DTPW's Rapid Transit Corridors Conceptual Financial Plan Proposal
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The document presents a conceptual financial plan proposal for implementing rapid transit corridors in Miami-Dade County, Florida according to the SMART plan. It proposes using existing local revenues to fund initial rapid transit service on dedicated lanes for the North and South corridors at a cost of $534 million. This would begin service in 3 years. It also discusses options to expand service to other corridors, such as the Kendall corridor, that would require additional funding beyond what is currently dedicated to transportation. The plan is an important step towards realizing the vision of the SMART plan through incremental implementation of initial rapid transit services based on existing local revenues.
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DTPW's Rapid Transit Corridors Conceptual Financial Plan Proposal
- 1. DEPARTMENT OF TRANSPORTATION AND PUBLIC WORKS (DTPW) TPO FISCAL PRIORITIES COMMITTEE JULY 17, 2017 RAPID TRANSIT CORRIDORS CONCEPTUAL FINANCIAL PLAN PROPOSAL
- 2. History and Background In 2016 – SMART plan adopted for six rapid transit corridors PD&E’s funded for all six rapid transit corridors 2 Working together to implement the SMART Plan
- 3. History and Background Revenues and expenditure tracked through multi-year PTP Pro-forma are volatile Past three years have experienced: reduced farebox revenues reduced system ridership weakening in PTP surtax collections 3 Resulting in reductions to current service to maximize service with available funding
- 4. Potential Funding Sources June 2017-TPO approved flexing a portion of future FDOT Federal Highway grants to fund transit capital projects under FTA Section 5307 (Preventative Maintenance Program). This represents only 7.2% of FDOT funding currently used for roadways and bridges. $30 million in flex funds available to support bus replacement program, releasing PTP funds. SMART Plan projects are eligible for up to 50% match from FDOT FDOT traditionally plans on 50% Federal funds with 25% State and 25% Local contributions Given uncertainty regarding the future of Federal funds for transit, we are working with FDOT to increase State match from 25% to 50% MDX to develop and operate initial phase of East-West corridor with Express Bus Service FDOT requires that we specify projects to start assigning funding FDOT 25% LOCAL 25% FTA 50% TRADITIONAL FDOT FUNDING ASSUMPTIONS FDOT LOCAL FTA 4
- 5. Current Projections of Available Revenues Allow Initiation Of 5 Partnerships: East-West Corridor – MDX Kendall Corridor – FDOT / Turnpike Beach Corridor – Cities and Developers North & South Corridors Rapid Transit Service on Dedicated Lanes Assumptions Expedited reviews and approvals by appropriate regulatory agencies $534 million Funded for Capital, O&M, and Future Renewal & Replacement Revenue Service in 3 years Northeast Corridor Rail service by South Florida Regional Transportation Authority (SFRTA) or Brightline Starting in FY 2022-2023 (or potentially earlier) there would be funding available for an operating subsidy
- 6. Current Projections of Available Revenues Allow Initiation Of 6 North Corridor Rapid Transit Service on Dedicated Lanes
- 7. Current Projections of Available Revenues Allow Initiation Of 7 South Corridor Rapid Transit Service on Dedicated Lanes With grade separations at major intersections Source: South Miami-Dade Corridor Alternative Analysis Report (South Link Study) June 2006
- 8. Current Projections of Available Revenues Allow Initiation Of 8 Northeast Corridor Commuter Rail Service Six stations between Miami and Aventura Operating subsidy Source: South Miami-Dade Corridor Alternative Analysis Report (South Link Study) June 2006
- 9. Current Projections of Available Revenues Allow Initiation Of 9 East-West Corridor Express Rapid Transit Service (RTS) on Dedicated Shoulders SR 836 Express Rapid Transit Service on Dedicated Shoulders
- 10. Characteristics of a World-Class Rapid Transit Service on Dedicated Lanes Station Improvements Runningway Improvements Exclusive and Visually Distinct Service Faster than Auto Adherence to Highest Standards In Safety Robust Climate-Controlled Stations Higher Capacity for Passengers and Vehicles Level-boarding for Passenger Comfort Off-board Fare Collection System Real-time Transit Vehicle Arrival Information Compatible with Future Conversion to Rail 6
