odot presentation; rail night

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Ohio’s Competitive Rail Strategy Investing in Ohio’s Economic Future Columbus Regional Logistics Council July 22, 2010

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Page 1: ODOT Presentation; Rail Night

Ohio’s Competitive Rail Strategy Investing in Ohio’s Economic FutureColumbus Regional Logistics Council July 22, 2010

Page 2: ODOT Presentation; Rail Night

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Modes of transportation do morethan simply move people and goods…

transportation moves economies SFY 2010: $2 billion plus in construction delivered

SFY 2011: $2 billion in construction projected

Unprecedented investment in all modes

Ohio’s Competitive Rail Strategy

Page 3: ODOT Presentation; Rail Night

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Growing Ohio’s Freight Economy

Ohio’s Competitive Rail Strategy

Growing Ohio’s freight economy means linking water

and air to roadway and rail

Page 4: ODOT Presentation; Rail Night

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Growing Ohio’s Freight Economy

Ohio’s Competitive Rail Strategy

Page 5: ODOT Presentation; Rail Night

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Ohio’s Competitive RailInvestment Strategy

National Gateway Heartland Corridor

Ohio’s Competitive Rail Strategy

Page 6: ODOT Presentation; Rail Night

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$400 million in stimulus funds

Approximately 250 miles

8 station locations

Up to 79 miles per hour

Ohio’s Competitive Rail Strategy

If Ohio doesn't use this $400 millionto create jobs in Ohio, the money will go to

another state to create jobs and development in their cities and for their citizens.

Ohio’s 3C “Quick Start” Passenger Rail Service

Page 7: ODOT Presentation; Rail Night

7Ohio Chapter of APWA April 22, 2010

Central Ohio is overdue to take historic step forward

Ohio’s 3C Passenger Rail Plan can be delivered for $400 million

ODOT believes project can be completed within $400 million budget

Federal Railroad Administration believed $400 million is what Ohio needed

Early estimates based on plans of previous administrations, Amtrak's draft engineering estimate (30% contingency) FRA selected Ohio's application because Ohio could provide service within a short time frame to the largest un-served corridor in the nation without state matching funds

Fiscally Responsible Path for Ohio

Page 8: ODOT Presentation; Rail Night

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Improving Ohio’s position as a

logistics and distribution leader

Majority of 3C funds will be invested in track improvements

270 improved grade crossings

Potential increases in speed for freight

Investment in Upgrades

Ohio’s Competitive Rail Strategy

Page 9: ODOT Presentation; Rail Night

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Growing Ohio’s Rail Supply Chain

Statewide: 225 Ohio businesses / 26,000 employees

Central Ohio: 42 companies / 7,900 employees

Ohio’s Competitive Rail Strategy

Page 10: ODOT Presentation; Rail Night

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Urban Development OpportunityRiverside: $180 million new taxable property

$ 5.5 million increased real estate value

Dayton: $150 - $250 million in new construction/rehabilitation

Columbus: 2010 Downtown Strategic Plan

Ohio’s Competitive Rail Strategy

Page 11: ODOT Presentation; Rail Night

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3C Projections: 478,000 passengers in first year of service

12th most used corridor

Amtrak Ridership in Ohio: 2009: 10% increases in Toledo and Cleveland

2010: Amtrak on pace to break national record

Proven Passenger Demand

Ohio’s Competitive Rail Strategy

Page 12: ODOT Presentation; Rail Night

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Proven Success in 14 other States:

Successful state-supported passenger rail efforts co-existing with successful freight rail efforts

Courtesy: Northern New England Passenger Rail Authority

Ohio’s Competitive Rail Strategy

Page 13: ODOT Presentation; Rail Night

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Get more information at:

3CisMe.ohio.gov