St. Louis, one of the four cities in the running with the QC for the probably-not-very-exciting 2012 Democratic National Convention, was also a recipient of one of those $25 million federal grants for a streetcar project. In “St. Louis’ Loop District Gets Endorsement from Feds with Grant for Streetcar,” Yonah Freemark at thetransportpolitic.com gives more details about the project – the only one of nine cities whose streetcar projects got federal money this year that plans a project outside of its downtown.
Some interesting tidbits: St. Louis plans its project to use both overhead wires (like Charlotte) and battery power, which will let it run through some segments of the route without the wires. “This could make St. Louis the first city in the U.S. to experiment with this sort of alternative propulsion for rail vehicles,” Freemark writes. Indeed, in talks about Charlotte’s streetcar and the problem of how to deal with The Square (at Trade and Tryon in the heart of downtown) if the project’s next phase is built, the idea of batteries has come up. Looks as if St. Louis will be the guinea pig on this technology.
Also interesting is the way it’s being funded: In addition to the feds’ $25 million grant, the project will get $6 million from the local Council of Government/MPO (Imagine this: In many, many metro regions the “regional planning” body and the “regional transportation planning” body are the same – duh!). Private money, estimated at $5 million to $8million, is expected from donors McCormack Baron Salazar, a national urban development firm with headquarters in St. Louis, which committed $2 million in tax credit equity, and the St. Louis Development Corp., which has pledged $3 million.
And, writes Freemark, “Operations will be covered by a transportation tax residents in the surrounding area approved by 97%. This strong show of local support, both financial and political, is likely one of the reasons St. Louis won the grant from the U.S. DOT over so many competitors.” That tax is in the form of a 1-cent sales tax in a transportation development district.
Charlotte folks should be paying attention to several lessons here: Look to multiple revenue sources such as special districts and getting the private sector which will reap some benefits to pay in. But this part needs to be in neon, with flashing red arrows pointing to it: Combine the region’s splintered MPOs (Metropolitan Planning Organizations for those of you not deeply into transportation policy) and the region’s COG, so there’s one regional planning agency doing the planning for the region.