Comments on: Roosevelt retail boom http://westnorth.com/2005/05/23/roosevelt-retail-boom/ an irregular view on cities Wed, 01 Sep 2010 00:15:30 +0000 hourly 1 http://wordpress.com/ By: paytonc http://westnorth.com/2005/05/23/roosevelt-retail-boom/#comment-15546 paytonc Thu, 29 May 2008 18:29:25 +0000 http://paytonc.wordpress.com/2005/05/23/roosevelt-retail-boom/#comment-15546 <a href="http://seattletimes.nwsource.com/html/localnews/2004433488_streetcar23m.html" rel="nofollow">The Seattle Times</a> fills in a few more numbers regarding South Lake Union: - Route length 1.3 miles - Construction cost $52 million - Operating cost $2.1 million - Farebox recovery ratio 14% - Headway 15 minutes - 1,000 trips/day projected for first year - "the point of the $52 million line never was to break even, but to promote housing density and business growth." The Seattle Times fills in a few more numbers regarding South Lake Union:
- Route length 1.3 miles
- Construction cost $52 million
- Operating cost $2.1 million
- Farebox recovery ratio 14%
- Headway 15 minutes
- 1,000 trips/day projected for first year
- “the point of the $52 million line never was to break even, but to promote housing density and business growth.”

]]> By: paytonc http://westnorth.com/2005/05/23/roosevelt-retail-boom/#comment-3244 paytonc Tue, 17 Jul 2007 00:57:01 +0000 http://paytonc.wordpress.com/2005/05/23/roosevelt-retail-boom/#comment-3244 Another streetcar example: a 2.4 mile, $63M streetcar restoration in Tampa has kicked off <a href="http://www.realestatejournal.com/propertyreport/newsandtrends/20070626-herrick.html" rel="nofollow">nearly $2B in property development</a> with nearly 10,000 residents predicted -- in spite of sinking ridership (just over 1,000 riders a day!) and mounting losses. "Streetcars are not designed to save time... They're designed to change the way neighborhoods are built." – Rep. Earl Blumenauer, D-Ore. Another streetcar example: a 2.4 mile, $63M streetcar restoration in Tampa has kicked off nearly $2B in property development with nearly 10,000 residents predicted — in spite of sinking ridership (just over 1,000 riders a day!) and mounting losses.

“Streetcars are not designed to save time… They’re designed to change the way neighborhoods are built.” – Rep. Earl Blumenauer, D-Ore.

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