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Economic Impact of Bicycle Facilities in Hampton Roads- Phase One.Pdf

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Economic Impact of Bicycle Facilities in Hampton Roads- Phase One.Pdf EconomicEconomic ImpactImpact ofof BicycleBicycle FacilitiesFacilities inin HamptonHampton RoadsRoads Phase One: Literature Review, Benchmarking, and Analysis of Existing Data T18-12 Apr. 2019 HAMPTON ROADS TRANSPORTATION PLANNING ORGANIZATION VOTING MEMBERS Robert A. Crum, Jr. – Executive Director VOTING MEMBERS: CHESAPEAKE JAMES CITY COUNTY SOUTHAMPTON COUNTY Rick West Michael Hipple Barry T. Porter Ella P. Ward – Alternate Vacant - Alternate R. Randolph Cook - Alternate FRANKLIN NEWPORT NEWS SUFFOLK Barry Cheatham McKinley L. Price Linda T. Johnson Frank Rabil – Alternate David H. Jenkins - Alternate Leroy Bennett - Alternate GLOUCESTER COUNTY NORFOLK VIRGINIA BEACH Phillip Bazzani Kenneth Alexander Robert Dyer Christopher A. Hutson – Martin A. Thomas, Jr. – Alternate James Wood- Alternate Alternate HAMPTON POQUOSON WILLIAMSBURG Donnie Tuck W. Eugene Hunt, Jr. Paul Freiling Jimmy Gray – Alternate Herbert R. Green – Alternate Douglas Pons – Alternate ISLE OF WIGHT COUNTY PORTSMOUTH YORK COUNTY Joel Acree John Rowe – Vice Chair Thomas G. Shepperd, Jr. – Chair Rudolph Jefferson - Alternate Shannon E. Glover – Alternate Sheila Noll - Alternate MEMBERS OF THE VIRGINIA SENATE The Honorable Mamie E. Locke The Honorable Frank W. Wagner MEMBERS OF THE VIRGINIA HOUSE OF DELEGATES The Honorable Christopher P. Stolle The Honorable David Yancey TRANSPORTATION DISTRICT COMMISSION OF HAMPTON ROADS William E. Harrell, President/Chief Executive Officer Ray Amoruso – Alternate VIRGINIA DEPARTMENT OF TRANSPORTATION Christopher Hall , Hampton Roads District Engineer Dawn Odom – Alternate VA DEPARTMENT OF RAIL AND PUBLIC TRANSPORTATION Jennifer Mitchell, Director Jennifer DeBruhl – Alternate VIRGINIA PORT AUTHORITY John Reinhart, CEO/Executive Director Cathie Vick – Alternate WILLIAMSBURG AREA TRANSIT AUTHORITY Zach Trogdon, Executive Director Joshua Moore – Alternate HAMPTON ROADS TRANSPORTATION PLANNING ORGANIZATION NON-VOTING MEMBERS: CHESAPEAKE JAMES CITY COUNTY SOUTHAMPTON COUNTY James E. Baker Scott Stevens Michael W. Johnson FRANKLIN NEWPORT NEWS SUFFOLK Amanda Jarratt Cindy Rohlf Patrick Roberts GLOUCESTER COUNTY NORFOLK VIRGINIA BEACH J. Brent Fedors Douglas L. Smith David Hansen HAMPTON POQUOSON WILLIAMSBURG Mary Bunting J. Randall Wheeler Andrew Trivette ISLE OF WIGHT COUNTY PORTSMOUTH YORK COUNTY Randy Keaton Lydia Pettis Patton Neil A. Morgan FEDERAL HIGHWAY ADMINISTRATION Jessie Yung, Acting Division Administrator – Virginia Division FEDERAL TRANSIT ADMINISTRATION Terry Garcia Crews, Region 3 Administrator FEDERAL AVIATION ADMINISTRATION Jeffrey W. Breeden, Airport Planner, Washington Airports District Office VIRGINIA DEPARTMENT OF AVIATION Mark Flynn, Director PENINSULA AIRPORT COMMISSION Michael A. Giardino, Executive Director NORFOLK AIRPORT AUTHORITY Robert S. Bowen, Executive Director COMMUNITY TRANSPORTATION ADVISORY COMMITTEE Theresa Danaher, Chair FREIGHT TRANSPORTATION ADVISORY COMMITTEE Arthur W. Moye, Jr., Co-Chair (Nonvoting Board Member) Delegate Christopher P. Stolle, Co-Chair (Voting Board Member) MILITARY LIAISONS Michael Moore, Captain, U.S. Navy Richard Hayes, Captain, U.S. Navy - Alternate Kevin Carroll, Captain, U.S. Coast Guard Ed Vedder, Colonel, Langley-Eustis INVITED PARTICIPANT John Malbon, CTB Stephen A. Johnsen, CTB W. Sheppard Miller, CTB HRTPO PROJECT STAFF Uros Jovanovic Transportation Engineer Robert B. Case, P.E., Ph.D. Chief Transportation Engineer Michael Long General Services Manager Christopher Vaigneur Assistant General Services Manager REPORT DOCUMENTATION TITLE ORGANIZATION Economic Impact of Bicycle Hampton Roads Transportation Planning Org. Facilities in Hampton Roads 723 Woodlake Drive, Chesapeake, Virginia 23320 Phase One: Literature Review, http://www.hrtpo.org Benchmarking, and Analysis of Existing Data AUTHORS Uros Jovanovic Robert B. Case, PE, PhD REPORT DATE April 2019 ABSTRACT An economic impact analysis inspects the effect of an event on the economy in a specified area, usually measuring changes in revenue, profits, personal wages, and/or jobs. The purpose of the study is to measure the impact of bicycle facilities on local economy. In order to measure economic impact of bicycle facilities, HRTPO staff conducted a literature review, which served as a guide for this study, and then prepared benchmarking criteria, chose competitor cities (with the help of project steering team), and did an analysis of existing data including: path length, number of bike shops, bicycle event spending. PROJECT STEERING TEAM This document was prepared by the Hampton Roads Transportation Planning Organization (HRTPO) with the help of the following steering committee: Carolyn Murphy Williamsburg