Managed Lanes and Bus Rapid Transit: Emerging New Financing Opportunities ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Ed Regan Senior Vice President

Managed Lanes and Bus Rapid Transit: Managed Lanes and Bus Rapid Transit:

Emerging New Financing OpportunitiesEmerging New Financing Opportunities

Managed Lanes and Bus Rapid Transit: Managed Lanes and Bus Rapid Transit:

Emerging New Financing OpportunitiesEmerging New Financing Opportunities

ENGINEERSPLANNERS

ECONOMISTS

Wilbur Smith Associates

Ed ReganEd ReganSenior Vice PresidentSenior Vice President

Ed ReganEd ReganSenior Vice PresidentSenior Vice President

ENGINEERSPLANNERS

ECONOMISTS


HOT / BRT: Better TogetherHOT / BRT: Better Together

• Managed and HOT Lanes Gaining Interest in U.S.Managed and HOT Lanes Gaining Interest in U.S. SR 91 Express Lanes - Orange CountySR 91 Express Lanes - Orange County I-15 Managed Lanes - San DiegoI-15 Managed Lanes - San Diego I-10 (Katy Freeway) Managed Lanes - HoustonI-10 (Katy Freeway) Managed Lanes - Houston I-635 (LBJ Freeway) Managed Lanes - DallasI-635 (LBJ Freeway) Managed Lanes - Dallas

• BRT Enjoying ResurgenceBRT Enjoying Resurgence

• Today’s Presentation Looks at Examples of Potential New Today’s Presentation Looks at Examples of Potential New Synergies Between the ConceptsSynergies Between the Concepts A “highway” solution can also become a “transit” solutionA “highway” solution can also become a “transit” solution Together they can provide a new framework for “High Quality Together they can provide a new framework for “High Quality

Transportation”Transportation”

ENGINEERSPLANNERS

ECONOMISTS


• A Look at the New I-10 (Katy Freeway) A Look at the New I-10 (Katy Freeway)

Project in Houston.Project in Houston.

• A Look at I-15 in San Diego - Including A Look at I-15 in San Diego - Including

Public Perceptions about Managed Lanes.Public Perceptions about Managed Lanes.

• The Potential for HOT / BRT Together.The Potential for HOT / BRT Together.

Hint: Think “Win - Win”Hint: Think “Win - Win”

Today’s PresentationToday’s Presentation

ENGINEERSPLANNERS

ECONOMISTS


Managed Lanes - The SR 91 Managed Lanes - The SR 91 ExampleExample

ENGINEERSPLANNERS

ECONOMISTS


IH-10 Managed LanesIH-10 Managed LanesHoustonHouston

• Part of Major Katy Freeway Expansion Part of Major Katy Freeway Expansion Program.Program.

• Innovative Operational and Financing Solution Innovative Operational and Financing Solution to Difficult Congested Corridor.to Difficult Congested Corridor.

• Could be Important Model for Urban Freeway Could be Important Model for Urban Freeway Expansion in the Future.Expansion in the Future.

ENGINEERSPLANNERS

ECONOMISTS


Project Location MapProject Location MapProject Location MapProject Location Map

99

290

10

99

59

610

610

4559

6

8

8

8

261

1464

52190 A

529

1010

596

Houston

Katy

PecanGrove

Fulshear

Sugar Land

Stafford

Piney PointVillage

Spring Valley

Bellaire

Hempstead Hwy

43RD StClay Rd

Katy Frwy

Eld

ridge

Pkw

y

Hill

crof

t

St

Pos

t O

ak R

d

AirportRd

Breaswood Blvd

Gulf Bank Hardy T

oll Road

1093

59

Alle

n

Pkw

y

Vos

s

Rd

HARRIS CO.

FORT BEND CO.

1093

Bellaire BlvdW

estheim

er Rd

6

FirstColony

FirstColony

99

290

10

99

59

610

610

4559

6

8

8

8

261

1464

52190 A

529

1010

596

Houston

Katy

PecanGrove

Fulshear

Sugar Land

Stafford

Piney PointVillage

Spring Valley

Bellaire

Hempstead Hwy

43RD StClay Rd

Katy Frwy

Eld

ridge

Pkw

y

Hill

crof

t

S

t

Pos

t Oak

Rd Airport

Rd

Breaswood Blvd

Gulf Bank Hardy T

oll Road

1093

59

Alle

n

P

kwy

Vos

s R

d

HARRIS CO.

FORT BEND CO.

