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RSS FeedsKing St. pilot project saves riders $11.5 million in time per year: Ryerson study
(The Star Movies)

 
 

22 september 2018 03:44:26

 
King St. pilot project saves riders $11.5 million in time per year: Ryerson study
(The Star Movies)
 


The King St. pilot project is saving downtown Toronto commuters approximately $11.5 million a year in terms of time, a new study has concluded, with the authors recommending Toronto city council make the project permanent.Ryerson University’s City Building Institute (CBI) released a report Thursday saying that according to their calculations the project saves $10.9 million in time for existing streetcar users and $0.6 million for new users.“That works out to about 50 cents per trip,” said Graham Haines, CBI research manager.He said the study used data from the City of Toronto and analyzed time savings using Metrolinx’s standard measurement of $17.36 for each hour of in-vehicle travel time, noting they used the Metrolinx number as the agency “developed a standard methodology for how they evaluate the cost and benefits of transit projects.”The pilot project, launched in November 2017, prioritizes streetcars on King St. between Bathurst and Jarvis Sts. It is scheduled to be completed before the end of the year, and a report from city staff is expected in February 2019.In Ryerson’s analysis, the institute took data from official city reports that found all-day weekday ridership increased from 72,000 pre-pilot to 80,000 in June, and that the pilot generally reduced travel and wait times for streetcar riders.Using city data, the CBI assumed that commuters saved 0.68 minutes per trip on average during peak periods, a minute for other periods, a wait time reduction of 0.25 minutes and that 40 per cent of daily traffic took place during rush hours.“When we took assumptions, we want it to be conservative to make sure we weren’t trying to overestimate the benefits of the project and rather give a conservative take on what they might look like,” Haines said.However, the report said there is a lack of data in some areas, such as where specifically passengers get on and off, how ridership varies throughout the day, o ...


 
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