Valley Line LRT | TransEd/Marigold | City of Edmonton

Greenspace said:
2.25m riders is 6100 people per day. Latest figures is 9300 riders per day. The bare minimum business case for the Valley Line SE was 32,000 riders per day. Currently costs us $57m/year.
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The development we're seeing along the line will help a lot, and that was only possible because of this investment. Remember, it was not too long ago when Clareview was just a station surrounded by barren fields, rather than being the major hub it is now. This is a long term, generational investment.

This is not based on any evidence, but I think (particularly once VLW opens) the Valley Line is better suited for post-Covid travel habits than the Capital/Metro lines, since it is designed to bring people to more local destinations (i.e., education, grocery stores, etc.) rather than primarily being a funnel for downtown commuting.
 
Tbh I'm not worried that the Valley Line won't keep growing its ridership. As more development continues around it (and that is happening, take a walk around Avonmore for example), and as downtown continues to grow and recover (which is also happening, big difference of fall 2024 to fall 2023) then ridership will increase. Strong retail options in City Centre would probably boost this as well (Here's hoping this happens soon). Winners is already drawing some foot traffic from Millwoods.
 
Greenspace said:
2.25m riders is 6100 people per day. Latest figures is 9300 riders per day. The bare minimum business case for the Valley Line SE was 32,000 riders per day. Currently costs us $57m/year.
Click to expand...
When you say costs us 57mil a year, is that the cost of not hitting 32k riders (like the delta of actual vs expected)? Or the total cost not including the revenue?

Is the “business case” around anywhere to read more on from original approval days?

I’d be interested to understand how many net new users we got the last year, revenue increase, first time purchasers, etc.

Ideally this train attracts new users. Reshuffling bus users to a train isn’t super helpful cost wise.
 
One stat: at 2.25m rides. And 57mil expense. That’s $25/ride. Of which $2-3 is recouped in fares.

Pretty steep subsidy.
 
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