1093

Bellaire BlvdW

estheim

erRd

6

IH 10Toll Lanes

ENGINEERSPLANNERS

ECONOMISTS


Managed Lanes Access Managed Lanes Access ConfigurationConfiguration

Managed Lanes Access Managed Lanes Access ConfigurationConfiguration

SH 6BRT Park& Ride

BRT Park& Ride

Dairy Ashford Rd

SH 8Silber

Rd BRT Park& Ride

BRT Park& Ride

Houston

N

No Scale

6

10 10 10 10

6

8

8

Dairy

A

shfo

rd R

d

Sam

Hou

ston

Tollw

ay

Sillb

er R

d

Post O

ak

Ln

Bunker Hill Rd

Bu

nke

r H

ill Rd

ENGINEERSPLANNERS

ECONOMISTS


Current and Planned IH-10 Current and Planned IH-10 ConfigurationsConfigurations

Current and Planned IH-10 Current and Planned IH-10 ConfigurationsConfigurations

Planned Expanded Configuration

General Purpos

eLanes

Reversible

Carpool Lane

General Purpose

Lanes

Current Configuration Gener

al Purpose Lanes

General Purpose Lanes

Future Managed Lanes

ENGINEERSPLANNERS

ECONOMISTS


Groundbreaking ProjectGroundbreaking Project

• Cooperative “Public-Public” Partnership.Cooperative “Public-Public” Partnership. TexDOT – State AgencyTexDOT – State Agency HCTRA – County Toll AgencyHCTRA – County Toll Agency METRO – Regional Transit AgencyMETRO – Regional Transit Agency FHWA and FTAFHWA and FTA

• Tolls Used to Finance a Portion of the Major Expansion of an Urban Tolls Used to Finance a Portion of the Major Expansion of an Urban Interstate.Interstate.

HCTRA will provide $250 million in revenue bonds toward overall HCTRA will provide $250 million in revenue bonds toward overall project costproject cost

• Managed Lanes Replace Single Reversible HOV Lane.Managed Lanes Replace Single Reversible HOV Lane.

• Incorporation of Bus Rapid Transit.Incorporation of Bus Rapid Transit.

• Fully Electronic Open Road Tolling.Fully Electronic Open Road Tolling.

• Variable Pricing to Maintain Free Flow for BRT, HOV and Toll Users.Variable Pricing to Maintain Free Flow for BRT, HOV and Toll Users.

ENGINEERSPLANNERS

ECONOMISTS


Unique Transit ProvisionsUnique Transit Provisions

• Four Managed Lanes Replace Single Reversible Lane.Four Managed Lanes Replace Single Reversible Lane.

• METRO Provided up to 25% of Peak Period Capacity in METRO Provided up to 25% of Peak Period Capacity in Peak Direction.Peak Direction. Express BussesExpress Busses Three person CarpoolsThree person Carpools

• Pricing will be Set to Maintain Free Flow for Transit / Pricing will be Set to Maintain Free Flow for Transit / HOV’s.HOV’s.

• TexDOT Agrees to “Buy Out” Remaining Bonds if Rail TexDOT Agrees to “Buy Out” Remaining Bonds if Rail Constructed in Corridor in Distant Future.Constructed in Corridor in Distant Future.

ENGINEERSPLANNERS

ECONOMISTS


• Key Provision for Transit.Key Provision for Transit.

• HCTRA Agrees to Always Price the Managed Lanes to HCTRA Agrees to Always Price the Managed Lanes to

Assure 55 MPH Operating Speed - Even in Peak Hours.Assure 55 MPH Operating Speed - Even in Peak Hours.

• Busses Have Free Usage - Plus Direct Access To/From BRT Busses Have Free Usage - Plus Direct Access To/From BRT

Center Park and Rides.Center Park and Rides.

• Essentially a Four Lane, Two Directional Free-Flowing Essentially a Four Lane, Two Directional Free-Flowing

“Busway”.“Busway”. Shared with, Shared with, and paid for byand paid for by, toll paying vehicles (managed , toll paying vehicles (managed

through pricing)through pricing)

Using Price to Manage DemandUsing Price to Manage Demand

ENGINEERSPLANNERS

ECONOMISTS


Typical Managed Lanes AccessTypical Managed Lanes AccessTypical Managed Lanes AccessTypical Managed Lanes Access

