WELCOME. Opportunity Corridor Committee Meeting #1. May 19, May 19, 2005

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1 WELCOME Opportunity Corridor Committee Meeting #1 1

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3 University Circle Existing Access Study Area Interstate Highway System Rail Corridor 3

4 Project History Project Background/History Clark Freeway (1950 s) Bedford Freeway (1970 s) WECO Roadway (early 1980 s) SR 87A (late 1980 s) 4

5 Project History Project Background/History (continued) Generation Foundation Study Innerbelt / University Circle Access Boulevard Urban Design Associates Study Opportunity Corridor 5

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9 Potential Development UDA Study - Potential Development Areas within the immediate area 869 gross acres of land 581 gross acres of residential land 288 gross acres of industrial land 312 acres of developable land 247 acres of residential land 65 acres of industrial land Allows for parks and open spaces and existing uses 9

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11 Purpose of Committee Purpose of OC Committee Working Group Policy Group 11

12 Scope and Schedule Project Scope and Schedule 2005 Purpose & Need Goals & Objectives Design Concept & Scope 2006 Identify & Evaluate Alternative Alignments Select Preferred Alternative 12

13 Project Schedule Identify, Develop and Select Corridor $1.1 FULL IMPLEMENTATION SCHEDULE Cost (in millions) Identify, Develop and Select Alignment Verification of the Preferred Alternative Plan Development Right-of-Way Acquisition and Relocation Construction, Inspection and Contingency $4.2 $3.5 $6.0 $20.0 $176.0 Estimated Total $211 *Cost based on Innerbelt Study estimates adjusted to year of expenditure 13

14 Conceptual Alternatives Conceptual Alternatives Development 14

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16 Alternative 1 16

17 Alternative 2 17

18 Alternative 3 18

19 Alternative 4 19

20 Problems and Needs Most Important Problems/Needs in the Corridor Access and Mobility To/from University Circle, Neighborhoods along the Corridor, and the Interstate Highway System Economic and Community Development Vacant Buildings/Land Underutilized Buildings/Land Tax Base (Limited) 20

21 Project Goal Goal 1 - Accessibility Providing access to destinations is a basic objective of a transportation system. This goal measures the ability of a user to access jobs, services, goods or other parts of the transportation system. This goal is usually viewed from the user s perspective. It poses questions such as: can I get where I want to go? Is it direct? Is it the shortest route? It also addresses the issue of service provisions (e.g. Is transit available?) or service availability (e.g. Is there adequate parking at the end of the trip?). 21

22 Accessibility Objective Improve access to University Circle employment, healthcare, education and cultural venues. Improve access to the Interstate Highway System. Improve access to the neighborhoods located along the corridor (approximated by the existing railroad corridor). 22

23 Project Goal Goal 2 Mobility Mobility measures the relative ease or difficulty of the trip that a user is able to make. This goal usually encompasses congestion, trip characteristics (time, length), and availability of other means of travel (e.g. transit). Congestion is an example of a condition that delays a trip that otherwise has outstanding access. Mobility also addresses service levels, for example, frequency of transit service. 23

24 Mobility Objective Improve mobility (reduce travel time and trip length) between the Interstate Highway System and University Circle. Improve mobility (reduce travel time and trip length) between the neighborhoods located along the corridor (approximated by existing railroad corridor) and University Circle. Improve mobility (reduce travel time and trip length) between the Interstate Highway System and the neighborhoods located along the corridor (approximated by the existing railroad corridor). 24

25 Project Goal Goal 3 Community and Economic Development While access and mobility are basic objectives of the transportation system, economic development is an essential reason for providing those services. This goal examines accessibility and mobility for the purpose of improving the community s competitive advantage. Competitive advantage is typically expressed in terms that encompass costs, labor availability and development opportunities. It will examine specific locations (e.g. employments centers, development sites) and service levels (e.g., travel time, delays). 25

26 Community and Economic Development Objective Improve the movement of people, goods and materials through the corridor. Improve competitiveness of identified development sites. Improve competitiveness of the corridor to attract residents, customers, employees and businesses. 26

27 Goals and Objectives Discussion Summary Goal 1 Accessibility Goal 2 Mobility Goal 3 Community and Economic Development Any Additions Concurrence 27

28 Strategic Plan Develop Strategic Plan Identify specific policies, programs and projects to be advanced Conduct cost/benefit analysis Identify available resources Determine likelihood of implementation Establish schedule and budget priorities 28

29 Strategic Plan Develop Strategic Plan (continued) Identify project sponsors, roles, responsibilities and funding commitments Legal, financial and administrative responsibility for advancing recommendations 29

30 Next Steps Working Group workshop June 16 th 8 a.m. noon Full committee meeting in September Questions/comments 30

31 THANK YOU! 31