New Development Activity in the area

Discussion in 'Discussion Group' started by jesse82nc, Aug 14, 2020.

  1. markfnc

    markfnc Well-Known Member

    I work in RTP but its 4.6 miles from proposed RTP stop (Miami Blvd and I 40) to our office. I guess with RTP so spread out, there would be some bus system making the rounds from the train sta to the various offices.
     
  2. jesse82nc

    jesse82nc Well-Known Member

    I would imagine that this would probably add significant time though to a commute. Driving to the train station is probably at least slightly out of the way, waiting a few minutes for the train, then it has to make several stops on the way to your stop, then when you get off you have to wait for a bus, then it makes several stops on the way to your stop, then you have to walk at least some distance to your office. Not to be a downer, but that sounds like it could take a 45 minute commute into well over an hour easily. And probably cost more than it does in gas today. Not sure I see the benefit.
     
  3. jesse82nc

    jesse82nc Well-Known Member

    Not to mention, the fact that the total projected budget today, in 2022/2023 dollars is $3.9 Billion on the high side, with a projected timeline of 10 years. That could easily balloon to over $5B with inflation and cost overruns. I don't see how this could ever even remotely make any money back. Assuming it comes online in 2035, and that's a big assumption, with an average ridership of 4000 per day by 2040 (from their study). That's 2.92M trips a year (assuming that ridership continues 7 days a week and everyone takes roundtrips). To break even from $5B in 40 years, that would need to cost a minimim of about $45 each way, and that doesn't account for any operating costs still. ($5B / (2.92M trips per year x 40 years)) That's all assuming it doesn't go over budget more than that and that they actually get the number of people they expect to ride it.

    That's a lot of tax dollars for a project that will benefit very few people. By comparison, the widening of I-40 which includes the new interchanges at NC40 and Cleveland Road, only had a budget of $360M. For $5B you could add several lanes to I-40 all the way to RTP easily.
     
  4. markfnc

    markfnc Well-Known Member

    Thats exactly why the last light rail was rejected by the Feds even though they generally approve anything with mass transit.
     
  5. jesse82nc

    jesse82nc Well-Known Member

    Approved by town council last night. Of note, they also increased the commercial from 5100 to 10,000-15,000 sq ft.
     
  6. markfnc

    markfnc Well-Known Member

    I saw on a bid site a Popeyes bidding out there. didn't make sense, but with this it does.
     
  7. jesse82nc

    jesse82nc Well-Known Member

    The commercial on the site consists of a flex space building with 5 x 1000 sq ft units along with additional commerical on the ground floor of the 4 story apartment building(s). I don't think a Popeyes would go on this site, but maybe nearby?
     
  8. markfnc

    markfnc Well-Known Member

    yes, just that general area. it has bid already, so not on the site now, so i can't pull up address.
     
  9. jesse82nc

    jesse82nc Well-Known Member

    I know there was talks of a resturant going on the NW corner of 42E and 70B across from Sheetz. Could be that location. There's a few parcels in that area zoned highway business.
     
  10. markfnc

    markfnc Well-Known Member

    I can't find anything on it, seems like it was further down near where 70 biz meets 70 bypass.
     
  11. markfnc

    markfnc Well-Known Member

    Found address. down further than i thought.

    Popeyes / Clayton
    11756 US-70, Clayton, NC 27520

    Site work and new construction of a restaurant in Clayton, North Carolina. Completed plans call for the construction of a 2,360-square-foot, one-story above grade restaurant; and for site work for a restaurant. *The owner requests that all subcontractor / supplier inquiries be directed to the GC Bidder. *The bid list for this project may be incomplete. If you have been invited to bid on this project by the owner, please notify our editorial staff at contentcase@constructconnect.com. *This project is being bid by invitation only. If you have been contacted by the owner to bid on this project as a general contractor, and would like to be listed below, please notify our editorial staff at contentcase@constructconnect.com.
     
    jesse82nc likes this.
  12. jesse82nc

    jesse82nc Well-Known Member

    I bet that is a typo and it is really Business 70. Which would be next to Biscutville.
    https://www.google.com/maps/place/1...4a1c7381595786!8m2!3d35.6558091!4d-78.4761832
     
  13. markfnc

    markfnc Well-Known Member

  14. jesse82nc

    jesse82nc Well-Known Member

    2023-01-23_13-13-13.jpg
     
    markfnc likes this.
  15. markfnc

    markfnc Well-Known Member

    Saw a post that they are opening March 29. Garner NC: A great place to be FB site.
     
    jesse82nc likes this.

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