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Benefits Framework <br /> The most important framing issue is that the entire investment will provide benefits to both <br /> Durham and Orange County residents and enterprises including businesses and universities. <br /> Assigning benefits to particular places will always involve simplifications, and will depend at <br /> least in part on assumptions that are used. This document is designed to provide a common <br /> foundation of objective information, while acknowledging simplifications and making <br /> assumptions transparent, so that changes or alternatives can be considered and all parties to <br /> the discussions have access to the same information. It is also important to view forecasts of <br /> ridership, property value impacts and other modeling-dependent measures as approximations. <br /> Benefits <br /> A wide range of benefits could result from an LRT investment,only some of which are <br /> quantifiable and only some of which can be reasonably attributed to residents and enterprises <br /> based on their location. A full range of potential benefits is listed at the end of this document. <br /> This document focuses on three specific benefits: Ridership on the light rail system, r�operty <br /> value (and tax) benefits from the investment and congestion relief or delayed need for road <br /> investments based on the investment. <br /> Ridership on the LRT _ -r <br /> 100% <br /> Each trip has 2 trip 90% Figure 2. Trip • <br /> ends: the place 80% ends by location <br /> (traffic analysis zone, 70% <br /> or TAZ) where the 60% <br /> trip begins and the <br /> 50% u=-�Other Counties <br /> place (TAZ)where the <br /> 40% ■Durham County <br /> trip ends. To better 30% ■Orange County <br /> 20% <br /> understand who uses 10% — <br /> different segments of 0% <br /> the investment, the Gateway- Leigh Village- Leigh Village— <br /> accompanying chart Patterson Place Gateway Hillmont <br /> and table show the <br /> distribution of trip ends (either beginning or end)for the following rail segments in the vicinity of <br /> the Durham County-Orange County line. <br /> Table 3. Trip Ends by Light Rail System Segment Gateway- Leigh Village- Leigh Village— <br /> (each trip has 2 trip-ends) Patterson Place Gateway Hillmont <br /> UNC-CH zones 1,110 (9%) 1,120 (12%) 2,040 (20%) <br /> Other Orange County zones 3,390 (28%) 2,480 (26%) 2,610 (26%) <br /> Duke University zones 1,625 (13%) 1,095 (11%) 890 (9%) <br /> Other Durham County zones 5,300 (44%) 4,170 (43%) 3,495 (34%) <br /> Zones outside of Durham and Orange Counties 645 (5%) 755 (8%) 1,135 (11%) <br /> Total trip ends (trips=%2 this number): 12,070 9,620 10,170 <br /> Page 14 <br />