The Golden Age of Transit in Lower Manhattan

The Golden Age of Transit in Lower Manhattan

ALLIANCE FOR DOWNTOWN NEW YORK THE GOLDEN AGE OF TRANSIT IN LOWER MANHATTAN One hundred and ten years ago, the first underground line of the New York City Subway opened on October 27, 1904. In 1910, the great lost public temple of Pennsylvania Station was erected. In 1913, Grand Central Station took its iconic place in New Yorkers’ lives and imaginations. Writing for the New York Times in 2012, Michael Kimmelman noted: “to pass through Grand Central Terminal, one of New York’s exalted public spaces, is an ennobling experience, a gift.” The opening of the Fulton Center heralds another great development in our transportation history. This new station will soon become a significant hub in its own right. It will radically reinvent and uplift the commuting experience for more than 300,000 daily transit riders in Lower Manhattan. The station house, with a soaring light-filled interior and 66,000 square feet of retail and office space, reaches down into the Manhattan schist and rationalizes the intersection of the 4/5, 2/3, A/C, J/Z and R lines. This hub is solving problems left over from a century ago when the IRT, BMT, and IND companies competed and didn’t connect. Fulton Center serves as a marquee among the $6.4 billion of post-9/11 investments in enhanced transit and transportation infrastructure in Lower Manhattan. The coming months will usher in a new golden age of transit in New York, one concentrated in Lower Manhattan. The scope of the investment---- and the dramatic transformation it has made for those who take the subway, PATH, ferry, bus or Citi Bike to the one square mile below Chambers Street in Lower Manhattan----is of a scale not seen in New York since those halcyon days of public transit investment in the early 20th century. Just a block away from Fulton Center, and connected by a new underground walkway, the Santiago Calatrava- designed World Trade Center Transportation Hub will be making a game-changing statement as well in late 2015. The dramatic winged complex will connect the interstate PATH train and 9 NYC subway lines. Surrounding the hub will be 350,000 square feet of magnetic retail and dining experiences. Additionally, the WTC station will be linked with Battery Park City’s Brookfield Place to the west by an underground concourse, which opened a year ago. This will, for the first time, make for a seamless East West connection across most of Lower Manhattan. These two projects are the most visible investments remaking the transportation landscape of Lower Manhattan. They do come with a steep price tag, but their benefits are real and will be measured over generations. Investments in public transportation on this scale confer lasting dignity and elevate the daily commuting experience of millions and, just as importantly, they provide lifeblood for the economy of the area, city and the region. 1 ALLIANCE FOR DOWNTOWN NEW YORK $ 6.4 BILLION IN TRANSIT INVESTMENTS READE ST REET WASHINGTON MARKET GREENWICH STREET CH C I V I C PARK C E N T E R Projects since 2005 Cost Completion Pedestrian Bridge LRAEP TEERTS CH AMB ERS S T REET URCH STREE WEST BROADWAY ROCKEFELLER P A R K R O W PARK WARREN S T REET NORT RIVER Staten Island Ferry H E T R I B E C A MADISON STREET N $130 M 2005 T D AVENU CITY BROOKLYN BRIDGE Terminal FRANKFORT STREET MURRAY HALL TERRACE WASHINGTON PARK P A R K R O W E W T C PARK PLACE New MTA SPRUCE STREET DOVER STREET MURRA Y ST REET ESPLANADE West Street Transportation Station BARCLAY STREET Dey Street Fulton BEEKMAN STREET Concourse Hub World Financial Center Entrance P E C K S L I P $69.1 M 2008 Concourse Center Ferry Terminal PEARL STREET World Financial V ESEY ST REET A N N S T R E E T W A T E R 2 W T C Center 1 W T C FULT ON FRONT STREET FULTON BEEKMAN Ferry Terminal H TRANSPORTATION GOLD STREET H U B D E Y DUTC South Ferry WEST STREET M U S E U M J O H N S T R E E T BROOKFIELD 3 W T C CLIFF * $530 M 2009 P L A C E S O U T H S T R E E T Pier 17 Subway Station C O R T L A N D T MAILLIW S E A P O R T Y MAIDEN LANE 4 W T C PLATT STREET N O R T H WA C O V E PEARL STREET JOHN STREET LIB ERTY ST REET TRINITY PLACE AD WASHINGTON STREET GREENWICH STREET Pier 15 Pedestrian Bridge New MTA M15/Select FLETCHER STREET C E D A R CEDA R ST REET BRO M15/Select Bus Service $17.5 M 2010 MAIDEN LANE S O U T H E N D Station