
Last time I checked, Expo Line also go through a park named Central Park...
Quote:
Originally Posted by queetz@home
For $3 billion dollars, you can have BOTH Broadway (to Cambie / Canada Line) AND Surrey Rapid Transit! That way, both cities and its taxpayers benefit greatly and the entire region between them also benefits due to increase in destination options accessible by a far more extensive rapid transit network.
The only "looser" in this scenario will be UBC itself, since they won't have their students get too and from the Skytrain lines *FAST*, but if speed is so bloody important to them, let them pay for it, or wait until there is extra funds to build their leg (like how PoCo is waiting for their leg from the Evergreen Line).
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TransLink and everyone else,
including Surrey, is most likely the loser in this case. So far, everyone only care about the 3B capital cost, but how about operational cost? How much can TransLink save if the line goes to UBC and they can cut service to duplicate routes?
- The 99 can be completely canceled - that saves $12M a year
- The 44, 84, 480 can all be canceled, as the main purpose of them is to alleviate the load of 99 to bring people to UBC. With the majority of UBC traffic moved to the new line (via Canada Line or Millennium Line) - this saves $8M a year
- Surface route on Broadway can be dramatically cut - namely the 9 and 14 - $4-6M/year can easily save from here
- Service on parallel routes such as 25 and 49 can be reduced too, since people would prefer the faster service - maybe another $4M/year?
The service "optimization" above saves about $30M/year - the value is estimated from cost of the route performance report + 30% for layover/deadheading.
Then the new line is expected to attract 54k new riders a day, about 17.3M riders a year (low estimate), which gives $33M of fare revenue
Finally, minus the $13M operating cost of UBC line... This gives a operating saving of $50M a year. If they use that money to build new rapid transit line, that equals to a contribution of about $650M according to Evergreen Line number. If the Province and Fed are also contributing 1/3 each - we suddenly got a new $1.95B rapid transit line!
So the end result, for $3B we got the
FULL Broadway Rapid Transit
AND the Surrey Rapid Transit - if only Broadway line goes about 5 or so years ahead and if they can transfer the operating "efficiency" into another rapid transit line.
But what if the Surrey Line build first... Lets use the LRT1 option the the City of Surrey loves so much...
- Lets say the 321 can be cancelled completely - that's a $7.5M saving there
- It is harder to estimate the saving on Guildford portion - lets assume that and the Fraser branch equal a complete cancellation of 502 - that's a saving of another $7.5M
- Throw in the saving if the cancellation of 96 B-Line - this gives $7.2M more saving on top of the 321, assume the
full route to White Rock is implemented, which is not the case [Note: this cost I assume is the net cost on top of the saving of reduced 320/321/394 service, so part of the B-Line cost should be included as part of the saving in 321]
- Improved feeder service, local service along rapid transit route, and other optimization saving on parallel are very hard to estimate here - I'm pretty sure this will result in a net increase of service but lets just leave them out from the calculation here
Total saving of bus service in this case would be $22.2M. New ridership from the rapid transit line is expected to be 12k, this gives about 3.85M of annual ridership and fare revenue of $7.3M.
Finally, the operating cost of LRT1 is expected to be $39M, as the lines will need drivers and are more than 3 times as long as Broadway Line. So this would give an
operating loss of $9.5M per year! The RRT option is doing a bit better, but still result in a net operating loss of $7M/year. This is actually much worst than the case for Evergreen Line, which is expected to have an annual operating revenue of a mere $0.3M/year (after Millennium service redesign and bus integration)
The numbers above are just my pure estimates from the numbers available. But it somewhat gives an idea why I'm supporting Broadway Line to go before Surrey Lines..