- 11. Characteristics of a World-Class Rapid Transit Service on Dedicated Lanes 11 Distinct Branding Passenger-centric Design Link Brand with Quality of Service Bicycle and Pedestrian Access Improvements On-board Bicycle Storage Improved Access at Park-and-Ride Locations Passenger-Centric Circulation Make Transit Way an Integral Component of Urban Design Landscaping and Aesthetic Improvements Make the Transit Way a Desirable Space Access Improvements Urban Design Improvements Branding
- 12. 1 2 Benefits of Rapid Transit Service on Dedicated Lanes • Running ways • Stations • Branding & Amenities • Access Improvements • Urban Design • Service & Operations Plans • Travel Time Savings & Reliability • System Capacity • Accessibility • Safety and Security • Ridership Increase • Capital Cost Effectiveness • Operational Cost Efficiency • Economic Impacts RAPID TRANSIT ELEMENTS PERFORMANCE BENEFITS • Convertible to rail in future as ridership demand increases
- 13. Proposed Conceptual Financial Plan 13 Current Service Funded by extraordinary increase of General Fund support (beyond the MOE in the first six years) North and South Corridors Rapid Transit Service On Dedicated Lanes With Adaptive Signal Technology Fully funded for Capital and O&M (including mid-life rehab and replacement Adaptive Signal Technology – Travel Time Improvement Graph
- 14. PROPOSED CONCEPTUAL FINANCIAL PLAN FOR INCREMENTAL IMPROVEMENTS The following would require additional funding not currently dedicated to transportation 14
- 15. Option 1 Rail at Grade North & South Corridors Rail Minimum Operable Segment (MOS) Connecting to Rapid Transit Service (RTS) on Dedicated Lanes North Corridor MOS + RTS (MLK Jr. to Miami-Dade College) South Corridor MOS + RTS (Dadeland South to SW 211th St/112th Ave “Target Lot”) Incremental Capital cost: $409 million Total project cost: $943 million Incremental O&M cost: $17.2 million per year Future Renewal & Replacement cost: $56.8 million for rail and RTS vehicle components Potential partner(s): Federal 15
- 16. North & South Corridors MOS + RTS 16
- 17. Option 2 Rail at Grade North and South Corridors Entire North Corridor Rail (MLK Jr. to NW 215th St) South Corridor MOS + RTS (Dadeland South to SW 211th St/112th Ave “Target Lot”) Incremental Capital cost: $770 million Total project cost: $1.304 billion Incremental O&M cost: $12.7 million per year Future Renewal and Replacement cost: $112.3 million Potential partner(s): Federal & State 17
- 18. Entire North Corridor Rail (MLK Jr. to NW 215th St) Entire South Corridor Rail (Dadeland South to SW 344th St) Incremental Capital cost: $1.035 billion Total project cost: $1.569 billion Incremental O&M cost: $22.6 million per year Future Renewal and Replacement cost: $179.5 million Potential partner(s): Federal & State 18 Option 3 Rail at Grade North and South Corridors
- 19. Rapid Transit Service (RTS) on Dedicated Lanes Kendall Corridor 19 Kendall Corridor RTS Total project cost: $216 million O&M cost: $1.8 million per year Future Renewal and Replacement cost: $45.1 million Potential partner(s): State
- 20. Kendall Corridor RTS 20
- 21. Option 1 Rapid Transit Service (RTS) on Dedicated Lanes Beach Corridor Beach Corridor RTS (Downtown Miami to Miami Beach Convention Center) Total project cost: $156 million O&M cost: $2.4 million per year Future Renewal and Replacement cost: $25.3 million Potential partner(s): State, local developers and municipalities 21
- 22. Option 2 Metromover Extension Beach Corridor Beach Corridor Metromover (Museum Park to 5th St & Alton Rd) Total project cost: $463 million O&M cost: $5.1 million per year Future Renewal and Replacement cost: $210.2 million Potential partner(s): Federal, State, local developers and municipalities 22
- 23. Beach Corridor 23 Rapid Transit Service on Dedicated Lanes Metromover Extension
- 24. 24This is an important milestone for Miami-Dade County. Never before has a plan for implementation of corridors been made possible through existing local funding. While the service to be provided may only be the first phase of RTS, as ridership develops, newer technologies are created, and funding partners identified the promise of the People’s Transportation Plan and the SMART Plan may be achieved.
- 25. Questions?