Reacting to Trends Rising gas prices! Decreasing public funding for transportation. TDM becoming more needed in new development. Modified tax benefit now includes bicycling.

Reaction to Rising Gas Prices Rideshare applications up 4 in many communities Transit capacity reaching it limits in many communities Vanpooling a strong alternative to limited transit supply

Reduced Public Funding Decreased revenues nation-wide Focus on worst-case maintenance Looking at more pay-as-you-go options Urban Partnership demonstration programs focused on Tolling, Telecommuting, Transit and Technology (Miami, Seattle, San Francisco and Minneapolis)

TDM and New Development Access-Access-Access TDM supports TOD Unbundling parking including residential Increasing car-free households Significant savings for the commuter, developer and community

Case Example Clayton Lane, Denver CO –Mixed used development –Subsidized transit passes –Active promotion through Transportation Solutions (local TMA) –Bike station –Strong pedestrian connections

Case Example Roslyn-Ballstron Corridor, VA –12% don’t own cars –Corridor produces 33% of real estate tax revenue from less than 8% of county land area – lowest taxes for any major jurisdiction in Northern Virginia. –Award winning TDM program –Performance monitoring –42% SOV

Parking Reduction Savings (Boulder Transit Village Study) One possible scenario: –No TDM 100,000 SF commercial development 320 parking spaces (3.2/1,000 SF) $6.4 million to construct ($20,000/space) Monthly costs $42,000 (20 years at 5%) –With TDM 150 parking spaces (1.5/1,000 SF) $3 million to construct Monthly cost $19,000 $8,350 monthly cost for TDM services and incentives Net monthly savings ~ $14,650

Modified Tax Benefit The Emergency Economic Stabilization Act of 2008 : H.R (bailout) bill signed into law by President Bush includes expanding qualified transportation fringe benefits (Section 132(f) ) to allow up to $20.00 per month for bicycle commuters. For most employees, those who ride transit or commuter highway vehicles (e.g., vanpool) can receive up to $ per month tax free. They can also receive $ per month tax free for qualified parking. H.R Bicycle benefit takes effect in January 2009.

TDM in Dubai Emirate with 2.2 million people (80% foreign) Double in size by 2020 Significant congestion Need both short and long term strategies

Measures Ridematching – Studying staggered work hours and alternative work schedules Developing parking pricing around rail station areas to encourage transit use (opening in 2009) Congestion pricing

Thank you!