central arkansas transit authority
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Central Arkansas Transit Authority. Enhancing the Downtown Economy. Streetcar Cost Comparison. Comparison of Initial Start Up Costs . Comparison of Streetcar Operations. Construction of the River Rail was relatively low . The River Rail is operated very efficiently, - PowerPoint PPT PresentationTRANSCRIPT
Central Arkansas Transit Authority
Enhancing the Downtown Economy
Historic Streetcar Systems In the United States Initial Investment
City In Operation Construction Cost Track Miles Cost/MileKenosha 2000 $6,200,000 1.9 $3,263,158
Little Rock 2004 $30,000,000 3.4 $8,823,529Memphis 1993 $103,000,000 10.02 $10,279,441Tampa 2002 $48,300,000 2.7 $17,888,889
Comparison of Initial Start Up Costs
Comparison of Streetcar Operations
The River Rail is operated very efficiently, costing $35 less per hour than the next most efficient historic streetcar system.
Streetcar Cost Comparison
Construction of the River Rail was relatively low.
Study area based on a ¼ mile buffer area(a 5 minute walk) AND the built environment
Study area = less than 1 square mile
Inventory of Businesses &Capital Improvements
------------------------------------• Walking tour of area• Forming key partnerships• Contacting each location• Verifying data & info
Economic Enhancement Study
Have the downtowns experienced an economic revitalization?
River Rail Expansion Studies
• Extension north along Main St in NLR – 2.5 miles
• Extension south along Main St in LR – 1.5 miles