the benefits of greater mobility
By 2035, when LSTAR is operating at its full service level:
- Ridership on LSTAR is estimated to be between 3.2 million and 5.8 million annual boardings.
- Annual hours saved by LSTAR passengers avoiding congestion are estimated to be between 726,000 and 1,288,000.
- Average annual savings to LSTAR users through avoided congestion costs of $17.4 million and $30.9 million.
- Average annual fuel cost savings to LSTAR users of $25.8 million.
- Regionally, the presence of regional passenger rail could enhance per capita income in Austin-San Antonio by $5,241 in 2011 dollars. This translates to a personal income increase of ~$20.4 billion above what would otherwise be expected.
- Following the same logic, state tax revenue would be $1.02 billion above the baseline, while local tax revenue would increase by $1.31 billion.
investing in our communities
Passenger rail investments in Central and South Texas promise to create thousands of jobs, sustain vital communities and give life to new ones, and support our region’s continued prosperity.
• Along the LSTAR route:
Potential LSTAR station areas, from Taylor and Georgetown in the north to South San Antonio, will be surrounded by opportunities for new, transit-oriented development — whether residential, commercial or mixed use. Some examples of projects being planned with the LSTAR in mind include Apple Computer’s new campus in North Austin, the proposed Grove at Shoal Creek in Central Austin, the Schertz Town Center, and the Verano development, home to Texas A&M University at San Antonio.
investment in the region
As a $2-3 billion project, the development of LSTAR will itself provide a significant economic boost to Central and South Texas and will create jobs on its own. This impact will be enhanced by the investments of private capital being foreseen as part of the public-private partnership model for project development.