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Old 08-04-2016, 07:36 AM
 
Location: Cincinnati (P Ridge)
573 posts, read 440,714 times
Reputation: 460

Advertisements

http://www.bizjournals.com/cincinnat...er-budget.html

"After years of criticism and predictions of financial disaster, the city of Cincinnati and its streetcar managers have largely completed the $148 million project, and the city will have spent $2.5 million less than anticipated when the budget was approved in 2013, according to a memo signed by City Manager Harry Black."

Nearly all the advertising has been sold too!

Streetcar is set to open in about a month on Friday 9/9/16!
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Old 08-04-2016, 07:51 AM
 
236 posts, read 215,242 times
Reputation: 244
The heads of the suburban "libertarian" moocher's have to be exploding right now.
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Old 08-04-2016, 08:02 AM
 
5,652 posts, read 8,758,092 times
Reputation: 2357
It may be on budget right now but let's hope that the required 3,000 minimum daily ridership is met. Otherwise it won't be breaking even. Right now the KC Street Car is averaging almost 3,000 riders daily after just two months of operation. But... And a big But here. Riding the car is FREE. Somehow the entire operation is being subsidized by the city and taxpayers and riding the Streetcar is free right now. Not sure if that is temporary or permanent since I've not read enough about what future plans may be for funding.

I don't think too many people want to see this fail in Cincy. The fact is it was built and is now about to start running. Only a fool would want to see it fail. I just don't know how the Cincinnati Streetcar can average 3,000 riders a day.
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Old 08-04-2016, 08:50 AM
 
Location: Cincinnati(Silverton)
1,576 posts, read 2,304,110 times
Reputation: 651
Every form of transportation is subsidized. Museums are subsidized and will draw far less than this streetcar.
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Old 08-04-2016, 09:21 AM
 
Location: West Palm Beach
620 posts, read 991,998 times
Reputation: 447
Excellent news, especially when acknowledging all of the obstruction that took place. Now, let's get on the ball and try to get this thing to Uptown and grow a regional mass transit network. With all of the schools/universities in the Ohio/Miami valley, we should try and connect Lexington all the way up to Dayton with an alternative mode of transportation.

1.) Contemplate on who will be your potential customers
2.) Know your region, and discover what purpose each part of that region should serve
3.) Connect the dots.

Congrats Cincinnati!!! Can't wait to ride this thing down to Oktoberfest.
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Old 08-05-2016, 12:48 PM
 
Location: Cincinnati (Norwood)
3,383 posts, read 3,699,603 times
Reputation: 1746
Unless I missed something, as yet the Cincinnati Enquirer hasn't published one thing about this good news. But, then again, they can be credited for staying true to form...ie, same as it ever was.
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Old 08-06-2016, 08:48 AM
 
4,237 posts, read 3,291,697 times
Reputation: 1837
Quote:
Originally Posted by WILWRadio View Post
It may be on budget right now but let's hope that the required 3,000 minimum daily ridership is met. Otherwise it won't be breaking even. Right now the KC Street Car is averaging almost 3,000 riders daily after just two months of operation. But... And a big But here. Riding the car is FREE. Somehow the entire operation is being subsidized by the city and taxpayers and riding the Streetcar is free right now. Not sure if that is temporary or permanent since I've not read enough about future plans may be for funding.

I don't think too many people want to see this fail in Cincy. The fact is it was built and is now about to start running. Only a fool would want to see it fail. I just don't know how the Cincinnati Streetcar can average 3,000 riders a day.
The streetcar is not about earning fares as much as it is a development tool for the areas it serves. Not sure if Cinci is going to have a ''free ride'' period but after that it's a $1.00 a ride, so obviously this thing is not geared for revenue. The city is expecting the spin-off development to offset the cost and maintenance of the line. It's a development tool.

One thing to consider on these streetcar lines is the fact that they have to be free at all. KC and DC opened streetcar lines this year with ''free ride'' periods to build demand. One has to wonder why they have to create demand after the lines were built. Building transit lines is usually premised on demand, now it's the other way around.

So if the Cinci streetcar trains are empty after hours etc., remember this line is not being built for anything else but spin-off development and is not based on built-in demand.

Last edited by Kamms; 08-06-2016 at 09:25 AM..
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Old 08-06-2016, 09:14 AM
 
Location: New Albany, Indiana (Greater Louisville)
9,589 posts, read 20,475,294 times
Reputation: 9079
From an outsider's perspective it seems the main purpose of the street car with it's initial route is to further gentrify Over The Rhine. If it were about ridership it should have went by UC, the hospitals, and XU.
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Old 08-06-2016, 09:28 AM
 
4,237 posts, read 3,291,697 times
Reputation: 1837
Quote:
Originally Posted by censusdata View Post
From an outsider's perspective it seems the main purpose of the street car with it's initial route is to further gentrify Over The Rhine. If it were about ridership it should have went by UC, the hospitals, and XU.
That's pretty much it. Further gentrifying an area that is gentrifying on its own anyway. If this were about transit and servicing demand, the streetcar would be much more extensive, into the suburbs; however, at that length, light-rail would be needed.
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Old 08-06-2016, 10:17 AM
 
5,652 posts, read 8,758,092 times
Reputation: 2357
Quote:
Originally Posted by Kamms View Post
That's pretty much it. Further gentrifying an area that is gentrifying on its own anyway. If this were about transit and servicing demand, the streetcar would be much more extensive, into the suburbs; however, at that length, light-rail would be needed.
Agree with your points here and above. I've believed this since shortly after they first announced this project.

Light rail is a far better option for a real regional rail service vs. Slight rail. Slight rail is an expensive toy. Hopefully this "loss leader" will result in increased property taxes to justify its existence.
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