Case Study of Personal Rapid Transit at Village West: Economic Benefits and Sustainability Analysis
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This case study examines the implementation of Personal Rapid Transit (PRT) at Village West, outlining its economic viability and environmental impact. Key findings include a benefit/cost ratio of 2.57, increased annual sales tax revenue of $19.6 million, and a $21.7 million total cost over ten years. Additionally, simulations at Fort Carson demonstrate 16.93 million annual passengers, with fares of $1.66 covering all net costs. The report emphasizes the necessity of sustainable transport solutions to reduce GHG emissions and highlights the vital steps in stakeholder engagement and system planning.
Case Study of Personal Rapid Transit at Village West: Economic Benefits and Sustainability Analysis
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Presentation Transcript
Some Personal Rapid Transit Activities Peter Muller ATRATECHNIX2010
Village West Development Personal Rapid Transit Case Study
Village West Results • Benefit/cost ratio 2.57 • Increased annual sales tax $19.6M • Annualized capital and operating costs over ten years $21.7M • $0.52 fare per trip covers shortfall • After ten years $1.00 per trip pays operating costs.
13 Miles of Guideway 30 Stations Fort Carson Army Post
Net Annual Costs/Benefits Benefit/Cost Ratio = 2.35
Costs vs. Revenues • 16.93M annual passengers • $1.66 per ride covers all net costs • $230 federal employee monthly transit allowance • 29,034 active military @ $230 per month = $80.14M annually • Bonding on fare revenue only is not typical
Fort Carson Phase II • Capitalization • System Extension • Benefit/Cost • Life-cycle Sustainability Performance
In addition 47% of net increase in GHGs since 1990 due to transportation Transportation contributes 34% of all GHGs We must reduce energy used AND change primary source Problems with Conventional Transport
How to Get Into PRT • Stakeholder Workshop • Public Outreach • Route Planning • Ridership Projections • Benefit/Cost Evaluation • Risk Analysis & Mitigation • Business Plan • Implementation Plan • Permitting • Procurement • Testing & Certification
Technical Papers • A Simple PRT Control System • Explores the limits of synchronized control systems • Ride Sharing in Extensive PRT Networks • Explores ride sharing methodologies for city-wide PRT systems
Contact Information Peter Muller PRT Consulting, Inc. 1340 Deerpath Trail, Ste 200 Franktown, CO 80116 Ph: 303-532-1855 Cell: 720-318-4795 Fax: (303) 309-1913 Twitter: http://twitter.com/PRTGuru www.prtconsulting.com