C E DBus A R S T R E E T Service THA MES West Street U ASSAN B AT T E R Y ALBAN Y ST REET Entrance P I N E S T R E E T PA R K P I N E Pier 11 C I TBike Y Lane CARLISLE ST REET AVENU Ferry Terminal ALBANY STREET W A L L S T R E E T E Improvements ESPLANADE Pier 11 Ferry Pedestrian Bridge $3 M 2011 RECTOR STREET HANOVER FRON T STREET Terminal WATER STREET WEST STREET EXCHANGE WILLIAM RECTOR PLACE SOUTH STREET Y GOUVERNEUR Route 9A BROAD STREET F D R D R I V E N E W S T R E E T W EST TH AMES ST REET WA East River West Steet Pier 11 B O L D S L I P ATT AD Esplanade ERY PLAC O L D S L I P THIRD PLACE STONE MORRIS Bike Path BRO H U D S O N COENTIES SLIPPEARL STREET S O U T H SOUTH WILLIAM Fulton Center $1.4 B 2014 GREENWICH BEAVER STREET R I V E R C O V E E SECOND PLACE WASHINGTON MARKETFIELD WHITEHALL STONE VIETNAM FIRST PLACE VETERANS STATE STREET MEMORI AL BRIDGE PLAZA E A S T PEARL R I V E R World Trade Center ROBERT F. ESPLANADE $3.94 B 2015 WAGNER, JR. BATTERY PLACE Transportation Hub PARK Staten Island PARK Ferry Terminal Pier A STATE BATTERY Citi Bike Station PARK Governors Island Route 9A Ferry $285 M 2016 Bike Path Improvements Staten Island Ferry G O V E R N O R S I S L A N D E L L I S I S L A N D South Ferry S T A T U E Subway Total $6.4 Billion O F L I B E R T Y Station *Opened in 2009, the MTA invested $530 million to lengthen tracks and improve capacity. The station is closed currently while the MTA rebuilds the station due to the effects of Hurricane Sandy and to improve future storm resiliency. 2 ALLIANCE FOR DOWNTOWN NEW YORK Lower Manhattan’s Rich Transit Selection of Lower Manhattan Transit Improvements Since 2005 Infrastructure LOWER MANHATTAN’S TRANSIT NETWORK SERVES 127 MILLION Annual Riders 12 30 6 Subway Lines Bus Routes & Ferry Stops 1 SBS Route & 20 Routes* 2 7 28 PATH routes Downtown CitiBike to NJ Connection Stations Buses *Includes seasonal ferry routes 3 ALLIANCE FOR DOWNTOWN NEW YORK ACCOMODATING A HUGE AND GROWING LABOR FORCE WITH A ONE-SEAT RIDE Area with One-Seat Ride to These transportation Lower Manhattan The importance of these transit investments is enhancements directly benefit a clear, especially in light of the more than 3.6 million potential workers who can reach Lower Manhattan via growing labor force of more than a one-seat ride. These investments also serve an area that has seen robust growth in the labor force. Between 2006 and 2013, the period roughly concurrent with the 3.6 Million construction of the Fulton Center, the labor force with potential workers directly direct transit access to Lower Manhattan grew by 314,000, or 9.5%. That’s nearly 2.5 times the growth connected to Lower Manhattan rate elsewhere in the New York City Metro Region. by a one-seat ride That represents 50% of the labor force’s growth in the NYC Metro Region. (See table on page 5) Currently, there are 350,000 daily riders and 127 million annual riders coming from fast-growing w York information worker-saturated neighborhoods like Ne Newport/Grove Street in Jersey City, Greenpoint/ New York Williamsburg and Dumbo/Boerum Hill/Brooklyn Heights. The labor force in each of these neighborhoods grew by more than 20% since 2006. ecticu Conn t This network also connects job seekers in areas like Brownsville, Bushwick and Bedford-Stuyvesant in Brooklyn and Fordham and Parkchester in the Bronx ew Jersey directly to Lower Manhattan. Lower Manhattan is a N ong Island growing, major employment center for jobs across L all industries and functions, including the office, residential, retail and hospitality sectors. 30 County NYC Metro Region 4 ALLIANCE FOR DOWNTOWN NEW YORK Percent Absolute 2006 2013 Growth Growth Geography Labor Force Labor Force (2006- (2006- 2013) 2013) One-Seat 3.3 Million 3.6 Million 9.5% 314,000 Ride Area NYC Metro Region excluding 8.0 Million 8.4 Million 3.8% 310,000 One-Seat Ride Area Total NYC 11.4 Million 12.0 Million 5.5% 624,000 Metro Region N Y T 50% A C H E E M R R A E T E E Neighborhoods with More than 20% Labor Force Growth, 2006-2013 R S T ID O O R R F T EG EA Williamsburg/Greenpoint Newport/Grove Street - Jersey City Boerum Hill/Brooklyn Heights ION ONE-S of the New York City Metro Region’s Labor Force Growth Pier 11 - 10 Min WTC- 8 Min Fulton Center - 6 Min Source of Labor Force data: 2006 and 2013 American Community Survey 1-year Estimates.

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