Peak Period

Managed Lane

CURRENT TOLLTo

Dairy Ashford

$0.50Free

1 or 2Occupants

HOV 3+

To

$2.50Free

610

To Bunker

Hill

$1.00Free

ENGINEERSPLANNERS

ECONOMISTS


Typical Tolling ZonesTypical Tolling ZonesTypical Tolling ZonesTypical Tolling Zones

Police Car Polic

e Car

Guide Posts

Guide Posts

ENGINEERSPLANNERS

ECONOMISTS

Wilbur Smith Associates0

10

20

30

40

50

60

70

SP

EE

D (

MP

H)

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

90,000

100,000

110,000

0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

VM

T

Toll Rate / Toll Rate / Operations Operations ProfileProfileWestboundWestboundP.M. PeakP.M. Peak

Toll Rate / Toll Rate / Operations Operations ProfileProfileWestboundWestboundP.M. PeakP.M. Peak

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

22,000

0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

RE

VE

NU

E

REVENUE

RE

VE

NU

E,

$/T

RA

VE

L P

ER

IOD

3.251.65 2.15 4.90 5.95 7.05 7.60 8.20 9.203.80 5.45 6.50 8.700.00 2.75 4.35

THROUGH TRIP TOLL RATE ($)

M/L VMT

TotalHOV3LOV

VM

T, V

EH

ICL

E M

ILE

S T

RA

VE

LE

D/P

ER

IOD


0

10

20

30

40

50

60

70

SP

EE

D (

MP

H)

SPEED


Managed Lanes

SP

EE

D (

MP

H)


SPEED


Managed LanesS

PE

ED

(M

PH

)


0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

22,000

RE

VE

NU

E

REVENUE

RE

VE

NU

E,

$/T

RA

VE

L P

ER

IOD


M/L VMT


0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

90,000

100,000

110,000

VM

T

3.251.65 2.15 4.90 5.95 7.05 7.60 8.20 9.203.80 5.45 6.50 8.700.00 2.75 4.35

TotalHOV3LOV

VM

T, V

EH

ICL

E M

ILE

S T

RA

VE

LE

D/P

ER

IOD

3.251.65 2.15 4.90 5.95 7.05 7.60 8.20 9.203.80 5.45 6.50 8.700.00 2.75 4.35 3.251.65 2.15 4.90 5.95 7.05 7.60 8.20 9.203.80 5.45 6.50 8.700.00 2.75 4.35

3.251.65 2.15 4.90 5.95 7.05 7.60 8.20 9.203.80 5.45 6.50 8.700.00 2.75 4.35 3.251.65 2.15 4.90 5.95 7.05 7.60 8.20 9.203.80 5.45 6.50 8.700.00 2.75 4.35

2007 2015

Optimum Toll Rate

ENGINEERSPLANNERS

ECONOMISTS


Through Trip Toll RatesThrough Trip Toll Rates

•AM Peak•AM Shoulder•Mid-Day•PM Shoulder•PM Peak

$2.202.151.101.101.10

$5.453.802.152.151.65

$6.755.452.152.152.15

•AM Peak•AM Shoulder•Mid-Day•PM Shoulder•PM Peak

$0.550.550.851.652.70

$1.101.100.853.254.35

$1.651.651.104.906.75

Eastbound

Westbound

2007 2015 2022

ENGINEERSPLANNERS

ECONOMISTS


Peak Hour Traffic Distribution*Peak Hour Traffic Distribution*

LOVHOV-3+CVTotal

11,500900100

12,500

8,900100100

9,100

2,300800

3,100

Eastbound - AM Peak

Westbound - PM Peak

20.0%88.9%

24.8%

LOVHOV-3+CVTotal

11,400800300

12,500

9,400100300

9,800

2,000700

2,700

17.5%87.5%

21.6%

TotalDemand

GeneralPurposeLanes

ManualLanes

ManagedLanesShare

* 2003 Levels at East Toll plaza

ENGINEERSPLANNERS

ECONOMISTS


Broad Support for the I-15Broad Support for the I-15Managed Lanes ProjectManaged Lanes Project

•StakeholdersStakeholders Elected Officials support the projectElected Officials support the project Technical stakeholders look to repeat previous successTechnical stakeholders look to repeat previous success

•Focus GroupsFocus Groups Broad support for project, especially Bus Rapid Transit Broad support for project, especially Bus Rapid Transit Current FasTrak customers showed strongest supportCurrent FasTrak customers showed strongest support

•Intercept Surveys (50 carpoolers/50 transit riders along I-Intercept Surveys (50 carpoolers/50 transit riders along I-15 Corridor)15 Corridor)

