Rayjay Ambekar on valuations, asset allocation and markets
Parkiteer Presentation
1.
2. Scott Martin – Department of Transport
Jason den Hollander – Bicycle Victoria
3. Boardings (millions)
0
50
100
150
200
250
1900s
First World War
1910s
First electrification scheme
opened progressively from 1919 to 1923
1920s
Great Depression
1930s
Second World War - no patronage reported
Suburban services were suspended for 34 days due to strikes
1940s
suburban' 20 mile limit dropped; Petrol rationing ends Feb 1950
All services suspended for 55 days due to strikes
Dandenong-Pakenham electrified for coal traffic
1956 Olympic Games
1950s
date have been factored up by 5% to allow for journeys involving more than one train boarding.
Credit Squeeze
Upper Ferntree Gully-Belgrave electrified
Note: Prior to 1982-83 patronage was enumerated as journeys derived from ticket sales. Figures prior to this
1960s
Recession
Suburban services extended to Pakenham
1970s
Burnley loop opens, Comeng trains enter service
Neutral Events
The 'Met' formed, last 'red rattler' withdrawn
Altona Loop opens
Last of the four city loops opens
1980s
Port Melbourne and St Kilda lines closed.
boardings
Recession
Cranbourne electrification opens
2008-09 revised
1990s
Estimated Metropolitan Train Patronage
forecast 220.1 million
Franchising - Connex and National Express
Sydenham electrification opens
Re-franchising - Connex assumes control of entire network
Events likely to have a positive effect on patronage
Events likely to have a negative effect on patronage
2000s
Craigieburn electricfication opens
4. Access mode Number %
Bicycle 5,266 1.6%
Bus 32,558 10%
Car (driver) 54,966 16.9%
Car (passenger) 39,084 12.0%
Train 14,631 4.5%
Tram 9,717 3.0%
Walked 169,435 52.0%
TOTAL 325,658 100.0%
Source: Metlink OD Survey (2006)
5. There are three distinct cycling markets that
combine bike riding with public transport:
1. ‘Bike and Ride’ – cycle from home to entry
station
2. ‘Bike and Ride and Bike’ – cycle to entry
station, take bike on train, cycle from exit
station
3. ‘Ride and Bike’ – cycle from exit station to
destination
6. For passengers:
• Riding to the station reduces
‘interchange penalties’ from:
• walking to the station or feeder mode
(bus/tram) stop
• Journey times on feeder modes
• Door-to-door journey times for riding on
short (2-3 km) trips are comparable with
car travel on local roads
7. Door-to-door travel times
for 2.8km journey to
Werribee station:
Bus – 20 minutes
(includes walking &
waiting time)
Bike – 13 minutes
(includes Parkiteer
lock-up time & walk to
station entrance)
Car – 11 minutes
(includes search for
parking & walk to
station entrance)
8. For rail operators ‘bike and ride’ can:
• Increase train capacity by removing
bikes from peak period trains
• Intensify land use around stations
• Reduce pressure on station car parking
• Reduce congestion around station
precincts
9. How much is parking 26 vehicles really costing us?
Gross Area per Cost per
Total Cost
Area vehicle vehicle
26 Cars
365m2 14.04m2 $390,000 $15,000
Spaces
26 Bike
138m2 5.3m2 $65,000 $2,500
Lockers
Parkiteer Cage 35m2 1.35m2 $100,000 $3,850
(26 bikes)
Parkiteer lands 26 bikes in 1/10th
the area of 26 car spaces and
1/4 the area of 26 bike lockers
12. Poor siting and perceived insecurity of formal parking
leads to ‘informal’ parking at stations. This creates
potential pedestrian and DDA access issues.
13. Lockers – many drawbacks including:
• Low patronage and perceptions of insecurity
• Low utilisation (2008 audit showed 19% utilisation)
• Space hungry and difficult to effectively manage
14. Parkiteer is a ‘machine ensemble’ made up of:
• Structural elements (the cage)
• Bike parking systems (rails and racks)
• Power supply (solar or shore power)
• Access controls (electronic door lock/
swipe card access)
• Control systems (back to base monitoring)
20. Evaluation still in progress, however some
useful measures include:
• Changes in bike locker wait lists at
Parkiteer stations
• Parkiteer utilisation levels (600+
members including oversubscription)
• Conversion of car drivers to cyclists
through Parkiteer use (average 55%)
21. Bike locker waiting lists have decreased
at these Parkiteer stations
Metropolitan rail station bike locker waiting lists -
May 2008 & March 2009
60
50
40
Mar-08
30
May-09
20
10
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22. What the system tells us so far…
Avg usage per day
Parkiteer Utilisation - Winter 09
Capacity
60
Live cards
50 Lockers comparison
40
30
20
10
0