This presentation was held during the 5th GIB Summit, May 27-28 2015.
The presentation and more information on the Global Infrastructure Basel Foundation are available on www.gib-foundation.org
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GIB2015_Public and Private Sector Transit Development_Grant
1. This presentation was
held during the 5th GIB
Summit, May 27-28 2015.
The presentation and
more information on the
Global Infrastructure Basel
Foundation are available
on
www.gib-foundation.org
The next GIB Summit will take place in Basel,
May 24-25, 2016.
The information and views set out in this presenation are those of the author(s) and do not necessarily reflect the opinion of the Global
Infrastructure Basel Foundation. Neither the Global Infrastructure Basel Foundation nor any person acting on its behalf may be held responsible
for the use of the information contained therein.
2. Transit
Oriented
Development
in
New
Orleans
Global
Infrastructure
Basel
Cedric S. Grant
Execu2ve Director
Sewerage & Water Board
May 27, 2015
Sewerage
&
Water
Board
of
New
Orleans
4. • New
Orleans
is
located
on
the
banks
of
the
Mississippi
River,
approximately
105
miles
(169
km)
upriver
from
the
Gulf
of
Mexico.
The
city
has
a
total
area
of
350
square
miles
(910
km2),
of
which
169
square
miles
(440
km2)
is
land
and
181
square
miles
(470
km2)
is
water.
Orleans
Parish
is
the
smallest
parish
by
land
area
in
Louisiana.
New
Orleans
has
a
populaTon
of
384,000
• The
city
is
located
in
the
Mississippi
river
Delta
on
the
east
and
west
banks
of
the
Mississippi
River
and
south
of
Lake
Pontchartrain.
The
area
along
the
river
is
characterized
by
ridges
and
hollows
• New
Orleans
has
one
of
the
largest
and
busiest
ports
in
the
world,
and
metropolitan
New
Orleans
is
a
center
of
mariTme
industry.
The
New
Orleans
region
also
accounts
for
a
significant
porTon
of
the
naTon's
oil
refining
and
petrochemical
producTon,
and
serves
as
a
white-‐collar
corporate
base
for
onshore
and
offshore
petroleum
and
natural
gas
producTon.
Tourism
is
another
staple
of
the
city's
economy.
Perhaps
more
visible
than
any
other
sector,
New
Orleans'
tourist
and
convenTon
industry
is
a
$5.5
billion
juggernaut
that
accounts
for
40
percent
of
New
Orleans'
tax
revenues.
The
hospitality
industry
employed
85,000
people,
making
it
New
Orleans'
top
economic
sector
New
Orleans,
Louisiana
5. • Ranked
#2
Boomtown
in
America
by
Bloomberg
•
Ranked
#1
on
“America’s
Biggest
Brain
Magnets”
by
Forbes
• For
a`racTng
college
educated
people
under
25
years
old
• Ranked
#6
for
creaFng
middle-‐income
jobs
by
Forbes
• Ranked
#2
in
Post-‐Recession
Performance
by
Brookings
InsTtute
• Ranked
#1
Leading
Sports
Tourism
DesFnaFon
by
World
Travel
Awards
• Ranked
America’s
Favorite
City
by
Travel
and
Leisure
New
Orleans,
Louisiana
6. l Governed
by
Regional
Transit
Authority
Board
of
Directors
l Highly
Transit
Dependent
l 146
buses,
66
streetcars,
61
paratransit
vehicles
l 60,000
trips
a
day,
18.6
million
last
year
l Added
$5
million
of
new
bus
service
in
2014,
new
and
restored
routes.
l $90
Million
Budget
New
Orleans
Transit
System
8. A
MulF-‐Modal
System
• RelaTvely
new
bus
fleet
of
146
buses
• 66
streetcars
–
the
backbone
of
our
transit
system
• Virtually
all
bus
routes
connect
to
the
streetcar
system
for
maximum
mobility
• 61
paratransit
vehicles
• Ferries
that
cross
the
Mississippi
River
• Public-‐
Private
partnership
operated
by
Transdev
under
contract
to
RTA
Board.
9. Juni 12, 2015
RTA Ridership Growth 2009 to 2014
• Added
7
million
passenger
trips
since
2009,
from
11.7
million
to
19
million.
A
62
%
increase
• This
62
%
growth
is
three
Tmes
faster
than
the
20
%
populaTon
growth
in
this
same
Tme
period
• The
City's
transit
assets
are
being
much
more
efficiently
used
10. St.
Charles
Streetcars:
A
NaFonal
Historic
Landmark
Oldest
ConTnuously
OperaTng
Streetcar
in
the
World
–
since
1835
11. Loyola
Streetcar
Expansion:
-‐
Phase
One
-‐
• Opened
January
2013
-‐
0.8
mile
expansion
• Connects
Canal
St.
