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NC 54 j I-40 CORRIDOR STUDY <br /> EXECUTIVE SUMMARY <br /> TRANSPORTATION-LAND USE MASTER PLAN <br /> Table ES-2: List of Transportation Recommendations <br /> Description Location Jurisdiction Phase O&M Capital <br /> Coordinate with retailers to Retail Center at Durham Short Term $565,0002 n/a <br /> designate 50 shared park-and- NC 751/NC 54 (2012-2020) <br /> ride spaces. Enhance TTA 805 Intersection' <br /> service through Woodcraft. <br /> Construct surface lot with 500 Gateway Center Chapel Hill Short Term 5565,0002 $3,555,000 3.4 <br /> spaces. Implement a new CHT Future Light Rail (2012-2020) <br /> express route(or modify CHT Station <br /> Routes D and DX to serve facility. <br /> Extend Danziger Drive over 1-40 <br /> for additional access. <br /> Coordinate with retailers to Patterson Place Durham Short Term $565,0002 n/a <br /> designate 300 shared park-and- (2012-2020) <br /> ride spaces. Extend existing CHT <br /> DX route to serve facility. <br /> Coordinate with retailers to Retail Center at Durham Short Term n/a n/a <br /> designate 100 park-and-ride Governors Village (2012-2020) <br /> spaces for carpool and vonpool. <br /> Coordinate with retailers to Oak Creek Village Durham Mid Term $565,0002 n/a <br /> designate 160 park-and-ride (2020-2025) <br /> spaces. Add a stop along TTA <br /> Route 405 to serve facility. <br /> Coordinate with retailer to Renaissance Durham Mid Term $565,0002 n/a <br /> replace or expand existing Parkway Target (2020-2025) <br /> facilities in Southpoint Mall. Store <br /> Modify TTA and DATA routes as <br /> necessary. <br /> Construct small facility with up to Leigh Village Durham Long Term $565,0002 $10,000,0005 <br /> 500 spaces after construction of Future Light Rail (2025-2035) <br /> 1-40 interchange improvements. Station <br /> Provide express bus service if <br /> constructed before light rail. <br /> Convert surface lot into structured Gateway Center Chapel Hill Long Term n/a $20,000,0005 <br /> facility with 1,000 spaces. Future Light Rail (2025-2035) <br /> Station <br /> Construct structured parking Patterson Place Durham Long Term n/a $20,000,0005 <br /> facility with 1,000 spaces to (2025-2035) <br /> service light rail station. <br /> Implement CHT express route Retail Center at Durham Long Term $565,0002 n/a <br /> Governors Village (2025-2035) <br /> 1 The pursuit of several locations for a park-and-ride facility along NC 751 is recommended,including Southpoint Auto Park Boulevard and the Renaissance <br /> Parkway Target Store. The retail center at the NC 751/NC 54 intersection represents an ideal location,but all three locations should be pursued. <br /> 2 Operating costs based on additional total annual hours multiplied by$86,with 15 minute frequency during peak hours and 30 minute frequency during <br /> off-peak hours <br /> 3 Assumes$5,000 per space,the average surface parking construction cost from the National Parking Association's 2009 study Parking in America:Annual <br /> Review of Parking Rates in the United States and Canada <br /> 4 Includes cost of two new buses based on a 5050 split of$400,000 non-hybrid buses and$655,000 hybrid buses for an average of$527,500 per bus <br /> 5 Includes cost of multi-level parking structure at$20,000 per space. <br /> DECEMBER 201 1 E-8 <br />