Seattle and Streetcars– An Update
Cliff HenkeSr. Analyst, BRT and Small Starts
PB TR&S, Inc.
Denver Streetcar Workshop – September 27, 2007
page 2CONFIDENTIAL
Topics Today
Brief Background Status
2007 opening 2008 referendum
Keys to success
page 3CONFIDENTIAL
Challenging topography and street grid
South Lake South Lake Union Union neighborhoodneighborhood
page 4CONFIDENTIAL
A City Surrounded by Water and Hills
page 5CONFIDENTIAL
The right time, the right place
Two of fastest growing neighborhoods in Seattle Expect 25,000 new jobs and 11,000 new households by 2024
page 6CONFIDENTIAL
Increasing mobility in the Center City
page 7CONFIDENTIAL
Seattle Streetcar by the numbers
2.6 miles 11 stops 3 streetcars $51 million to construct 330,000 riders/year 3.3 million square feet of
office development 6,100 units of housing
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Turning Challenges into Opportunities
Climate of skepticism Leveraging private
partnerships Metro Transit Joint
Operations Agreement
page 9CONFIDENTIAL
Local Improvement District
Seattle’s first LID in 15 yearsCovers half of capital cost–$25M
Only contested by 1.47% of
property owners
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Funding streetcar operations
King County MetroKing County Metro$13.9 M$13.9 M
SponsorshipsSponsorships$8.2 M$8.2 M
Other $2 MOther $2 M
FareboxFarebox$8.2 M$8.2 M
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Streetcar Timeline
June 2005June 2005
Funding plan approved
June 2007 June 2007 Joint operating
agreement approved
June 2006June 2006
Streetcar groundbreaking
October 2005October 2005
Local Improvement District implemented
December 2007December 2007Streetcar operating
January 2003January 2003
Streetcar Concept Announced
page 12CONFIDENTIAL
Target Opening Day: December 2007!
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Increasing mobility in the Center City
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Opportunity:Streetcar extensions
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Keys to Success
Buy-in of all major stakeholders Public share of financial plan Fast implementation (less than
four years concept to revenue
opening) Local developer support Minimal disruption during
construction (Portland model) Flexibility during construction to
address field conditions
page 16CONFIDENTIAL
First car delivered September 2007
page 17CONFIDENTIAL
Thanks
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