TRANSPORTATION INVESTMENT AND URBAN GROWTH
LINK 21 - san francisco BART new transbay rail crossing
Link 21 is a program that will transform the passenger rail network in the Northern California Megaregion. LEG applied the REMI model to assess the economic impact of alternative transbay rail crossings, covering construction, operations and travel efficiency impacts.
CLIENT: SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT (BART)
PRIME: CAMBRIDGE SYSTEMATICS
NORTH HOLLYWOOD TO PASADENA BRT CORRIDOR PLANNING
LEG provided the economic development analysis and value capture evaluation for the station and alignment alternatives for the North Hollywood to Pasadena Bus Rapid Transit (BRT) system for Los Angeles County Metropolitan Transportation Authority (Metro).
CLIENT: LOS ANGELES COUNTY METRO
PRIME: KIMLEY-HORN AND ASSOCIATES
Millbrae HIgh Speed Rail Station Market Study and Joint Development Negotiation
LEG assisted a major property owner and developer at Millbrae Station with joint development negotiation with the California High Speed Rail Authority that included property exchange, land lease revenue sharing, joint use of parking and station entrance planning.
CLIENT: MILLBRAE SERRA STATION LLC
Los Angeles River Bikeway and Greenway Economic Impact
LEG prepared the economic and employment impact assessment for the Los Angeles River Bikeway and Greenway Project as part of the design and feasibility team led by Gruen Associates.
CLIENT: CITY OF LOS ANGELES BUREAU OF ENGINEERING
PRIME: GRUEN ASSOCIATES
Connector Station Retail - LAX People MoveR and Metro Light Rail
LEG analyzed the retail space requirements of the connector station that linked the LAX People Mover, Metro Light Rail and a bus transit center as part of the design contract led by Gruen Associates.
CLIENT: LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY
PRIME: GRUEN ASSOCIATES
STATION AREA PLANS AND COMMUNITY BENEFITS FOR EXPOSITION LRT LINE
Bill Lee served as the senior real estate economist and financial analyst in the Exposition Line Station Area Specific Plan preparation. He designed the financial model to analyze development opportunities induced by the transit investment and proposed up-zoning. The model was then used to estimate the financial capacity of new development to carry the cost of community benefit improvements and recommended a set of policies to fund these improvements.
CLIENT: LOS ANGELES DEPARTMENT OF CITY PLANNING
PRIME: TERRY HAYES ASSOCIATES
STATE OF CALIFORNIA HIGH SPEED RAIL AUTHORITY
While at ERA, Bill Lee served as Project Manager for a major assignment for the California Intercity High Speed Rail Commission. He directed a team that examined the economic impact and benefit versus cost implications of the construction and operations of a high-speed rail system linking the Los Angeles basin with the San Francisco Bay Area. Bill was also responsible for evaluating the impact on the California economy overall, including different sectors of the economy, the geographic distribution of economic activity, and station area land development for 24 proposed stations. More recently, LEG examined High Speed Rail station area impacts in Gilroy, Fresno and Bakersfield.
CLIENT: STATE OF CALIFORNIA HIGH SPEED RAIL AUTHORITY
ECONOMIC AND REAL ESTATE MARKET IMPACT OF PROPOSED HOUSTON BRT SYSTEM
Bill Lee and Tanya Chiranakhon prepared a regional real estate market and economic impact assessment of a proposed BRT connector system that will serve Houston's Uptown District. The assessment was instrumental in the District securing the necessary funding, which included a $20 million capital grant, to implement the BRT system.
CLIENT: CITY OF HOUSTON UPTOWN MANAGEMENT DISTRICT
AUCKLAND NEW ZEALAND CBD RAIL LOOP
Bill Lee, while at AECOM, was retained by the Auckland Regional Transport Authority and Kiwi Rail to serve as Technical Lead for the Auckland CBD Rail Loop Business Case. Bill was brought in to incorporate CBD regeneration into the benefit versus cost analysis to account for the impact of this rail project in shaping the future of Central Auckland for decades to come. His groundbreaking evaluation was instrumental to the New Zealand Central Government's decision to fund the largest infrastructure project in the history of the country.
CLIENT: AUCKLAND REGIONAL TRANSPORT AUTHORITY (ARTA) AND KIWI RAIL
JOINT DEVELOPMENT OPPORTUNITIES DUE TO BART EXTENSION
BART is planning a $4 billion dollar extension into Santa Clara County with six stations in Milpitas, San Jose and Santa Clara. The Santa Clara Valley Transportation Authority, the agency responsible for planning and financing this extension, retained Bill Lee (while at ERA) to examine joint development opportunities within a half mile of the six stations. Bill also advised top VTA management concerning other revenue vehicles, such as transit benefit assessment districts, impact fees and cost sharing agreements with developers or land owners.
CLIENT: SANTA CLARA VALLEY TRANSPORTATION AUTHORITY