NorthNorth American American Helping people, places EditionEdition IssueIssue 18 19 and economies thrive FebruaryFebruary 2018 2019 The Review Spotlight Infrastructure Movement Matters Integrated The future of transit Exciting new series modeling and infrastructure of inspirational policy implications investment in events The ReviewCanada The Review Spotlight Market Technology Ovidem videlig Pudignis quodit, Accabor sequiam, Understanding the corporpore eaquodi tem cum landis dite Transit Ecosystem: nitibus dolupta il dolupid molorpos consequiatem ut vel Where to Innovate maximus ciatures eum et ventia dolut illacid ut as magniti enihilicimin es porrum esed est, The Reviewseque diam, quiatus bus daerspe The Review steergroup.com Movement Matters A BURST OF FRESH THINKING To attend any of our Movement Matters events register at: steergroup.com/events 2 Movement Matters is a series of inspirational thought leadership events exploring new ideas about people, places and economies. Drawing on experience from leaders around the globe, these sessions provide a burst of fresh thinking and a great opportunity for industry networking. Read more about our international program of events in the U.S., Canada and U.K. BEYOND ALTERNATIVE CHANGING TRANSPORT DELIVERY TRAVEL MOBILITY MODELS BEHAVIOR Toronto, Canada New York, U.S. Los Angeles, U.S. Spring 2019 Spring 2019 Summer 2019 With soaring housing prices and a rise Industry experts will discuss alternative In Los Angeles, where funding is being in urban population, how can city and models for financing and delivering poured into transportation infrastructure, regional leaders plan for a livable, infrastructure projects. The panel is the moto ‘build it and they will come’ equitable and mobile future? Transport will consider private sector delivery, enough? Opportunities to take advantage investment can act as a catalyst to public involvement, and public-private of best practices such as personalized economic development and the creation partnerships (P3s). The discussion will travel planning (PTP), and innovative of new housing and job centers, however, include strategies on how to best manage transportation demand management it can also require significant funding risks and impacts of change, increase (TDM) techniques are being explored, and timelines for delivery. When planning confidence from design to operations, and but more can be done. New technologies for transport investment, agencies and ensure optimal return on investment. and mobility options such as scooters, regions need to carefully understand the transportation network companies (TNCs), wider case for investment from plan to and ebikes are constantly impacting the platform to ensure projects are developed way we travel. and implemented in a mindful way that How can we harness new technologies, catalyzes regional development. RESEARCH & transportation investment and use This panel will explore the range of views behavioral science to fix the mobility on how transport can be a positive enabler problems of the Los Angeles region? to wider economic benefit, how to measure INNOVATION Join a diverse group of panelists as and justify investment through economic they discuss mobility trends and how to analyses and business cases, and how a capture the greatest return on the region’s transit-centered integrated framework SHOWCASE investment dollars. can enhance city planning. The panel will represent a diverse array of regions, cities London & Leeds, U.K. and transportation systems, each with their Spring 2019 unique challenges and varying approaches to addressing the wider case for transport Our decade-long Research & Innovation investment. (R&I) program provides Steer consultants with funds, dedicated time and resources to develop new products and services, generating new ideas and innovation. The result is a growing portfolio of new analytical insights and products. In this year’s R&I project showcase, we will demonstrate just some of what has been achieved. Six rapid presentations will show recent R&I work, including ‘The implications of a cashless society’ and ‘The future of Urban Mobility’. Join us to find out about the latest Steer explorations and help shape our future research program. 3 Welcome Welcome to the latest edition of The Review. This New faces January we celebrated the 10-year anniversary of our James Daisa first permanent U.S. office. Since then we have grown Associate Director our operations significantly, with more than 80 staff James joins as Practice Leader across six North American offices. Over this period, we for our Los Angeles office. He is a transportation planner have substantially expanded our service offerings and and traffic engineer with over 30 years of experience. James client base. brings expertise in complete streets design and has been at the forefront of innovative Our continued growth in North America has coincided complete street policies and design manuals. He also has with changes in the transportation landscape. These expertise in transit oriented development (TOD), transit changes require new ideas and coordinated, holistic station area planning and efforts to create a sustainable system that will center design, parking studies, environmental impact reports enhance our communities, protect our environment, and (EIRs), downtown revitalization increase efficient and effective use of infrastructure. and urban infill development. Iain Conway In this issue we discuss some of the recent trends, Principal Consultant their potential impacts and innovative ways to Iain joins our Los Angeles office as a transportation address them. Highlights include new tools to perform planner and economist with integrated modeling for public transportation agencies extensive knowledge in modeling, economic appraisal and measure the value of public spaces, research on and development planning. He has delivered modeling changes in transit patronage, the future of transit and economic appraisal for numerous highway, walk and investment in Canada, and transportation pricing bike, BRT, LRT and high-speed tactics and policies. rail projects. David Laurens Vallego We also announce a new series of Steer organized Principal Consultant Movement Matters events, thought leadership seminars David joins our team in Los on various topics. I would personally like to invite Angeles, transferring from our Bogota office. He brings you all to these seminars, and with your active 10 years of experience in multimodal mobility planning, participation, we are sure to have engaging and transportation infrastructure, interesting discussions. transit systems structuring projects, territorial planning studies, design and optimization of major developments and the estimation of transportation demand. Masroor Hasan Eli Scheker Head of U.S. Advisory Principal Consultant Eli joins our New York office, bringing extensive experience applying statistical techniques to the evaluation of investment decisions and developing customized analyses for project financing purposes. He brings a unique background in public A Steer publication policy, infrastructure advisory Published by Steer Davies & Gleave, Inc. (U.S.) and and investment management. Steer Davies Gleave North America Inc (Canada) doing business as Steer. Email: [email protected] Website: steergroup.com 4 Company updates The Steer R&I Program continues At Steer, we actively invest in developing new ideas and ways of working through Carmen Correa Lafuente our Research and Innovation (R&I) Associate Program. We encourage our staff to Carmen re-joins Steer as part think creatively about their work and of the California High Speed how we can help our clients maximize Rail (HSR) project team in opportunities. Recent significant Sacramento. She will utilize her project management skills and successes for our R&I Program include: financial experience to help widely reported research about the support the advancement of effect of autonomous vehicles (AVs) on the program. Carmen originally urban design, software for recording the joined Steer's Puerto Rico office in 1998, as the first local hire. movement of pedestrians through spaces There she led the office and such as stations, and research on the managed a varied portfolio of value of train numbers on tickets and transportation projects. timetables. Our R&I Club meets every two weeks, Pietro Bucci allowing anyone to bring ideas, problems Principal Consultant Sharon Daly becomes COO and solutions for debate. To mark our We are delighted to announce the 100th R&I Club meeting we produced a Pietro joins our aviation team, appointment of Sharon Daly as Chief booklet describing 32 of our favorite R&I bringing a background in Operating Officer (COO). Sharon has transportation economics and projects carried out since the Club began. research. He has worked across worked at Steer for 18 years, starting in You can download your copy here: various aviation projects on sell, a junior role and working her way up to steergroup.com/about/research- buy-side and lenders' advisor in becoming an Associate and then Division innovation. Europe and emerging markets. Head for U.K. Planning. In 2016, she was Pietro has also worked on traffic One of the ways we encourage forecasts, commercial revenues promoted to U.K. Managing Director and innovative thinking is by holding and operating expenditures, and now she looks forward to her new role as Hackdays, where teams use their skills the development of benchmarks COO. After six years at the Department