92% of carpoolers thought FasTrak lanes were “fair to 92% of carpoolers thought FasTrak lanes were “fair to them”them”

94% of transit riders thought FasTrak lanes were “fair to 94% of transit riders thought FasTrak lanes were “fair to them”them”

ENGINEERSPLANNERS

ECONOMISTS


Good Idea to Have Time Saving Good Idea to Have Time Saving Option on I-15Option on I-15

Don’t Know

2%Strongly Disagree

3%

Somewhat Disagree

4%

Somewhat Agree

21%

Strongly Agree

70%

ENGINEERSPLANNERS

ECONOMISTS


Approval of FasTrak Program on I-Approval of FasTrak Program on I-1515

Approve

88%

Don’tKnow

1%

Disapprove

11%

Don’tKnow

6%Disapprove

28%

FasTrak Customer Other I-15 Users

Approve66%

ENGINEERSPLANNERS

ECONOMISTS


FasTrak Program Reduces FasTrak Program Reduces Congestion on I-15Congestion on I-15

StronglyAgree

65%

Somewhat

Agree

25%

Somewhat

Disagree

5%

StronglyDisagree

5%

StronglyAgree

42%Somewha

tAgree

31%

Somewhat

Disagree

11%

StronglyDisagree

14%

Don’tKnow

2%


ENGINEERSPLANNERS

ECONOMISTS


Don’tKnow

5%

Extend ExpressLanes

37%

AddRegularLanes

26%

BuildOtherRoads

21%Add

Transit

11%


Single Most Effective Way toSingle Most Effective Way toReduce Congestion on I-15Reduce Congestion on I-15

ExtendExpressLanes

49%

AddRegularLanes

24%BuildOtherRoads

13%

AddTransit

10%

Don’tKnow

4%

ENGINEERSPLANNERS

ECONOMISTS


HOT/BRT: Better TogetherHOT/BRT: Better Together

• Win - Win Scenario.Win - Win Scenario. Highway SideHighway Side

Transit SideTransit Side

• Innovative Integrated Finance Innovative Integrated Finance Opportunity.Opportunity.

• Potential Integrated “High Quality” Potential Integrated “High Quality” Transportation Solution.Transportation Solution.

ENGINEERSPLANNERS

ECONOMISTS


Key Ingredient: Value PricingKey Ingredient: Value Pricing

• Manages Demand to Keep Lanes Flowing -Manages Demand to Keep Lanes Flowing -Preserves Critical Time Savings Advantage.Preserves Critical Time Savings Advantage. For toll paying vehiclesFor toll paying vehicles For BRT (“Virtual” Busway)For BRT (“Virtual” Busway)

• Generates Revenue.Generates Revenue. For capital cost to get lanes built - (I-10 example)For capital cost to get lanes built - (I-10 example) For transit operating subsidies where HOV lanes exist (I-15 example)For transit operating subsidies where HOV lanes exist (I-15 example)

• Highway / Transit Cross Subsidy Not Really an Issue.Highway / Transit Cross Subsidy Not Really an Issue. Motorists are Motorists are voluntarilyvoluntarily paying a toll for time savings benefits paying a toll for time savings benefits theythey

receivereceive Not simply a toll for the benefit of a mode they are not usingNot simply a toll for the benefit of a mode they are not using

• Pricing Provides a “Built-In” Incentive to Shift to TransitPricing Provides a “Built-In” Incentive to Shift to Transit

ENGINEERSPLANNERS

ECONOMISTS


Bottom Line: Managed Lanes / BRT Bottom Line: Managed Lanes / BRT Together Can…Together Can…

• Increase Efficiency of Existing HOV Lanes.Increase Efficiency of Existing HOV Lanes.

• Enhance Park & Ride Programs and Transit Enhance Park & Ride Programs and Transit Services.Services.

• Merge Roadway and Transit Systems, Making Most Merge Roadway and Transit Systems, Making Most Efficient Use of Each.Efficient Use of Each.

• Manage Demand Through Value Pricing.Manage Demand Through Value Pricing.

• Provide a Badly Needed New Source of Revenue.Provide a Badly Needed New Source of Revenue.

• Generate Strong Public Support - A True Generate Strong Public Support - A True “Win - “Win - Win”Win” Scenario Scenario

Documents

Managed Lanes and Bus Rapid Transit: Emerging New Financing Opportunities ENGINEERS PLANNERS ECONOMISTS Wilbur Smith Associates Ed Regan Senior Vice President