Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Streetcars in Cincinnati: UC Study Says Previous Assessment Is On Track

01.09.2008
Cities across the U.S. and even other countries turn to UC’s George Vredeveld to help sort out pressing economic issues. When it wanted to gauge the latest research regarding streetcars in Cincinnati, the university did the same.

The University of Cincinnati is a proposed station stop along what may one day become a four-mile streetcar system in town. As such, UC recently turned to an internationally recognized economics researcher to help analyze whether the costs and benefits of such a system had been rigorously and accurately projected.

That researcher is the university’s own George Vredeveld, director of the Economics Center for Education & Research at UC, who collaborated with Jeffrey Rexhausen, associate director of research at the center and G. Irem Yelkanci, research assistant. Other U.S. cities and even other countries frequently turn to Vredeveld and the center to help sort out labor, development, environmental, small business, transportation and other issues impacting regional economics.

“Grading” the recently completed HDR Streetcar Feasibility Study
UC and the Economics Center for Education & Research are releasing a report today. This Assessment of the Cincinnati Streetcar Study “grades” the in-depth streetcar report (the HDR Streetcar Feasibility Study) completed in 2007 on behalf of the City of Cincinnati by HDR, Inc., of Omaha. The report also includes a description of how streetcars have affected other cities.

“We applied the smell test to the HDR study,” said Vredeveld, meaning he compared the process and methodology of other studies to that of the HDR study. The UC center also compared the ridership estimates in the HDR study to actual ridership for the Memphis and Portland, Oregon, streetcar systems.

... more about:
»Cincinnati »HDR »Streetcar »streetcar system

“And we found that HDR was in the ballpark,” Vredeveld stated, regarding both ridership and economic-development payoffs in the form of increased property values, business development, employment and tax revenues along and close to the streetcar line.

Looking at what critics have to say

The UC center also closely examined criticisms of mass transit, specifically from the Cato Institute as applied to Portland, Oregon. They found that most of the criticisms don’t apply to Cincinnati streetcar proposals. That’s because the focus of the Cato Institute critique of Portland were more broadly based objections to the political process and a regional transit system – not related to any dispute of ridership and development results related to streetcars.

Conclusion

Cincinnati is on the right track in considering a streetcar system, according to Vredeveld. The likely average net economic payoff of $315.8 million, as estimated by HDR over a 35-year period, is sound, as is HDR’s most conservative net economic payoff estimate of $186.8 million over 35 years. Even if this most conservative payoff comes to pass, “the proposed streetcar system is economically worthwhile,” said Vredeveld.

Additional details
The current proposal for a Cincinnati streetcar system calls for a four-mile looped system that travels from Cincinnati's riverfront, near the stadiums and the Banks project, through downtown north into Over-the-Rhine, with stops at Music Hall and Findlay Market, and then on to UC. According to this latest report from the Economics Center for Education & Research at UC, the proposed route is a plus because systems that link major activity centers (employment, shopping and recreation) generally experience higher levels of ridership.

M.B. Reilly | EurekAlert!
Further information:
http://www.uc.edu

Further reports about: Cincinnati HDR Streetcar streetcar system

More articles from Studies and Analyses:

nachricht Real-time feedback helps save energy and water
08.02.2017 | Otto-Friedrich-Universität Bamberg

nachricht The Great Unknown: Risk-Taking Behavior in Adolescents
19.01.2017 | Max-Planck-Institut für Bildungsforschung

All articles from Studies and Analyses >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Breakthrough with a chain of gold atoms

In the field of nanoscience, an international team of physicists with participants from Konstanz has achieved a breakthrough in understanding heat transport

In the field of nanoscience, an international team of physicists with participants from Konstanz has achieved a breakthrough in understanding heat transport

Im Focus: DNA repair: a new letter in the cell alphabet

Results reveal how discoveries may be hidden in scientific “blind spots”

Cells need to repair damaged DNA in our genes to prevent the development of cancer and other diseases. Our cells therefore activate and send “repair-proteins”...

Im Focus: Dresdner scientists print tomorrow’s world

The Fraunhofer IWS Dresden and Technische Universität Dresden inaugurated their jointly operated Center for Additive Manufacturing Dresden (AMCD) with a festive ceremony on February 7, 2017. Scientists from various disciplines perform research on materials, additive manufacturing processes and innovative technologies, which build up components in a layer by layer process. This technology opens up new horizons for component design and combinations of functions. For example during fabrication, electrical conductors and sensors are already able to be additively manufactured into components. They provide information about stress conditions of a product during operation.

The 3D-printing technology, or additive manufacturing as it is often called, has long made the step out of scientific research laboratories into industrial...

Im Focus: Mimicking nature's cellular architectures via 3-D printing

Research offers new level of control over the structure of 3-D printed materials

Nature does amazing things with limited design materials. Grass, for example, can support its own weight, resist strong wind loads, and recover after being...

Im Focus: Three Magnetic States for Each Hole

Nanometer-scale magnetic perforated grids could create new possibilities for computing. Together with international colleagues, scientists from the Helmholtz Zentrum Dresden-Rossendorf (HZDR) have shown how a cobalt grid can be reliably programmed at room temperature. In addition they discovered that for every hole ("antidot") three magnetic states can be configured. The results have been published in the journal "Scientific Reports".

Physicist Dr. Rantej Bali from the HZDR, together with scientists from Singapore and Australia, designed a special grid structure in a thin layer of cobalt in...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Booth and panel discussion – The Lindau Nobel Laureate Meetings at the AAAS 2017 Annual Meeting

13.02.2017 | Event News

Complex Loading versus Hidden Reserves

10.02.2017 | Event News

International Conference on Crystal Growth in Freiburg

09.02.2017 | Event News

 
Latest News

Impacts of mass coral die-off on Indian Ocean reefs revealed

21.02.2017 | Earth Sciences

Novel breast tomosynthesis technique reduces screening recall rate

21.02.2017 | Medical Engineering

Use your Voice – and Smart Homes will “LISTEN”

21.02.2017 | Trade Fair News

VideoLinks
B2B-VideoLinks
More VideoLinks >>>