Amy Parker York County Alison Eubank Hampton Tara Reel Virginia Beach ACKNOWLEDGMENT & DISCLAIMERS Prepared in cooperation with the U.S. Department of Transportation (USDOT), Federal Highway Administration (FHWA), and Virginia Department of Transportation (VDOT). The contents of this report reflect the views of the Hampton Roads Transportation Planning Organization (HRTPO). The HRTPO is responsible for the facts and the accuracy of the data presented herein. The contents do not necessarily reflect the official views or policies of the FHWA, VDOT or Hampton Roads Planning District Commission. This report does not constitute a standard, specification, or regulation. FHWA or VDOT acceptance of this report as evidence of fulfillment of the objectives of this planning study does not constitute endorsement/approval of the need for any recommended improvements nor does it constitute approval of their location and design or a commitment to fund any such improvements. Additional project level environmental impact assessments and/or studies of alternatives may be necessary. NON-DISCRIMINATION The HRTPO assures that no person shall, on the ground of race, color, national origin, handicap, sex, age, or income status as provided by Title VI of the Civil Rights Act of 1964 and subsequent authorities, be excluded from participation in, be denied the benefits of, or be otherwise subject to discrimination under any program or activity. The HRTPO Title VI Plan provides this assurance, information about HRTPO responsibilities, and a Discrimination Complaint Form Table of Contents EXISTING LITERATURE ...................................................................................................................................... 4 Information to Guide HRTPO Study .......................................................................................................... 4 Treatments ................................................................................................................................................... 39 Measures ....................................................................................................................................................... 40 Methods and input data used ............................................................................................................... 41 Key Findings .................................................................................................................................................... 43 Employment ................................................................................................................................................ 44 Total value added ...................................................................................................................................... 45 Labor Income .............................................................................................................................................. 46 Output Impact ............................................................................................................................................. 47 Property Value Impact ............................................................................................................................ 48 Health Care Impact ................................................................................................................................... 49 Trail Users Expenditures and Trail Revenue .................................................................................. 50 Virginia Capital Trail Foundation Economic Impact Analysis ................................................. 52 BIKE COMMUTERS- INCOME AND MODE SHARE ................................................................................. 53 Income ............................................................................................................................................................... 53 Mode Share....................................................................................................................................................... 60 Hampton Roads .......................................................................................................................................... 60 Benchmarking- Historic Triangle and Va. Beach vs. Competitors .......................................... 62 PATH LENGTH ..................................................................................................................................................... 67 Hampton Roads .............................................................................................................................................. 67 Benchmarking- Historic Triangle and Va. Beach vs. Competitors .............................................. 71 Connectivity of Trails in Historic Triangle
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