MEDFA- 2017 Annual Conference
MEDFA- 2017 Annual Conference TOM GEREND EXECUTIVE DIRECTOR | KC STREETCAR AUTHORITY
• $102 Million Investment • 4.4 Track Miles • Spring 2014 Groundbreaking
• Fall 2015 Substantial Completion • 2016 Riders Board! • 3 million riders and counting…
Service Plan • 10 minute frequencies during peak hours • Smart City Kiosks & Real time arrival signs • Level boarding & ADA compliant design • Free to ride
• 16 Streetcar stops, every 2-3 blocks • Integration with regional and local connecting KCATA buses (RideKC Partnership)
TOP 10 RIDERSHIP DAYS SINCE OPENING DAY 1. May 6, 2017: 17,267
6. June 24, 2017: 14,751
2. July 16, 2016: 15,780
7. May 7, 2016: 14,648
3. April 15, 2017: 14,965
8. July 7, 2017: 14,523
4. June 2, 2017: 14,792
9. April 22, 2017: 13,998
5. August 4, 2017: 14,780
10.May 13, 2017: 13,930
6
RIDERSHIP STATS AS OF 9.12.17 • TOTAL RIDERSHIP:
2,912,627
• TOTAL RIDERSHIP IN 2017:
1,513,474
• DAILY AVG RIDERSHIP 2017:
5,982
• CUMULATIVE DAILY AVG 2016-2017:
5,908
7
Planning and Zoning Accommodations to spur new development • Credit to Kansas City leadership and staff for understanding the rails alone aren’t enough. – Eliminated parking requirements – Up-zoned: Allowed for higher densities by right – Included additional assessment on surface parking lots • Initiated specific /proactive TOD planning efforts. – 3rd and Grand, TOD Planning – Development RFPs for publicly owned surface parking – City TOD Policy
9
Downtown Development by the Numbers: $2.1 Billion in new downtown development 94 major private development projects 3,900 new residential units Many projects sited the KC Streetcar as a “major positive factor” in decision making 4:1 to 15:1 return investment… before opening Unprecedented Momentum
on
Downtown Transportation Development District
Financial Impact- Sales Tax Growth Annual Sales Tax Receipts Downtown KC Streetcar Transportation Development District (TDD) and City-wide Receipts FY2015 Act
FY2014 Est Streetcar TDD (1%)
$
3,451,822 $ 4,440,000 $
City-wide Total
$ 198,085,065 $
-
% Growth
FY2016 Act
Est
4,772,466
38.3%
$ 4,444,000 $
$ 224,522,627
13.3%
$
-
2014 to Present % Growth % Growth
5,458,896
14.4%
58%
$ 229,816,923
2.4%
16%
Sales Tax Growth: $2 million annually within streetcar district Original Fare Collection Estimates: $1.5m annually,
• $102 Million Investment • 4.4 Track Miles • Spring 2014 Groundbreaking
• Fall 2015 Substantial Completion • 2016 Riders Board! • 3 million riders and counting…
Service Plan • 10 minute frequencies during peak hours • Smart City Kiosks & Real time arrival signs • Level boarding & ADA compliant design • Free to ride
• 16 Streetcar stops, every 2-3 blocks • Integration with regional and local connecting KCATA buses (RideKC Partnership)
TOP 10 RIDERSHIP DAYS SINCE OPENING DAY 1. May 6, 2017: 17,267
6. June 24, 2017: 14,751
2. July 16, 2016: 15,780
7. May 7, 2016: 14,648
3. April 15, 2017: 14,965
8. July 7, 2017: 14,523
4. June 2, 2017: 14,792
9. April 22, 2017: 13,998
5. August 4, 2017: 14,780
10.May 13, 2017: 13,930
6
RIDERSHIP STATS AS OF 9.12.17 • TOTAL RIDERSHIP:
2,912,627
• TOTAL RIDERSHIP IN 2017:
1,513,474
• DAILY AVG RIDERSHIP 2017:
5,982
• CUMULATIVE DAILY AVG 2016-2017:
5,908
7
Planning and Zoning Accommodations to spur new development • Credit to Kansas City leadership and staff for understanding the rails alone aren’t enough. – Eliminated parking requirements – Up-zoned: Allowed for higher densities by right – Included additional assessment on surface parking lots • Initiated specific /proactive TOD planning efforts. – 3rd and Grand, TOD Planning – Development RFPs for publicly owned surface parking – City TOD Policy
9
Downtown Development by the Numbers: $2.1 Billion in new downtown development 94 major private development projects 3,900 new residential units Many projects sited the KC Streetcar as a “major positive factor” in decision making 4:1 to 15:1 return investment… before opening Unprecedented Momentum
on
Downtown Transportation Development District
Financial Impact- Sales Tax Growth Annual Sales Tax Receipts Downtown KC Streetcar Transportation Development District (TDD) and City-wide Receipts FY2015 Act
FY2014 Est Streetcar TDD (1%)
$
3,451,822 $ 4,440,000 $
City-wide Total
$ 198,085,065 $
-
% Growth
FY2016 Act
Est
4,772,466
38.3%
$ 4,444,000 $
$ 224,522,627
13.3%
$
-
2014 to Present % Growth % Growth
5,458,896
14.4%
58%
$ 229,816,923
2.4%
16%
Sales Tax Growth: $2 million annually within streetcar district Original Fare Collection Estimates: $1.5m annually,