Line
to
intermodal
United
Passenger
Terminal
(Bus,
Train,
Streetcar)
•
Revitalized
a
Previously
Dark
Corridor
in
Central
Business
District
•
$2.7
Billion
in
new
development,
determined
by
the
Gulf
Coast
Research
Center
for
EvacuaTon
&
TransportaTon
Resiliency
• 70
Projects
including
hotels,
condos,
office/
sports/entertainment
complex,
apartments,
supermarket,
restaurants,
etc.
“…Textbook
example
of
how
Transit
Oriented
Development
is
supposed
to
work.”
Architects
magazine.
12. Investments
Near
Public
Transit
City
of
New
Orleans
1. Union
Passenger
Terminal
2. Loyola
Streetcar
line
3. N.O.
USPS
DistribuTon
Center
4. Entergy
Headquarters
5. Rouses
Supermarket
6. South
Market
District
7. Hya`
Regency
Hotel
8. Mercedes-‐Benz
Superdome
9. New
Orleans
Arena
10. Champions
Square
11. Benson
Tower
12. 930
Poydras
13. Li`le
Gem
Saloon
14. New
Orleans
City
Hall
15. Holiday
Inn
Downtown
16. New
Orleans
Main
Library
17. Tulane
Medical
center
18. 100
Elk
Place
19. Joy
Theater
20. Canal
Streetcar
Line
21. 1031
Canal
22. Rampart
Streetcar
Line
23. Saenger
Theater
24. Basin
Street
25. 1201
Canal
26. Iberville
Housing
Project
27. BioinnovaTon
Venter
28. Texaco
Building
29. Charity
Hospital
30. I-‐10
/
N.
Claiborne
Corridor
31. UMC
Hospital
32. VA
Hospital
33. Tulane
Ave.
Capital
Investments
Total:
$4.3
billion
13. Economic
Development
Projects
in
Transit
Corridor
Rouse’s
Market:
$20
million,
40,000
square
foot
supermarket
South
Market
District:
$200
million
development
will
feature
600
new
apartments,
170,000
square
feet
of
retail
space
14. 930
Poydras:
$65
million
development
features
250
apartments
and
8,700
of
retail
space
Economic
Development
Projects
in
Transit
Corridor
Hya_
Regency
Hotel:
$275
million
renovaTon
restored
1,200
guest
rooms,
enlarged
meeTng
and
conference
space
Texaco
Building:
$33.2
million
redevelopment
creaTng
112
new
housing
units
for
elderly
Iberville
residents
and
4,500
square
feet
of
retail.
15. Economic
Development
Projects
in
Transit
Corridor
VA
Hospital:
$1billion
project
will
serve
40,000
enrolled
Veterans
with
200
beds.
Together
with
new
VA
Hospital,
more
than
19,700
permanent
jobs
will
be
created
New
Orleans
BioinnovaFon
Center:
$47
million,
66,000
square
foot
lab,
office,
and
conference
space
business
incubator
that
is
focused
on
development
a
New
Orleans
based
bioscience
industry
centered
on
university
technologies
16. Economic
Development
Projects
in
Transit
Corridor
Champions
Square:
$13.5
million,
121,000
square-‐foot
open
air
plaza
opened
in
2010
Saenger
Theatre:
$52
million
restoraTon
to
original
1927
design.
Seats
2,600
17. Juni 12, 2015 17
Economic
Development
Projects
in
Transit
Corridor
Tulane
Avenue:
$10
million
in
road
improvements
to
1.8
miles
from
South
Claiborne
to
North
Carrollton
that
will
enhance
roadway,
reduce
congesTon
and
improve
bikeways
and
pedestrian
crossings
UMC
Hospital:
$1.2
billion
medical
center
with
most
advanced
technology
available,
diagnosTc
and
treatment
areas
and
424
beds.
Serve
as
LSU
Health
training
center.
Joy
Theater:
$5
million
restoraTon
of
1947
theater.
Seats
900
18. French
Quarter
Expansion
-‐
Phase
Two
-‐
• ConstrucTon
began
in
2014
• 1.6
miles
of
new
track
• 8
new
stops
(Solar
Powered)
• Will
provide
direct
access
to
Central
Business
District
and
jobs
for
residents
• Expect
major
posiTve
impact
on
economic
development
• Fully
funded
by
RTA
Sales
Tax
Revenue
Bond
-‐-‐
$75
Million
19. Key
Future
PrioriFes
• ConTnue
ridership
growth
• ConTnue
restoring
service
• Build
new
streetcar
line
in
the
French
Quarter
• Introduce
mobile
TckeTng
and
real-‐Tme
next
bus
arrivals
• ConTnue
our
strong
focus
on
safety,
equity
and
accessibility
• Add
BRT
and
Light
Rail
System
• Improve
faciliTes,
technology,
vehicle
fleets
20. QuesFons
§ What types of transit projects have you seen
most successfully funded by the private
sector?
§ What types of transit projects are generally
most conducive to public-private partnerships?
21. The
city
has
tremendous
momentum.
Renewal,
reinvenFon
&
progress.
Spirit
of
possibility
and
hope.