1. Streetcar Working Group November 13, 2006
Streetcar Economic Development Impact and Projected Ridership Ken Danter The Danter Company
Streetcar Working Group November 13, 2006

2. Economic Impact Considerations
Residential/Commercial/Business Development
Property Taxes
New Jobs to Downtown and Resulting City Income Taxes
Convention and Tourism and Resulting Expenditures

3. ESTIMATED STREETCAR IMPACT STREETCAR CONSTRUCTION BEGINS
PORTLAND TREND
ESTIMATED STREETCAR IMPACT
STREETCAR OPENS
STREETCAR CONSTRUCTION BEGINS
COLUMBUS TREND
ESTIMATED PORTLAND TREND WITH NO STREETCAR DEVELOPMENT

4. Residential/Commercial/Business Development By Type
Condominium/Apartment – 1,500 units
Ground-floor Commercial/Business – 120,000 to 150,000 square feet
Hotel/Lodging – 300 additional hotel rooms
Brings additional Bed Tax Revenues
City’s Emergency Human Services Fund
Columbus General Fund
Housing Trust Fund
Cultural Development
Promote City of Columbus

5. Candidates for Development Potential
Vacant parcels
Surface parking
Underused parcels
Historic properties in fair to poor condition that might be eligible for historic tax credits

6. Key Characteristics of Proposed Lines
Within 400 feet of line (approximately 1 city block)
Line
Blue
Green West
Green East
Blue + Red
Blue + Red + Green
Vacant, Surface Parking and Underused Parcels
24.78 acres
acres
acres
36.44 acres
acres
Historic Properties Square Feet
679,317 sq. ft.
0 sq. ft.
541,241 sq. ft.
736,655 sq. ft.
1,277,896 sq. ft.

7. Projected Residential/Commercial/ Business Development Impact
LINE
LOW ESTIMATE*
HIGH ESTIMATE*
Blue
$211 million
$238 million
Blue + Green East
$394 million
$448 million
Blue + Green West
$308 million
$346 million
Blue + Green
$491 million
$556 million
Blue + Red
$259 million
$297 million
Blue + Green + Red
$540 million
$616 million
*Adjusted to 2008 dollars (4.0% annual increase – Source: CDDC)

8. Property Tax Estimates – (5-year Cumulative) (75% Abatement Applied to Downtown Properties)
LINE
LOW ESTIMATE*
HIGH ESTIMATE*
Blue
$2.5 million
$2.9 million
Blue + Green East
$4.9 million
$5.6 million
Blue + Green West
$3.7 million
$4.2 million
Blue + Green
$6.0 million
$6.9 million
Blue + Red
$5.2 million
Blue + Green + Red
$8.6 million
$9.9 million
*Adjusted to 2008 dollars (4.0% annual increase – Source: CDDC)

9. Additional Jobs to Downtown Generated by Streetcars
Over 3,000 jobs Downtown from streetcars
Types of jobs projected:
Construction
Residential management/maintenance
Commercial/business services
Streetcar drivers/maintenance/support
Average income: $42,200
Cumulative (5-year) increase in city income tax:
$2.7 million*
*Adjusted to 2008 dollars (4.0% annual increase – Source: CDDC)

10. Convention and Tourism Increase and Resulting Expenditures
90,000 additional visitors
50,000 overnight stays
40,000 day trips
$52.8 million* cumulative expenditures over 5 years
*Adjusted to 2008 dollars (4.0% annual increase – Source: CDDC)

11. Total Economic Development 5 years
LINE
LOW ESTIMATE*
HIGH ESTIMATE*
Blue
$216 million
$248 million
Blue + Green East
$410 million
$464 million
Blue + Green West
$319 million
$356 million
Blue + Green
$508 million
$578 million
Blue + Red
$270 million
$308 million
Blue + Green + Red
$562 million
$637 million
*All totals adjusted to 2008 dollars (4.0% annual increase – Source: CDDC)
Includes market value of development of condominiums, rental units, commercial/businesses and hotels; cumulative property tax (not considering abatements); cumulative net gain from city income tax (over 800 new employees); cumulative increase in convention/tourism expenditures

12. Ridership Considerations
Population
Employment
Hotel rooms
Student enrollment
Destinations
Case studies

13. Ridership Case Study Factors Within 800 Feet of Line
Market
Resident Population
Employees
Hotel Rooms
Average Daily Ridership (Stabilized)
Memphis
2,884
19,827
2,627
2,514
Portland
14,731
49,931
2,936
6,900
Columbus Blue + Green
5,442
64,833
3,105
5,000 – 5,600*
Columbus Blue + Green + Red
10,886
67,002
6,400 – 7,200*
* At stabilization (5 years)

14. Ridership Estimates Average Daily Ridership Estimates Blue/Green
Stabilized ridership (Year 5) – 5,000 to 5,600
First 4 years of operation - 3,000 to 4,500
Red Line Extension (Buttles to 11th Avenue)
Stabilized ridership (Year 5) – 1,400 to 1,600
First 4 years of operation to 1,280