cliff henke sr analyst brt and small starts pb tr s inc denver streetcar workshop september 27 2007 n.
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Cliff Henke Sr. Analyst, BRT and Small Starts PB TR&S, Inc. Denver Streetcar Workshop – September 27, 2007. Seattle and Streetcars– An Update. Topics Today. Brief Background Status 2007 opening 2008 referendum Keys to success. Challenging topography and street grid .

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cliff henke sr analyst brt and small starts pb tr s inc denver streetcar workshop september 27 2007
Cliff Henke

Sr. Analyst, BRT and Small Starts

PB TR&S, Inc.

Denver Streetcar Workshop – September 27, 2007

Seattle and Streetcars– An Update

topics today
Topics Today
  • Brief Background
  • Status
    • 2007 opening
    • 2008 referendum
  • Keys to success
challenging topography and street grid
Challenging topography and street grid

South Lake Union neighborhood

the right time the right place
The right time, the right place
  • Two of fastest growing neighborhoods in Seattle
  • Expect 25,000 new jobs and 11,000 new households by 2024
seattle streetcar by the numbers
Seattle Streetcar by the numbers
  • 2.6 miles
  • 11 stops
  • 3 streetcars
  • $51 million to construct
  • 330,000 riders/year
  • 3.3 million square feet of office development
  • 6,100 units of housing
turning challenges into opportunities
Turning Challenges into Opportunities
  • Climate of skepticism
  • Leveraging private partnerships
  • Metro Transit Joint Operations Agreement
local improvement district
Seattle’s first LID in 15 years

Covers half of capital cost–$25M

Only contested by 1.47% of property owners

Local Improvement District
funding streetcar operations

King County Metro

$13.9 M

Sponsorships

$8.2 M

Other $2 M

Farebox

$8.2 M

Funding streetcar operations
streetcar timeline

January 2003

Streetcar Concept Announced

June 2006

Streetcar groundbreaking

December 2007

Streetcar operating

October 2005

Local Improvement District implemented

Streetcar Timeline

June 2007

Joint operating agreement approved

June 2005

Funding plan approved

keys to success
Keys to Success
  • Buy-in of all major stakeholders
  • Public share of financial plan
  • Fast implementation (less than four years concept to revenue opening)
  • Local developer support
  • Minimal disruption during construction (Portland model)
  • Flexibility during construction to address field conditions