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Welcome to Portland Streetcar
Streetcar service returns to the eastside beginning Monday, August 17, 2015
After a seven week closure of the Streetcar’s Central Loop (CL), service will return to the eastside beginning Monday, August 17, 2015. Streetcar service was interrupted to accommodate Multnomah County’s Broadway Bridge painting project which began on June 26, 2015 and is expected to continue for several months. The closure allowed the County’s contractor to erect scaffolding which will allow the streetcar to operate while the bridge is painted.
Eastside streetcar service will run to SE Mill Street and MLK Blvd. only, with buses shuttling riders to the OMSI station and back to SE MIll and Grand Avenue through August 29th. Crews are currently repairing the platforms and track at OMSI before streetcars begin operating on the Tilikum Crossing beginning August 30th. September 12th marks the opening of Tilikum Crossing: Bridge of the People to the public and the introduction of the A and B Loop Streetcars. To learn more about service changes, click here.
Thank you for your patience during this service interruption.
New Data Shows Streetcar Provides Boost for Economic Development in Portland
Analysis points to residential growth and over $4.5 billion in real estate development along the Streetcar Corridor
Portland Streetcar, Inc. released new economic development data Thursday, providing insight into the Streetcar’s influence on real estate investment, housing development, and population changes in the Central City. The data analysis was conducted by ECONorthwest and evaluates economic development outcomes since construction began on the first Streetcar line in 1998.
Infographic summarizing economic development data
A positive factor in Central City Development
Since 1998, the Streetcar Corridor (defined as ¼ mile on either side of the tracks) has seen 22.9 million total square feet of real estate development, including 7.7 million square feet of commercial space and nearly 18,000 residential units. The total market value of all that new development (both commercial and residential) is estimated at $4.5 billion. The market value of all property in the corridor (both new and existing has increased by $11.63 billion since 1998.
“While there are plenty of factors that influence investment decisions, we’ve seen that the Streetcar has had a positive impact on economic development in the Central City,” said Dan Bower, executive director of the non-profit Portland Streetcar, Inc. “By providing affordable, accessible, and reliable service, the Streetcar is a key part of what makes Portland such a livable city.”
In their analysis, ECONorthwest found that of the 7.7 million square feet of commercial real estate that has been developed in the Streetcar Corridor since 1998, 35 percent is attributable to proximity to the Streetcar. On the residential side, 41 percent of the approximately 18,000 units that have been built are due to the presence of the Streetcar. In addition, 25 percent of all apartments that have been built in the corridor during that period are subsidized affordable housing units.
For a full copy of EcoNW's report and methodologies, click here.
TABLE: New residential units built along the Streetcar Corridor since 1998
In 2015, the Streetcar continues to be a positive factor in spurring development and investment in the Central City with construction cranes lining either side of the corridor. There are currently nearly 3,500 residential units and over 600,000 square feet of commercial space under construction along the Streetcar Corridor and another 44 residential projects and 18 commercial projects proposed for development. A map of new development projects that are proposed or already under construction is available here.
Growing population while reducing dependence on automobiles
Over time, the residential population living near the Streetcar has grown and those residents have become less reliant on cars for daily transportation. Since 1998, population in the Streetcar Corridor has increased 34.9 percent, while the population of City of Portland as a whole increased 12.4 percent. According to data from 2013, 38.6 percent of households in the Streetcar Corridor do not own a vehicle, compared to 15 percent of households in City of Portland.
Along with system expansion and improvements, the rise in development along the Streetcar Corridor has contributed to increased streetcar ridership. Daily streetcar ridership has increased from about 4,000 users per day in 2001 to the 15,000 that use the system today. As riders begin to use the A/B Loops to travel around the city, ridership is expected to grow to 20,000 riders per day by 2025.
Portland Streetcar Fares as of September 1, 2015
|Streetcar Only (2.5 Hour)||$2.00|
|Streetcar/TriMet All Day||$5.00|
|Streetcar Only Monthly Pass||$40.00|
|Streetcar Only Annual Pass||$440.00|
|Streetcar/TriMet Honored Citizen/Youth (2.5 Hour)||$1.25|
|Streetcar Only Honored Citizen/Youth Monthly Pass||$25.00|
|Streetcar Only Honored Citizen/Youth Annual Pass||$250.00|
New fares will allow Portland Streetcar to provide expanded and improved service, including new service over the Tilikum Crossing and the opening of the new A and B Loops (formerly the Central Loop or CL) beginning September 12, 2015.
With the new fare, Streetcar riders can expect a few changes:
- More service with the A & B Loops (formerly CL) extending to South Waterfront over the Tilikum Crossing.
- Improved Saturday service with streetcars every 15 minutes.
- Added late night service for the A & B Loops to better serve events at the Rose Quarter
- Increased fare enforcement and security
- Transition to an all-electronic fare system (E-Fare) in partnership with TriMet and C-Tran in 2016 and 2017.
- New Honored Citizen/Youth Streetcar Only passes
Streetcar's First Ride Across the Tilikum Crossing
On Wednesday, January 21, 2015 Car 008 made Portland Streetcar's historic first journey across the Tilikum Crossing. This is the first of many steps leading up to the opening of the Completed Central Loop on September 12, 2015.