Presentation is loading. Please wait.

Presentation is loading. Please wait.

Denver RTD and Its Role in TOD ULI Cleveland - Moving the Needle: A National and Local Perspective on Transit Oriented Developments June 26, 2013.

Similar presentations


Presentation on theme: "Denver RTD and Its Role in TOD ULI Cleveland - Moving the Needle: A National and Local Perspective on Transit Oriented Developments June 26, 2013."— Presentation transcript:

1 Denver RTD and Its Role in TOD ULI Cleveland - Moving the Needle: A National and Local Perspective on Transit Oriented Developments June 26, 2013

2 The Regional Transportation District Created in 1969 Eight-county service area Service area: 2,380 square miles 2.8 million population 15 elected Board members 1 percent sales tax –.6 base system –.4 FasTracks 2,415 employees

3 The RTD FasTracks Plan 122 miles of new light rail and commuter rail 18 miles of Bus Rapid Transit (BRT) service 31 new Park-n-Rides; more than 21,000 new parking spaces Redevelopment of Denver Union Station 50+ new rail and/or BRT stations for Transit Oriented Communities opportunities

4 Roles in TOD Process

5 Denver Union Station (DUS)

6

7

8 DUS Construction Progress

9 DUS and Private Development

10 TOD Pilot Program –Proactively work on fostering livable communities by testing an expanded role for RTD in facilitating TOD –Develop “model” TOD projects for the region

11 Alameda Station Pilot

12

13 Eagle P3 Project East Rail Line, Gold Line, Northwest Rail Westminster Segment and commuter rail maintenance facility Project Funding – $2.2 billion –Nearly $500M in private equity –$1.03 billion funded by federal grant Opening 2016

14 “Words of Wisdom” P3s are the way of the future for transit TODs require partnership between local jurisdiction, transit agency and developer Need to focus/prioritize on projects that can be successful Need to be open to innovation and new ways of approaching projects

15 QUESTIONS? Bill Sirois Senior Manager, Transit-Oriented Development and Planning Coordination

16 DUS Financing Cash SourcesDescriptionAmount FHWA PNRS$45.3 M RTD/FTA 5309 $9.3 M CDOT SB-1$17.3 M DRCOG TIP funds $2.5 M ARRA (stimulus) grant$18.6 M RTDARRA (stimulus) grant $9.8 M RTD/USNC Property sales proceeds$38.3 M RTD FasTracks Commitment$40.8 M Total $181.9 M TIFIA/RRIF Loans$298.4 M Total Project$480.3 M


Download ppt "Denver RTD and Its Role in TOD ULI Cleveland - Moving the Needle: A National and Local Perspective on Transit Oriented Developments June 26, 2013."

Similar presentations


Ads by Google