Mayor Mallory and City Manager Dohoney Unveil Phased Construction Plan for the Streetcar

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First Phase Shorter, Long-term Vision the Same: Riverfront to the Zoo

Today, Mayor Mark Mallory and City Manager Milton Dohoney, Jr. announced a revised construction plan for the Cincinnati Streetcar project that will use the $99 million in funding that has already been identified and secured.  Under the adjusted plan, the City will move forward with a $95 million, four-mile, first segment of the Streetcar line from Fountain Square to Findlay Market.

“The vision for the project remains the same.  We are going to build a Streetcar that connects Downtown to Uptown and then we are going to build out into the neighborhoods,” Mayor Mark Mallory said.  “We are going to get started with the funding that we have in hand.  We must move forward in order to attract jobs and residents to our region.”

The Mayor and Manager explained that it would cost $9 million to extend the Streetcar line from Fountain Square to The Banks.  They are continuing to explore additional funding options in order to get to The Banks during construction of the first segment.

Even as the City begins building the first segment of the Streetcar system, planning will begin on the second segment, which will go up Vine Street and around the Uptown, university and hospital area.  The City will continue to pursue additional funding for the second segment.  In the future, additional connections into more neighborhoods are envisioned as part of a city-wide system.

“We know that 80 other cities across the country are in the planning stages of a streetcar system.  We know that we are losing young professionals to cities that have urban amenities.  We know that Cincinnati has more than 500 vacant buildings in Over-the-Rhine and as well as 92 acres of land devoted to parking.  When you look at the big picture, we have need and capacity for growth,” City Manager Milton Dohoney, Jr. said.

The streetcar will run 18 hours a day, 365 days a year.  SORTA will be the operator, and the line will have five cars.  The first segment is expected to create more than 300 construction jobs and 25 permanent jobs needed for ongoing operations.

The Mayor and City Manager explained how the estimated $2.5 million annual operating cost for the first segment would be funded, emphasizing that no General Fund operating dollars would be used.  In fact, the operations plan identifies far more that the needed $2.5 million in order to build an operations reserve that will further protect the General Fund.  This will ensure that the Streetcar never competes for funding with essential services such as police and fire protection or trash pick-up.  The funding sources include.

•           Casino revenue – $3 million

•           Parking Meter revenue $400,000

•           Fare Box  – $465,000 – $675,000

•           Naming rights, Sponsored stops – $200,000

The next steps in the project include, finalizing the final engineering design of the project, completing the federal environmental process, working with utility companies on relocation issues, selecting the Streetcar vehicle.  The City is now exploring the possibility of using a battery-powered hybrid Streetcar that could lower the total cost of the project.

For more information, click here.

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6 thoughts on “Mayor Mallory and City Manager Dohoney Unveil Phased Construction Plan for the Streetcar

    5chw4r7z said:
    May 3, 2011 at 10:53 am

    One thing I want to know ~ when do we start!!

    UCAaron said:
    May 3, 2011 at 11:31 am

    Lets DO THIS! Only thing I don’t like about the project is that I will have graduated by the time its complete, which means I won’t benefit as much…

    adam. said:
    May 3, 2011 at 11:50 am

    hey UCAaron, STICK AROUND!!!

    Zack said:
    May 3, 2011 at 1:21 pm

    Bit concerned about the naming rights / sponsored stops. NYC has been trying that for years with no success.

    krs said:
    May 5, 2011 at 2:20 am

    i wish we could get the reds/bengals to kick in some jack for the cost of just the extension to the banks. and by the reds/bengals i mean just the reds because that’s the only one of the two that we’d have a shot at getting money from.

    john swartz said:
    May 12, 2011 at 3:04 pm

    the city has been talking about budget short falls for years, last year 50 million but in typical fashion they continue to spend, 99 million to run a streetcar thru the over-the- rhine is nuts. what are you going to call the watch shooting and killing special.the cassino is now or hold fighting with the state over taxes, if the fares don”t meet expectations, where is the upkeep going to come from to cover another budget short fall,

    TAXPAYERS BOTH REAL ESTATE AND CITY INCOME TAX

    NO WONDER PEOPLE ARE LEAVING CINCINNATI.

    JLS

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