OHIO & LAKE ERIE REGIONAL RAIL CLEVELAND HUB STUDY

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OHIO & LAKE ERIE REGIONAL RAIL CLEVELAND HUB STUDY Ohio Rail Development Commission TMACOG Legislative Briefing June 21, 2004 THE OHIO AND LAKE ERIE REGIONAL RAIL CLEVELAND HUB 860 Miles - 32 Stations
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OHIO & LAKE ERIE REGIONAL RAIL CLEVELAND HUB STUDY Ohio Rail Development Commission TMACOG Legislative Briefing June 21, 2004 THE OHIO AND LAKE ERIE REGIONAL RAIL CLEVELAND HUB 860 Miles - 32 Stations 4 States and Southern Ontario, Canada 11 Major Metropolitan Areas 22 Million Population Study Background Initiated in 2002 Study Partners and Participation: ORDC and ODOT MDOT, PENNDOT, NYDOT Railroads, Amtrak, VIA Rail Canada Municipalities, Transit Authorities MPO s Consulting Team: TEMS and HNTB Study Objectives Alternative Routes Capital Costs Ridership and Revenues Operating and Maintenance Costs Economies of Scale An Interconnected Rail Network An Interconnected Rail Network Feasibility of Rail Service: As a stand-alone system As part of a national network. 79-mph vs. 110-mph train speeds As a start-up service Railroad Objectives Provide opportunities for railroad input. Recognize the need for capacity and future growth. Improve fluidity of railroad operations. Photo 29: Looking west at CSX MP near the NS Youngstown Line diamond Preliminary System Design KEY FINDINGS Improves Transportation System Capacity Expands the railroad system for both freight and passenger trains. Improves railroad operations. Compensates railroads for the use of their land and facilities. Improves Highway/Rail Crossing Safety Invests $236 million in crossing safety. Expands upon ODOT s $200 million Grade Separation Program Expands upon ORDC s annual $15 million investment. Creates an Interconnected Rail and Air Network u Connections to international airports create world-class transportation opportunities u Rail to air connections ensure access to the global economy. Connecting to other transportation systems will boost ridership and revenues Ridership Millions of Annual Riders u Start-Up Service 819 u 79-mph Stand-Alone u 79-mph with MWRRS u 110-mph Stand-Alone u 110-mph with MWRRS 3.236 Revenue u Start-Up Service u 79-mph Stand-Alone u 79-mph with MWRRS u 110-mph Stand-Alone u 110-mph with MWRRS $ 31 million $ 85 million $ 113 million $ 119 million $ 152 million Operating Ratios u Start-Up Service $.61 u 79-mph Stand-Alone $.79 u 79-mph with MWRRS $ 1.07 u 110-mph Stand-Alone $ 1.09 u 110-mph with MWRRS $ 1.39 Impact of MWRRS Connectivity Corridors Ridership Revenue Cleveland-Detroit 107% 107% Cleveland-Toronto 108% 108% Cleveland-Pittsburgh 140% 152% Cleveland-Columbus- Cincinnati 137% 138% Cross Cleveland 151% --- System Total 119% 129% Operating revenues will cover operating costs u After the initial capital investment the forecasts suggest that a Cleveland Hub rail service can be self-sustaining and passenger and ancillary revenues will cover the operating costs. Revenues include onboard food service and express parcel. Cleveland - Toledo - Detroit Capital Costs u Via Wyandotte 79-mph: $ 710 million 110-mph: $ 773 million u Via Detroit Airport 79-mph: $ 602 million 110-mph: $ 655 million System Capital Costs u Start-up service u 79-mph system u 110-mph system $500 million. $2.7 billion. $3.6 billion. Economic Impact Regional employment: 6,600 Construction Jobs 1,500 Permanent Rail Operating Jobs 6,000 Indirect Jobs over the life of the project Property values: $1 Billion increase in Ohio property values. Income: Average household income increased by $120-$610 Annual tax revenues increased by $28 million Economic Development Rail stations will be close to Tourist attractions Cultural, academic, and research institutions. Sports franchises and entertainment facilities. Within walking distance or taxi ride to over 200 million square feet of office space. Possible Implementation Built in phases over nine-years. START-UP: 2 Trains per day on all corridors (79-mph) FULL SERVICE: 5-8 Trains per day (79 or 110- mph) 1. Cleveland Columbus Dayton - Cincinnati 2. Cleveland Detroit 3. Cleveland Pittsburgh 4. Cleveland Buffalo Toronto A Federal Funding Source is Required Financing assumes a 20/80 state/federal split Implementation is contingent upon establishing a national program with federal funding for freight and passenger rail development. Next Steps Continue coordination with railroads Hold citizen participation and outreach meetings Conduct engineering and environmental reviews and alternatives analysis Advance ODOT s 14 step project development process.
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