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8 <br /> <br /> <br />The Enhanced Corridor package rates well for having low capital cost and operating cost (no annual <br />operating cost increase) and relatively low impact on property, trees, and parking. However, relative to <br />other packages, the Enhanced Corridor Package has a small ridership increase, low travel time savings, <br />and a low rating for bicycle and pedestrian safety and access investments, all of which were deemed <br />important criteria from community opinion surveys. This package is moderately consistent with local <br />plans and policies, showing slight decreases in energy consumption and greenhouse gas emissions, and <br />some safety improvements. <br />Return on Investment <br />As noted, due to the qualitative aspect of many of the benefits, MovingAhead does not lend itself to a <br />typical Return on Investment (ROI) assessment. The Enhanced Corridor Package, like every investment <br />package, will create jobs associated with construction, may leverage discretionary federal funding, and <br />improve safety and mobility. In addition, this package is characterized by the following: <br /> The Enhanced Corridor Package would add an estimated 389,000 riders without increasing <br />operating cost. <br /> Total travel time savings for both existing and new riders as a result of travel time savings <br />associated with the Enhanced Corridor Package are estimated at 575,900 hours per year. <br />Average <br />Bicycle/Pedestrian Access and Safety <br />Investments (1-5 rating)3.0 <br />Capital Cost (millions) <br />Consistency with Local Plans and Policies 3.2 <br />Investment in Corridors with Higher Level of <br />Disadvantaged Population <br />Number/Acreage of Acquisitions 115 /4.1 44 /1.3 5 /1.3 13 /0.4 47 /1 6 /0.1 <br />Operating Cost Change from No-Build <br />(annual, in millions) <br />Parking Impacts: Corridor On-Street and Off- <br />Street Parking Impacts (number of spaces) <br />Potential Property Displacements <br />Ridership Increase Compared to No-Build <br />(annual) <br />Support for Corridor Development and <br />Redevelopment (1-5 rating)3.0 <br />Support from the Public (1-5 rating)3.56 <br />Transit Travel Time Improvement (percent)21% <br />Tree Impacts: Number of Medium and Large <br />Trees Impacted <br />4 0 4 0 0 0 <br />13 58 9 9 <br />3 <br />3.48 3.47 3.45 3.71 <br />19%6%28%15% <br />($0.6)($0.5)$0.0 $1.1 <br />0 <br />33,000 (30,000)63,000 186,000 <br />MLK, Jr. <br />Parkway <br />Enhanced <br />Corridor <br />Enhanced <br />Corridor <br />Enhanced <br />Corridor <br />Enhanced <br />Corridor <br />4 <br />$38 <br />2.5 3 3 2.5 <br />$24 $21 $41 $21 <br />River RoadHighway 99 Coburg Road <br />($0.1) <br />50 <br />111,000 <br />3 <br />3.69 <br />2 69 67 <br />3 3 3 <br />Measure <br />Package Summary <br />Enhanced <br />Corridor <br />30th Avenue <br />to LCC <br />34% <br />14 <br />Total <br />389,000 <br />$148 <br />56% <br />-$0.1 <br />188 <br />103 <br />4 4 2 3 3 <br />Enhanced Corridor Package Evaluation Summary <br />February 19, 2019, Work Session - Item 1