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National Surface Transportation Infrastructure Financing Commission Richard J. Simonetta Chief Executive Officer

National Surface Transportation Infrastructure Financing Commission Richard J. Simonetta Chief Executive Officer. February 12, 2008. Continued Population Growth. Travel Increasing Faster Than Population. Transit Election History. 1989: ValTrans – Regional 1994: Proposition 400 – Regional

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National Surface Transportation Infrastructure Financing Commission Richard J. Simonetta Chief Executive Officer

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  1. National Surface TransportationInfrastructure Financing CommissionRichard J. Simonetta Chief Executive Officer February 12, 2008

  2. Continued Population Growth

  3. Travel Increasing Faster Than Population

  4. Transit Election History 1989: ValTrans – Regional 1994: Proposition 400 – Regional 1996: Proposition 400 – Tempe 1997: Proposition 1 – Phoenix 1997: Proposition 1 – Scottsdale 1998: Question #1 – Chandler 1998: Quality of Life Tax - Mesa 2000: Proposition 2000 – Phoenix 2001: Proposition 402 - Glendale 2004: Proposition 400 – Regional

  5. Light Rail/High Capacity Transit System 57-Mile System

  6. Light Rail moves more people

  7. METRO Light Rail Transit Program • 57-mile system by 2026 • 20 miles in construction • 5 miles in design (Northwest Extension) • Phoenix sales tax (2000) • 32 additional miles in planning

  8. Line Sections

  9. Operations and Maintenance Center

  10. Light Rail Vehicles • 50 of 50 vehicles have arrived in Phoenix • Final assembly at OMC by Kinkisharyo

  11. “Cool Screen” Station

  12. Construction Status • Construction: 79.6% complete • Overall project: 82% complete • 94% of total track in place • Opening date: December 2008

  13. *$5.7 billion $1.4 Billion LR investmentNon-rail investments Economic Development in Phoenix2000 to present • $5.7 billion total development investment within quarter-mile of Phoenix alignment -$2.2 billion is public investment • 5,500 residential units • 7.8 million square feet commercial planned, under construction, or completed *Source: Phoenix Downtown Development Office

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