Transportation and Infrastructure

The Impacts of SEPTA Regional Rail Service on Suburban House Prices

October 2, 2013 / Comments Off on The Impacts of SEPTA Regional Rail Service on Suburban House Prices

Econsult Solutions, Inc. (ESI) used data on single-family house transactions over the 2005 to 2012 period in Bucks, Chester, Delaware and Montgomery counties to estimate the property value premium that results from being located close to a Regional Rail station. Using a hedonic regression model, we found that proximity, service frequency and commuter parking all contribute […]

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AMTRAK Chicago Union Station Redevelopment

August 6, 2013 / Comments Off on AMTRAK Chicago Union Station Redevelopment

FEASIBILITY EVALUATION Econsult Solutions, Inc. (“ESI”) was retained by Amtrak to conduct an analysis of the proposed development to the existing Chicago Union Station Headhouse. Chicago Union Station Headhouse (hereafter referred to as “CUS” or “the Headhouse”) is located in the West Loop submarket of Chicago’s Central Business District. Chicago Union Station Development Corporation (“CUSDC”), […]

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Alta + Greenways Ecusta Rail-to-Trail Economic Impact Analysis

May 22, 2013 / Comments Off on Alta + Greenways Ecusta Rail-to-Trail Economic Impact Analysis

Econsult Solutions was retained by Alta + Greenways to assess the estimated benefits of the proposed Ecusta Rail-to-Trail, a multi-use trail that will take the place of the currently inactive Norfolk Southern rail corridor. This 20.3‐mile rail line runs from the City of Hendersonville to the City of Brevard in the state of North Carolina.

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The Statewide Economic Value of SEPTA

April 23, 2013 / Comments Off on The Statewide Economic Value of SEPTA

Despite achieving its highest ridership levels in 23 years, SEPTA is confronted with a serious funding shortfall, especially for capital funding required to maintain and improve the system. In 2013, SEPTA hired Econsult Solutions, Inc. (ESI) and Economy League to reexamine SEPTA’s role in the Commonwealth’s economy and analyze the value of expanded Commonwealth investment […]

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Bus

Understanding SEPTA’s Statewide Economic Value

April 10, 2013 / Comments Off on Understanding SEPTA’s Statewide Economic Value

In 2007, the Economy League of Greater Philadelphia (Economy League) and Econsult teamed to evaluate the consequences on Southeastern Pennsylvania and the Commonwealth of underfunding SEPTA. Funding solutions were identified and acted upon, but circumstances have changed and once again in 2013, despite achieving its highest ridership levels in 23 years, SEPTA is confronted with […]

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The Economic Impacts Of The FAA Sequestration

January 1, 2012 / Comments Off on The Economic Impacts Of The FAA Sequestration

As a consequence of the Joint Select Committee on Deficit Reduction’s failure last year to come up with a deficit reduction plan in accordance with the Budget Control Act of 2011, sequestration of the federal budget was scheduled to begin with the FY 2013 budget and continue for eight years after that. Approximately one half […]

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