Report results for Urban Land Institute's Infrastructure 2009

1. Infrastructure 2009
Pivot Point

2. Welcome to
Infrastructure
2009: Pivot
Point
An analysis of global
infrastructure issues
by the Urban Land
Institute, sponsored
by Ernst & Young.

3. U.S. and the World:
at a “Pivot Point”
We face a historic
opportunity to
fundamentally rethink
how we plan, fund
and build
infrastructure

4. The Bottom Line-
We Need:
A long-term
infrastructure strategy
Revamped government:
national, regional, and
local vision, planning
and discipline
To do things in more
integrated way
To change the way we
pay for infrastructure

6. The Infrastructure Challenge
Financial and housing crisis
Global competition
Years of underinvestment
Aging and stressed infrastructure
Growing congestion
Freight bottlenecks
Oil dependence
Climate change
Water scarcity and pollution

7. Infrastructure Life
Cycle

8. Coasting: U.S. Infrastructure
Spending Lags GDP Growth

9. Stimulus Spending:
Just Patching the Holes
Short-term stimulus funding is no substitute
for a long-range infrastructure strategy
$132 billion is not enough, but it is a lot
Are we spending it wisely?
Infrastructure Incentives and Spending in U.S.
Economic Recovery Bill
Transportation $48.0 Billion
Energy $69.8 Billion
Water $14.6 Billion
Total $132.4 Billion

10. Aging and Stressed
Infrastructure
ASCE: U.S. roads, public
transit, aviation and
water systems in bad
shape
Estimate: $2.2 trillion
needed over five years to
repair the nation’s
infrastructure
Local infrastructure
decisions are key

11. Water Challenges
Rapidly expanding population centers in the
West and Southwest are running out of
water
Older cities face costly retrofits of aging
water infrastructure

12. The U.S. Contributes to
Climate Change

13. The Opportunity
New leadership
Population growth
New “smart” technologies
Support for rail and transit
Enthusiasm for urban living
Federal transportation and climate
change bills
Local initiatives and global lessons

14. Population Growth: Both a
Challenge and Opportunity
U.S. will add 110 million between 2010 and 2050
West and Southwest will lead U.S. growth
Many other countries will experience population
declines

15. Smart Technologies
New smart meters and
peak time-based rates
help change consumer
behaviors
Technologies like Global
Positioning Systems
(GPS) enable new ways
to pay for and manage
infrastructure

16. Urban Momentum

17. The Next Big Opportunity:
Reforming Transportation Policy
Current surface transportation law expires in the
Fall, 2009
What should the next bill do better?
Promote more compact
land use
Provide incentives for
more creative
approaches to land use,
including zoning and
parking
Change the financial
equation

18. Learning from the Leaders

19. Local Support for Denver FasTracks
Rail: Denver System Map
FasTracks: 122 miles of new
transit investments
Voters approved sales tax
increase in 2004
Goal: encourage transit-
oriented high- and mid-rise
development
Will open in phases between
2013 and 2016

20. Bus Rapid
Transit
What is Bus Rapid Transit? Bogota, Colombia
High-capacity vehicles 1 million riders on 52 mile system
Dedicated rights of way Guangzhou, China
Off-vehicle fare collection New 14 mile line to service 600,000
Floor level loading passengers daily
Will shave 1 hour off of round-trip
Information technology systems commutes
Enclosed stations Chicago, Illinois
100 mile system planned to boost
city’s bid for 2016 Olympics
“It’s a way to provide speed and reliability closer to rail service
[but] without the costly infrastructure.”
- Chicago Mayor Richard Daley

21. Creative Parking Solutions
Underutilized parking space translates
into lost land use opportunities
Eliminated/reduced
parking minimums
Parking maximums
Shared parking and
shared cars
Automated parking
elevators
Parking rate schemes/
sophisticated metering

22. Canada Innovates
With PPPs
Building Canada Plan:
7-year program to reconstruct
and expand infrastructure,
begun in 2007
Canadian government supports
public/private partnerships
All projects seeking > $40
million in federal funding must
consider PPP
Federal PPP Canada, Inc office
supports and coordinates PPPs

23. Europe Links the Continent
with Infrastructure
Europe moves forward
with ambitious continent-
wide TENs program
Transportation
Energy
Telecommunications
United Kingdom pushes
ahead with the $23 billion
Crossrail project in London

24. China Makes Massive
Infrastructure Investments
China plans 50,000 total
miles of highways
Rail investments: high-
speed rail between
Shanghai and Beijing,
freight lines, intercity
rail
Transit systems in all
big cities

25. It’s Time to Seize the
Momentum!

26. Adopt a Four Pronged
Approach
1 Develop a National Strategy
2 Plan Holistically
3 Revamp Government
4 Change Funding Equation

27. Develop a National
1
Strategy
Establish high level commission to set
national objectives and establish priorities
Invest in global gateways and national
assets like high speed rail, freight and
ports

28. Invest in High
Speed Rail
President Obama
supports high
speed rail

29. 2 Plan Holistically
Better water
management
requires:
Greater coordination
Increased
conservation
Balancing of local
property rights
Rate hikes

30. Reconfigure Existing
Suburbs
Develop pedestrian-friendly town centers
Create new transportation patterns and
transit options
Rockville, MD reconfigures low-density strip development
into walkable, mixed-use suburban villages

31. 3 Revamp Government
Federal, state and local
governments must manage
and execute infrastructure
in concert
Restructure agencies to
break down silos
Formulate effective long-
range regional plans, tie into
national networks

32. Invest in Multimodal
Solutions

33. 4
Change the Funding
Equation
Make infrastructure costs more
transparent
Adopt smart technologies to save money &
spur change
Establish an American Infrastructure Bank

34. There’s No
Free Lunch
Many costs are
hidden but total costs
can be staggering
Need to make total
costs more
transparent
Need to shift funding
to users

35. U.S. Gas Among World’s Cheapest;
Gas Prices Can Change Development

36. Adopt Innovative
User Fees
Tolling, congestion charging,
and Vehicle Miles Traveled
charges can encourage
optimum use of infrastructure

37. Establish American
Infrastructure Bank
Leverage public and private
Established 1958
investment $52 billion in annual lending
Develop and finance national Funding supports EU
priorities: economic and
significant and large-scale social cohesion, mobility
regional infrastructure projects and connectivity, and
reduced carbon emissions
De-politicize the project selection Financing capped at 50
process percent of total investment
costs
Develop best procurement Helps lower risks for other
investors
practices

38. You Be the Judge:
Infrastructure Scorecard
Win Loss
National long-term Short-term decisions
strategy
Innovative revenue Highway Trust Fund
generating schemes sinks into insolvency
Multimodal One-off, single-
programs mode projects
Integrated planning Independent silos &
and execution little coordination
Infrastructure Bank Bank legislation
created languishes
Check all that apply

39. We’ve Reached a “Pivot Point”
Prosper by Face more
making better gridlock,
investment congestion &
decisions? systemic failures?
The Choice is Ours

40. Thank
you!