clusters with Average Wage Less than Region’s, $2004)

  9. High Paying “Driving” Cluster Industries(Clusters with Average Wage Greater than Region’s, $2004)

  10. Estimating Economic Impacts ofBorder Wait Times January 2008 in theSan Diego-Baja California Region

  11. Binational Trade & Freight Facts Mexicois theUnited States’ third largest trading partner. #3 #1 9% of U.S.-Mexicotrade value crosses at Otay Mesa and Tecate.

  12. The Otay MesaPort of Entry (POE) is the third ranking POE in trade dollar value between theU.S. and Mexico. #3 Otay Mesa POE #2 MexicoisCalifornia’s number one export market. #1 Binational Trade & Freight Facts

  13. Value of Trade Passing Through SD POE’s Rising Faster than GRP Northbound Truck Crossings Otay Mesa & Tecate POEs Number of Trucks (thousands) Two-Way Trade (in $millions)

  14. San Diego-Baja California POEs: Current Conditions San Ysidro

  15. Cross-Border Personal Travel Combined Regional Economic Impacts (San Diego County & Baja California) Impact Category Total Annual Impact (2007) Output (millions of U.S. dollars) Labor Income (millions of U.S. dollars) Employment (FTE jobs) -$2,989 -$1,256 -40,450

  16. Otay Mesa Commercial POECurrent Conditions

  17. Economic Impacts due to Cross-Border Freight Delay Impact Category 2007 Total Annual Impact (U.S. $ in millions) Baja California United States San Diego County California Mexico Output Labor Income Employment(FTE jobs) -$ 539 -$ 155 -2,912 -$ 847 -$ 241 -4,323 -$ 1,487 -$ 415 -9048 -$ 2,451 -$ 280 -12,897 -$ 1,560 -$ 178 -8,207

  18. Lost Economic BenefitsSan Diego-Baja CaliforniaPersonal Travel and Freight Movements (2007) $5.1 Billion in Lost Output = 3 1/2 San DiegoConventionCenters 51,570 Lost Jobs = 8.5 QualcommCompanies

  19. -51,570 -62,357 -104,146 -123,682 Projected Employment Impact of Border DelayPersonal Travel and Freight Movements (2007) San Diego County & Baja California United States & Mexico 0 -40,000 Employment Loss -80,000 -120,000 2007 2014

  20. 2030 RegionalTransportation Plan: Pathways for the Future

  21. A million new residents by 2030 A half million new jobs

  22. Chula Vista to Sorrento ValleyTravel Time 120 100 Auto 90 Without Investment 80 77 Current 64 56 60 51 With Investment 40 20 0 Average Travel Time, Door-to-Door (In Minutes)

  23. Chula Vista to Sorrento ValleyTravel Time 120 Without Investment 113 110 108 Current 103 100 Transit 80 60 55 49 44 40 With Investment 20 0 Average Travel Time, Door-to-Door (In Minutes)

  24. Chula Vista to Sorrento ValleyTravel Time 120 Carpool 100 Without Investment 85 80 70 60 51 Current 40 30 29 With Investment 20 0 Average Travel Time, Door-to-Door (In Minutes)

  25. 54 55 49 Chula Vista to Sorrento ValleyTravel Time 120 All Modes (weighted average) 100 95 Without Investment 80 79 69 Current 60 52 40 With Investment 20 0 Average Travel Time, Door-to-Door (In Minutes)

  26. Environmental Mitigation Program May 2005 27

  27. Environmental Mitigation Program RegionalHabitat PreservePlanning Area with Mobility Network 28

  28. F i n a n c i n g C o s t $ 0 . 5 M a j o r H i g h w a y & E n v i r o n m en t al T r an s i t P r o j e c t s ( 4 7 ) M i t i g a t io n $ 4 . 65 $ 0 . 6 E n v i r o n m en t al M i t i g a t io n L o c al T r an s i t $ 0 . 2 5 S e r v i c es L o c al S t r e e t s $ 2 . 2 4 & S m a r t G r o w t h R o a d s $ 0 . 2 8 $ 3 . 9 5 O v e r s i g h t C om m i t t e e ( N o t s h o w n ) $ 0 . 0 1 Extension 40 Year Expenditure Plan ( I n B ill io n s , 2 0 0 2 D o l l a r s ) N e w B R T / R a i l O p e r a t io n s $ 1 . 1 A d m i n i s t r a t io n $ 0 . 1 4 B i k e & P e d e s t r i a n Total Program $14 Billion $ 0 . 2 8 29

  29. ( In M ill i o n s , 2 0 0 2 D o l l a r s ) T r a n s p o r t a t i o n P r o j e c t L o c a l M i t i g a t i o n T r a n s p o r t a t i o n F u n d P r o j e c t $ 6 5 0m M a j o r M i t i g a t i o n H i g h w a y & $ 2 0 0 T r a n s i t P r o j e c t M i t i g a t i o n $ 5 0 $ 4 5 0 $ 1 5 0 R e g i o n a l H a b i t a t C o n s e r v a t i o n F u n d $ 2 0 0m Extension Environmental Mitigation Program Costs Total Program $850 Million Plus up to $30m in financing costs For advanced habitat acquisition 30

  30. Environmental Mitigation Program “Economic Benefit” based on: • Purchasing mitigation land in advance of need in larger blocks at a lower cost • Preventing Mitigation Ratio “Creep” 31

  31. Environmental Mitigation Program Conservation Benefits: • Large-scale acquisition, restoration and management of critical habitat areas • Make good on conservation programs promises • Develop biological database make available to public 32

  32. Environmental Mitigation Program Transportation Benefits: • Approach provides mitigation assurances for future transportation improvements • Reduces future mitigation costs andallows for accelerated project delivery • Transportation project mitigation consistent with habitat conservation plans 33

  33. San DiegoRegional Economic Prosperity Strategy Transportation: Helping Address the Three E’s

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