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. 1424 (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 $115.00 per month tax free. They can also receive $220.00 per month tax free for qualified parking.
• 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 – www.sharekni.ae
• 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!www.urbantrans.ca
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