Several of the comments on the previous post had some mistaken assumptions or questions, such as whether parking at the Scaleybark station would be built by the city, and whether it would be free.
Tom Flynn, the city of Charlotte’s economic development director, had some answers.
– The parking for transit riders will be free. At this point, says Flynn, both development proposals under consideration would also offer free parking for people using the stores. It’s possible, Flynn says, that the residential portion of the development would have parking restricted to residents only.
– Flynn also verifies that, essentially, the city is paying for the parking at the station. Each development proposal is a complicated financial deal, with developers paying $3 million to the city for land CATS had bought earlier, planning for parking. The developers will pay to build 315 parking spaces. (The Bank of America proposal calls for a deck, worth about $5 million to $6 million, and the Scaleybark Partners’ proposal would be a surface parking lot costing about $1.5 million, which might convert to a deck during a future Phase II development). In each case the city would end up either owning the land under the parking lot, or owning a portion of the parking spaces in the deck.
– How much will monthly transit passes cost? I have a call in to CATS PR woman Jean Leier.
But they’re expected to be the same as monthly bus passes. Current monthly bus passes (unlimited rides) are $48, and express bus passes (unlimited rides) $66. A fare increase has been proposed (a public hearing is set for Feb. 28) under which monthly bus passes would be $52 starting July 1, and express passes $70. One trip (bus or rail or a combination of both) would be $1.30.
– Yes, the Scaleybark Partners’ proposal includes land the developers had purchased previously in hopes of doing a transit-oriented development at the site. In analyzing the deals, the question before council will be whether to spend more now and get a larger, more intense transit-oriented development that is expected to bring in more tax revenue in future years, or spend less public money now for a development that won’t bring in as much money later.
– And who goes to the store at a transit station? Experience in other cities shows that, as usual, “It depends.” The more residents living within walking distance, the better chances for retail that goes beyond coffee shop/newsstand/dry cleaners. Both development proposals include a grocery store and a library branch.
– One final point. Cities such as Atlanta and Miami built transit systems but didn’t, until a few years ago, change their suburban-style land use codes. Much of the development at their transit stops wasn’t conducive to walk-in or bicycle-in business and didn’t encourage high-density residential development nearby. They had a lot of big parking lots right next to the stations, and so missed out on the possiblity for coffee shops, dry cleaners, etc. That means comparing development at Atlanta’s Metro stations of 15 years ago with Charlotte’s plans is kind of apples to oranges.