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Alameda Corridor

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Alameda Corridor ALAMEDA CORRIDOR ““AA ProjectProject ofof NationalNational Significance”Significance” TRBTRB SummerSummer ConferenceConference MTSMTS asas aa ComponentComponent ofof thethe Nation’sNation’s TransportationTransportation SystemSystem JuneJune 25,25, 20022002 TopTop U.S.U.S. ContainerContainer PortsPorts (2001)(2001) LOS ANGELES 5.18 LONG BEACH 4.46 New York 3.32 Oakland 1.64 Charleston 1.53 Tacoma 1.32 Seattle 1.31 Hampton Roads 1.30 Savannah 1.07 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 Twenty-Foot Equivalent Units (TEU) (millions) TopTop WorldWorld ContainerContainer PortsPorts (2001)(2001) Hong Kong 17.8 Singapore 15.5 Long Beach/Los Angeles 9.6 Pusan 7.9 3rd in Kaohsiung 7.5 World Shangahi 6.3 Rotterdam 6.1 Hamburg 4.7 Antwerp 4.2 Port Kelang 3.7 0246810121416 Twenty-Foot Equivalent Units (TEU) (millions) Source: Containerization International ProjectedProjected ContainerContainer GrowthGrowth inin SanSan PedroPedro BayBay 35.4 Original Est. Revised Est.* In Million TEU’s 25.5 18.3 13.2 23.4 9.5 17.2 12.3 6.9 9.0 1999 2005 2010 2015 2020 * Unofficial IntermodalIntermodal GoodsGoods MovementMovement ChicagoChicago New New York York Miami Miami AlamedaAlameda CorridorCorridor TransportationTransportation AuthorityAuthority z CaliforniaCalifornia JointJoint PowersPowers AuthorityAuthority z CreatedCreated byby thethe CitiesCities ofof LongLong BeachBeach andand LosLos AngelesAngeles inin 19891989 z GovernedGoverned byby aa Seven-MemberSeven-Member BoardBoard RepresentingRepresenting thethe CitiesCities andand PortsPorts ofof LongLong BeachBeach andand LosLos Angeles,Angeles, andand thethe LosLos AngelesAngeles CountyCounty MetropolitanMetropolitan TransportationTransportation AuthorityAuthority (MTA)(MTA) ProjectProject OverviewOverview ConsolidationConsolidation ofof RailRail TrafficTraffic z Establish One Main Route to Replace Four Lines z Build High-Speed Multi-Track Main Line with Centralized Train Control (60 track miles) z Separate Passenger and Freight Rail at North End z Remove Local Traffic from Main Line Route z Depress Railway Trench from State Route 91 North to Los Angeles (10 miles) z Build At-Grade Railway and Expanded Storage Areas from State Route 91 South to Ports ProjectProject OverviewOverview HighwayHighway ImprovementsImprovements z Eliminate Conflicts at 200 At-Grade Intersections with Surface Streets – North-End Major Arterial Improvements and Grade Separations (Washington, Santa Fe) – Mid-Corridor Grade Separation Bridges (28) – South-End Grade Separations (Del Amo, Sepulveda, Pacific Coast Highway, Anaheim, Henry Ford) z Reconstruct Alameda Street from Interstate 10 to Port Complex (20 miles) z Synchronize Traffic Control Entire Alameda Street z Enhance Signalization and Left Turn Pockets to Improve Traffic Flow on Alameda and Cross Streets ProjectProject SummarySummary z 10 Miles of New Storage Tracks z 65 Miles of New High Speed Track z 20 Miles of New Highways z 42 Highway – Rail Grade Separations z Elimination of 200 At-Grade Highway Crossings ConstructionConstruction StatusStatus OperationalOperational AprilApril 15,15, 20022002 Mid-CorridorMid-Corridor TrenchTrench RedondoRedondo JunctionJunction GradeGrade SeparationSeparation RedondoRedondo JunctionJunction GradeGrade SeparationSeparation AugustAugust 21,21, 20012001 GrandGrand OpeningOpening AprilApril 12,12, 20022002 EconomicEconomic && FinancialFinancial FundamentalsFundamentals SourcesSources ofof FundingFunding (in Millions) Ports Other $130 (5%) $394 (16%) Federal Loan $400 (17%) Revenue Bonds $1,160 (48%) MTA Grants $347 (14%) Total Project Cost: $2.43 Billion Federal Loan and Revenue Bonds must be repaid. ACTA’sACTA’s DebtDebt FederalFederal LoanLoan -- Principal:Principal: $400$400 millionmillion Owe:Owe: $508$508 millionmillion PayPay Off:Off: $1.8$1.8 billionbillion ACTAACTA BondsBonds -- Principal:Principal: $1.16$1.16 billionbillion PaidPaid Interest:Interest: $200$200 millionmillion PayPay Off:Off: $3.2$3.2 billionbillion Pay off in 35 years or less ACTA’sACTA’s VisionVision && GoalsGoals ACTA’sACTA’s VisionVision z ContributeContribute toto economiceconomic vitalityvitality ofof thethe regionregion andand nationnation byby promotingpromoting andand supportingsupporting internationalinternational tradetrade throughthrough efficientefficient goodsgoods movement.movement. ACTA’sACTA’s GoalsGoals z ConstructConstruct 20-mile20-mile railrail expresswayexpressway fromfrom SanSan PedroPedro BayBay PortsPorts toto railrail yardsyards easteast ofof downtowndowntown LosLos AngelesAngeles “On“On TimeTime andand OnOn Budget.”Budget.” z SupportSupport economiceconomic developmentdevelopment initiativesinitiatives affectingaffecting thethe CorridorCorridor projectproject area.area. z SupportSupport transportationtransportation projectsprojects thatthat facilitatefacilitate internationalinternational trade.trade. GainingGaining PublicPublic SupportSupport Partnerships,Partnerships, TheThe KeyKey toto OurOur SuccessSuccess PartnershipsPartnerships -- TheThe KeyKey ToTo OurOur SuccessSuccess City of Los Angeles City of Long Beach Port of Los Angeles Port of Long Beach LA County MTA BNSF Railroad Union Pacific Railroad US Congress US Department Of Labor US Department Of Transportation California Transportation California Legislature Public Utilities Commission Commission California Department of Transportation Regional Water Quality Board Compton Carson South Gate Vernon Huntington Park Lynwood Los Angeles Long Beach County of Los Angeles Engineering and Construction Community CommunityCommunity Programs/PartnershipsPrograms/Partnerships z Job Development and Training Program z Disadvantaged Business Enterprise Program z Construction Relations – Information to Communities z School Safety Program z Public Affairs & Community Business Outreach z Economic Development Program PerformancePerformance ofof AlamedaAlameda CorridorCorridor z Trained 1,220 area residents and created 1,000’s of new jobs z Over 3 million sq. ft. of new warehousing and distribution facility space has been built along Corridor during the last 2 years. z Obtained 23% DBE participation - over 100 DBE companies have participated. PerformancePerformance ofof AlamedaAlameda CorridorCorridor z Reduce train transit time from over 2 hours to 45 minutes. z Increased train reliability – significantly reduced regional train congestion. z Improved quality of life for over 2 million people in Southern California by improving adjoining rail rights of way in the Greater Los Angeles area..
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