hot lanes on i-77
DESCRIPTION
HOT Lanes on I-77. A commuter’s perspective. Dec 11, 2012. The Problem. Phase 2: Single GP lane in both directions from exit 28 to exit 36: ~$75M. Phase 1: Single GP lane in both directions from I-485 to exit 28: ~$50M. - PowerPoint PPT PresentationTRANSCRIPT
HOT Lanes on I-77A commuter’s perspective
Dec 11, 2012
The Problem
Phase 1: Single GP lane in both directions from I-485 to exit 28:
~$50M
Phase 2: Single GP lane in both directions from exit 28 to exit
36: ~$75M
Source: Meeting with Bill Coxe, Sept 20, 2012; “I-77 HOT Discussion with Cornelius Town Board”, email from Bill Coxe to Andrew Grant, Oct. 10, 2012
The Initial Solution
Source: “I-77 Feasibility Study HOV-HOT Lanes Conversion”, Parsons- Brinkerhoff, May 6, 2010
Current Funding
Now that $27M + $15M have materialized, what if…
Source: MUMPO 2012- 2018 TIP, Adopted
We Used It For GP Lanes?
A $13M Gap Keeps Us From a General Purpose Lane, Phase 1
The Initial Proposal – TIP 5405 HOT
Source: “I-77 Feasibility Study HOV-HOT Lanes Conversion”, Parsons- Brinkerhoff, May 6, 2010
But the initial proposal did not have enough toll paying miles in it, so…
Add HOT Lanes
Convert HOV to
HOT Lanes
The Current Proposal
Source: “I-77 HOT Lanes Project Overview NCSITE Lunch N’ Learn”, August 21, 2012; “I-77 Widening Update”, MUMPO (Bill Coxe), Sept 19, 2012
Let’s look at the projects in Mecklenburg…
5405 & 3311C
27 Miles of HOT Lanes
Cost: $513M
5405
HOV–HOT Lane $7M
2nd HOT Lane $50M
Source: MUMPO 2012- 2018 TIP (Adopted); KRN Analysis
3311C
Issue Cost
I-277 Connector $$$$M
Widen Lanes $16.5M
Environmental $$$
Source: I- 3311E; “I-77 Local Officials Meeting”, August 1, 2012
The Current Proposal
?
The Real Cost of HOT Lanes
HOT Lanes Require $300M+ Investment- 6X GP Lanes
Items in Red- No benefit to LKN
The HOT Lane
Financial Model
Requires Substantial Additional
Investments
Source: ibid, I-77 HOV- HOT Lane Conversion Fact Sheet, Mar 10, 2010
HOT Lanes GP Lanes
Construction 50.0$ 50.0$
HOV-HOT Conversion
13.0$ -$
Additional HOT Lane
50.0$ -$
Widen Lanes in Charlotte
16.5$ -$
I-277 Connector $$$$ -$
Environmental Issues
$$$
HOT Lane Operating Cost
100.0$ -$
P3 Profit 100.0$ -$
Center Dropdown Lanes
$$$ -$
Total: 329.5$ 50.0$
Phase 1: Widening I-77 from Exit 23 to Exit 28
HOT Lanes GP Lanes Do Nothing
Construction 50.0$ 50.0$ -$
HOV-HOT Conversion
13.0$ -$ -$
Widen Lanes in Charlotte
16.5$ -$ -$
Additional HOT Lane
50.0$ -$ -$
HOT Lane Operating Cost
100.0$ -$ -$
P3 Profit 100.0$ -$ -$
Center Dropdown Lanes
$$$ -$ -$
Brookshire Interchange
$$$$ -$ -$
Total: 329.5$ 50.0$ -$
Phase 1: Widening I-77 from Exit 23 to Exit 28
About That $50M GP Lane…
$37M Public Funds +
$13M funding gap…
…that end up costing us over $300M!!
HOT Lanes and Congestion
HOT lanes rely on congestion
More congestion = more profit
HOT Lane Options
HOT Lane Restriction
Highest Throughput
Best for P3
Lower Cost
Lowest Throughput
HOT Lane
Capacity
Low: 2 PPV High: 3 PPV
Low: 1 Lane
High: 2 Lanes
“HOV 2+ require substantial subsidies from the state”
Source: “I-77 Feasibility Study HOV-HOT Lanes Conversion”, Parsons- Brinkerhoff, May 6, 2010
HOT Lanes & Congestion
HOT lanes are expected to have “minimal impact to the travel speed in the existing general purpose lanes.”- “Comments on Environmental Documents for TIP
Projects I-3311 C and I-4750 HOT”, MUMPO memo dated October 4, 2012
HOT Lanes Will Ensure Congestion, Not Relieve It
HOT Lanes & the Future
Unplanned Revenue Impacting Facility
Compensation Event
Source: “I-77 HOT Lane Project Discussion with Cornelius Town Board”, email from Bill Coxe to Andrew Grant, October 15, 2012
HOT Lanes and Our Future Q: “Will there ever be an opportunity to
construct GP lanes along I-77 under the P3 scenario?”
A: “The answer is technically “yes” but it would almost certainly cost the public much more than the cost of construction and… it would be an ongoing cost through the remaining life of the contract.”
Source: “I-77 HOT Lane Project Discussion with Cornelius Town Board”, email from Bill Coxe to Andrew Grant, October 15, 2012
HOT Lanes Put Us in a Contractual Straightjacket
HOT Lanes on I-77:HOT Lanes on I-77:
Cost more- much more- than GP lanes Require additional improvements with
no benefits to LKN commuters Ensure congestion instead of relieving it Preclude additional GP lanes Limit our ability to improve other roads Lock us into an agreement with a
private company for 50years
I-77: A Commuter’s Perspective
Has never been widened in ~40 years Serves one of the fastest growing regions in
the state Is the only four lane interstate in
Mecklenburg County Is now the most congested four lane in the
state and…
…is set to become the first HOT lane in the county
What Should We Do?
Town Commissioners
LNTC
State Elected Officials
Constituents
