paoli transit center presentation

PAOLI TRANSIT CENTER

Presentation to

State Rep. Joseph F. Markosek

State Rep. Richard A. Geist . .

Transportation Funding Issues - Affecting South East Region

June 4,2010


PRESENTATION AGENDA

I. Opening Remarks / Introduction Michelle IGchline - Tredyffrin Townshp Supervisor

11. Bacliground/History of the Property

111. Critical Roadway Improvement Requirements

IV. Project Benefits I. Job Creation 11. Improved Transit fidership 111. Renewable Energy and Conservation IV. Smart Growth

V. Conclusion


o EPA declared this a superfund site in 1985.

o Transit agencies invested $20m in clean-up to allow for multi-modal transit development to proceed following clean-up in 2006;

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o Situated in Tredyffrin and Willlstown Townships - both Townslvps adopted zoning in 2008 to promote the re-development of the property;

o Townships working cooperatively to form Joint Municipal Authority ("JMA") to provide authority to receive and oversee investment of federal, state and local redevelopment funds;

o Current site is owned by AMTRAK and provides no tax revenues to the State. Anticipated private. development of approximately $300,000,000 will provide significant tax revenues to the State;

o Paoli Transit Center is currently unlized by many large area employers and

.. . -, it is imperative we maintain this employment base in the State.

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. . PAOLI .TRANSIT CENTER

The Vanguard Group, Inc. Siemens Medcal Solutions ' r

Centocor, Inc. Acm-e Markets, Inc.

. Paoli Hospital - Line, He& sysrem. . . . .

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* Current Substation $

Proposed Train Station and commuter parking garage Location

Proposed Substation Location Current SEPTA AMTRAK Static

Proposed SEPTA Bus Facility


Summary

o 600,000 trips annually from Paoli Station for both SEPTA and AMTRAR; - , , .

o Current station in poor operating and physical condition;

o Direct access to major cities such as Washington, New York, Philadelphia, and Harrisburg;

o Close proximity to Route 202 and major employers and centers of commerce that depend on convenient public transit to grow and retain employment. ,


trips annually, representing the largest station usage outside of 30th Street Station;

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o Current station is in poor operating-and physical condition. Station access is difficult and unsafe ;

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o No .de&ccateted intermodal bus s e ~ c e . Buses queue up in the middG,df the. .... . . . . , ., . . - .- ' ' - p a r k . aisle,. - parking. is hsuffhclnt. and: .&sc-o'hnected ,frdm, .he:'$fa.fjvniL','+,-

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Yo& City and Washington, DC; :

o Surrounhg:ro,ads, . ? : and .. , . bridges- . ! . . , . m3-r-l. inneed rf $. :.; ofimmediate , . investment to dOwW' , . - ' *: --;

. for safe and c-fiv&&~'xc&s b ~ ? ' ~ & ~ t e ~ ~ .and area residents ,&e; . ., :-. . . . . .. .+-., . + .". .. n . . . . . . . . . ' . , * , . . . . . . . . . . . . . . . ._;_ .. : .. . - . , . 6, -

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PAOLI TRANSIT CENTER I

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,*,: ..A-. ,.:.G ;;,7<,>;: : L , , -- . .-, -. .< .- . ..- . : . ,..+ : ,- L- :2yk:.,, . +T;.,::.'-:: $:$$: -36 000,.$)()0

, " : ; 2 ; ;: . . -- r,y@,%'4 -..-., . .; . , )- ' . .- .L 9+ - ' , commuter parkrng garage

$ 20,000,000 replacement of outdated sub station

2,000,000 new AMTRAI</SEPTA train station

$133,000,000 in transportation funhng needs


I. - Tob Creation

o Based on job creation estimates, both priva.te and public developm&t investment will yield approximately 5000 construction jobs and d support 2000 jobs of permanent employment.

11. Improved - Transit Ridership

Currently the most heady uthzed SEPTA and AMTRAK station outside of 30h Street with deplorable and' unsafe conditions;

o 1200 space parking garage wdl satisfy current and projected increase in

ridership by providmg safe and convenient station access;

o New intermodal hub d provide improved bus circulation, vehcle

parking and cclass and ride" drop-off convenience.


III. Renewable Energy and Conservation

o Replacement of out of date hghly inefficient electric substation d

, o Proposed solar farm will provide nearly one-half megawatt of power

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, . . , , directly to AMTRAIC and SEPTA;

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. , . 8.:' ' : . . w... '. , . , , ,.. , -., .Pedes.txian ,+- , , .. . . . . .. . . . , . . . sensitive . and bicycle friendly access will reduce number of - . . . - . . . . . - . .

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. , o : Private development component to incorporate additional renewal energy components as well as LEED certified bddings.


IV. PTC Will Support Smart Growth

o Transit oriented development encourages increased' densities around the transportation hub thereby promotiiig the ualiiation of public transportation;

o Transit Center d trigger the development of over 1,000,000 sf. of private real estate development- with an estinized assessed v&e of over $300,000,000. This will result in an estimated net tax benefit of over $450,000 per annum; a :

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o Utilization of existing infrastructure such as roads and uulttiesi provides an opportunity to preserve farms and open space throughout the: community. Private development component d. serve to relieve commerkial and residential development pressure in one of the most desirable i ~ a i n Line


w. PTC Will Support - Smart Growth - Can't

o Master development plan establishes the PTC as the cornerstone of a pedestrian friendly Paoli Town Center;

o PTC and the private development component will reclaim a former superfund site to productive use.

L -, PAOLI TRANSIT CENTER

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INVESTMENT I N PAOLI TRANSIT CENTER!WILL YIELD BIG DIVIDENDS.. .

Improved transit ridershp in turn makes SEPTA and AMITRAIC more profitable and less dependent on State support;

Paoli Transit Center will have sipficant impact on entire regipn;

Safer and convenient transit wiU help retain and grow employment;

State investment will result in sipficant net tax revenues to State from private development.

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PAOLI TRANSIT CENTER,. . - .

paoli transit center presentation

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